Tag Archives: David Alan Tepper is an American hedge fund manager and the founder of Appaloosa Management. His investment specialty is distressed companies.

How does #1 hedge fund manager David Tepper of Appaloosa profit $3.4 billion with ROI up 40% return with 14 staff? HFT?

How does #1 hedge fund manager David Tepper of Appaloosa Management personally make $3.4 billion and with ROI up 40% return with only 14 staff members? Automated trading? HFT? hmm…..

Appaloosa Management.

David Alan Tepper is an American hedge fund manager and the founder of Appaloosa Management. His investment specialty is distressed companies. Wikipedia
Born: September 11, 1957 (age 56), Pittsburgh, Pennsylvania, United States

http://www.businessinsider.com/david-tepper-at-salt-conference-2014-5
He says now: ‘I am nervous. I think it is nervous time’
OK. His firm Appaloosa Managemen (hedge fund) was up 40% last year with only 14 staff members 
Now remember, he was the the #1 top income earner on the planet for 2013.. He only reported a paltry $3.5 billion.
http://amlp.com/contactus.html
So the question, is it auatomated trading decision? How about even going HFT? There is very little info here but considering the returns and portfolio size,
Considering minimum staff, how does one get these kind of returns? Any suggestions?
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!