NASDAQ – Appaloosa founder and renowned hedge fund manager David Tepper is widely regarded for his excellent returns as well as his near perfect timing on his purchases. The guru made his much of his wealth by foreseeing and accurately playing the housing crisis and the financial recovery that was to follow.
Over the fourth quarter, David Tepper made new buys in to 19 stocks across various sectors of the market. The hedge fund’s portfolio holds 70 stocks and is valued at nearly $7.98 billion, which is notably up from the third quarter’s portfolio value of $6.3 billion.