David Tepper – largest lucky investor
David Tepper is one of the largest American investors, founder of hedging company Appaloosa Management, which specializes in failing businesses, on investments in "junk" bonds and company shares, undervalued by the market. Today he is one of the richest Americans. Forbes magazine estimates the general condition of the investor in $10 billion. According to Forbes, he was ranked 258th among the richest people in the world. 2013 G. for Wall Street turned out to be difficult, despite the stock market boom. But for the stock "bull" David Tepper this year was very successful.. Managed by his hedge fund Appaloosa Management - $20 billion, and the fund's gross income last year was 40%. He took a risk to bet on American securities and made good money on airline stocks. IN 2013 G. David has invested heavily in airline stocks: American Airlines Group, Delta Air Lines and United Continental Holdings. Appaloosa Management celebrates 20th anniversary. Its average annual income since its inception was 28,44%. With this record, Tepper can be considered one of the best hedge fund directors in history..