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What May Have Driven David Tepper’s Big Decision
By drastically downsizing Appaloosa Management, the famously competitive manager may be helping to preserve his long record of outperformance.
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 built.“I am ready to be
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