3/5/2013
I dont have to remind you again that Billionaire Hedge Fund Manager David Tepper has the greatest track record of any investor over the last 20 years, he makes Warren Buffett look foolish. Buffett who couldn’t even beat the S&P 500 last year and whose Berkshire stock has returned 9.7% annualized over the last 20 years pales in comparison to David Tepper’s hedge fund Appaloosa.
David Tepper considered to be the “regular guy of the hedge fund world”, a self proclaimed C student, who graduated from the very un IVY like University of Pittsburgh, has returned 41% annualized since 1993. Let me say that again over the last 20 years, David Tepper the hedge fund manager of Appaloosa Partners has returned 41% a year over the last 20 years.
To put this in simpler terms if you would have invested 10,000 in David Tepper’s fund in 1993, you would have close to $10,000,000 dollars today, $10 Million….. (Actually $9.7 million but who is counting at this point). So if you dont believe piggybacking Billionaire Hedge Fund Managers can make you rich then your crazy!!!
To see what stocks David Tepper is buying and to see how you can piggyback your portfolio into $10 milllion check out The Billionaires Portfolio
Will Meade
Editor of The Billionaires Portfolio