What May Have Driven David Tepper’sBig Decision

By drastically downsizing Appaloosa Management, the famously competitive manager may be helping to preserve his long record of outperformance.

Stephen Taub October 10, 2019

David Tepper

(Andrew Harrer/Bloomberg)

When David Tepper’s youngest child was preparing to head to college several years ago, the feisty, multi-billionaire founder of Appaloosa Management made it clear in an interview with this publication that he was finally ready to start enjoying the considerable amount of wealth he had

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