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David Tepper

David Tepper

Appaloosa LP
Last update 2021-11-15 52 Stocks (3 new)
Value $4.20 Bil Turnover 8 %
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David Tepper Profile

David Alan Tepper is the founder of Appaloosa Management, which is a $3 billion hedge fund investment firm based in Chatham, N.J., just west of New York City. David Tepper initially became interested in the stock market as a young boy watching his father trade stocks in his hometown of Pittsburgh. Today, as president and founder of Appaloosa Management, Tepper has earned an international reputation for producing some of the highest returns amongst fund managers on Wall Street. He earned a master of science in industrial administration from Carnegie Mellon in 1982. He donated a record $55 million to the Graduate School of Industrial Administration. The gift is the largest donation to Carnegie Mellon University in its 104-year history.

David Tepper Investing Philosophy

He is a distressed-debt specialist, was once considered to be the hottest investor on wall street.
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Performance of Appaloosa Investment LP I