Appaloosa
Since its inception in 1993, Tepper's Appaloosa Management has been a successful hedge fund, but big returns of more than 100% in 2009 made him a household name on Wall Street. Tepper solidified his name in Wall Street folk lore after appearing on financial network CNBC in September 2010 telling the investing public to "buy everything" ahead of more Federal Reserve easing, or QE2 as it has become known. The comments jolted the market higher that day and proved accurate as markets rallied to finish out 2010.
View Older Stories View More Recent Stories
-
Futures Jumping Into Open: Dow Jones Up 108, Nasdaq Up 24, S&P 500 Up 12.50
-
Tepper's Appaloosa Increases Exposure to Big Pharma, Reduces Risk in Financials (C, BAC, MRK, PFE, More...)
-
Appaloosa's Tepper Says BofA (BAC) Could Be $27 Stock in a Year; Also Likes Banco Santandar (STD)
-
Ira Sohn Investment Conference Started
-
Fast Money Hedge Funds Close Out Citigroup (C) Positions Before U.S. Treasury Has Chance To Sell One Share
-
Tepper's Appaloosa Cuts Stakes In Bank Stocks (BAC, C, WFC), Enters Pharmaceutical and Energy Stocks
-
Notable Mergers and Acquisitions of the Day 12/24: TEVA, BRK-A/BRK-B, GG, BG
-
Buffett Reportedly Interested In GMAC's ResCap
-
Tepper's Appaloosa Hedge Fund Has a Blockbuster Year
