David Tepper

by on David Tepper is the founder of Appaloosa Management LP, a hedge fund that has returned 30% since inception. He recently made headlines for jumping into home builders, stocks that most investors have panned since the 2008 housing crisis. By Bob Holt | Email the author | 10:38am Patch file photo: David Tepper, the president of Appaloosa Management, a $15 billion hedge fund based in Chatham, helps launch a FoodBank of New Jersey fund-raising drive. Alan Neuheuser Governor Christie...Read Full Story

  David Tepper: "There Is No QE3 Coming Down The Pike" – Courtney Comstock – Clusterstock at Business Insider LARRY FINK: Screw QE3 — We Don’t Need It — And Stocks Are About To Soar – Courtney Comstock – Clusterstock at Business Insider ———– David Tepper Tells CNBC QE3 Will Come Only if Stock Market Falls Substantially – by TraderMark – It is quite pathetic that along with their supposed dual mandates of price stability and employment, the new era Federal Reserve believes...Read Full Story

David Tepper , who is considered the best amongst the present lot of hedge-fund managers , during a financial crisis, is quite optimistic as he believes that the federal reserve will support the financial markets if the economy further deteriorates. Tepper stated in an interview with CNBC that investments are likely to rise if the government intervenes. He further explained the Federal Reserve Open market Committee statements and explained that the government will prop up the financial...Read Full Story