Articles About David Tepper
- Author:
- James I. Clark III
- Posted:
- 02.01.2010
Hedge Fund Honcho’s Bet Pays Off Big
David Tepper’s shrewd bet that the nation would avoid a second Great Depression inspired him to buy bank shares at rock-bottom rates, a move that has earned his Appaloosa Management hedge fund an estimated $7 billion worth of profit during 2009. Last winter, Tepper invested heavily in Bank of America stocks selling for $3 a […]