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David Tepper: The King of Bouncing Back

Frederik's Labyrinth

CHAPTER

The Biggest Mistake of My Career

Apalusa, which had grown to one point seven billion in a u m, lost 29 % over all, and 80 million on its russian position alone. In 19 98 was hard, he remembered: "We took our book down, raised cash and did different things than we had ever done" Teper schwarted the bubbly nastag in two thousand but covered the position because of invested pressure five weeks before market crashed. He pledged to never let his investors interfere with his decisions again.

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