First we had a CNBC appearance from the former media-shy billionaire hedge fund manager David Tepper. Now he is profiled in New York Magazine.
A guy like Tepper doesn't step out of the shadows without a pretty damn good reason. He may be doing it simply to attract more money to manage. There could be other reasons. But he certainly is a trader to keep an eye on.
BTW: The NYM profile is must reading. I like Tepper's investing style a lot: Identify the macro-trend and find the micro-investment that will benefit from the macro-trend.
Now that he is going high profile, what's he going to do with all those that will start asking him for money? “I’m gonna have somebody put together a form letter for that,” he says. “It’ll say something like, I’m going to give you a great gift. What I got: Nothing.”
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