Billionaire David Tepper, Who Bet on Failing Banks in the ’08 Crisis to Profit By $7 Billion, Massively Diversifies Tech Stake in Q1
Billionaire investor David Tepper is known for his high-risk, aggressive trading style. As the founder of the Appaloosa Management hedge fund, Tepper has made a fortune with his contrarian calls and bets on the debts of distressed assets. During the ’08 financial crash that drove down the value of banks to record lows, Tepper was…