A Cagey Tepper Played the Rope-a-Dope to 2015 Gains

The Appaloosa chief rode the market early last year to big gains, then went on defense, concerned about China and the Fed.

February 2, 2016

	Peter Foley
	David Tepper, Appaloosa Management (Bloomberg)

David Tepper’s rope-a-dope strategy paid off.

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