He has a brass replica pair of testicles on his desk to remind everyone what it takes to invest when everyone else is selling
Having balls of steel is what allowed him to pull off the "Greatest Trade Ever," making $7 billion for his clients in a single yearMeet the billionaire who buys when blood is in the streets and owns the Carolina Panthers — David TepperTimeline:• 1982: Graduated University of Pittsburgh, then earned an MBA from Carnegie Mellon• 1985: Joined Goldman Sachs’ junk bond desk after being rejected by them earlier in his career• 1993: Passed over for partner at Goldman three times. He quit and started Appaloosa Management• 2001: Returned 61% by betting on distressed tech bonds after the dot-com bubble burst• 2009: The Legendary Bet. While the world feared a banking collapse, he bought Bank of America and Citi at rock bottom. Appaloosa made $7B• 2011: Spent $43M on a Hamptons beach house just to tear it down—it belonged to the Goldman boss who wouldn't promote him• 2018: Bought the Carolina Panthers for a record $2.27B in cash• Today: Managing ~$20B and remains the most influential voice on CNBCHere is what Tepper is buying now:$Alibaba(BABA.US) — Alibaba, his massive bet on a Chinese tech rebound. Now his #1 holding$PDD(PDD.US) — PDD Holdings (Temu), doubling down on Chinese e-commerce dominance$NVIDIA(NVDA.US) — NVIDIA, the AI giant he rode up and continues to trade actively$Amazon(AMZN.US) — Amazon, the infrastructure play he views as a "utility of the future."$Microsoft(MSFT.US) — Microsoft, his core software and cloud positionDecades later, he’s still the ballsiest in the game
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