5 Important Lessons Young People Should Learn From David A. Tepper

David A. Tepper was born on the 11 September 1957; in Pittsburgh, Pennsylvania and is the founder and president of global hedge fund, Appaloosa Management, based in Miami Beach, Florida.

David A. Tepper

Tepper owns the Carolina Panthers of the National Football League (NFL) and was ranked on Forbes listings as the 138th wealthiest person in the world as at the 30th of November, 2018 with an estimated net worth of about $11.4 billion.

So how did David Alan Tepper become this rich and what can young people learn from him? In this video, we’ll share with you; 5 important lessons young people should learn from David A. Tepper.

5 Important Lessons Young People Should Learn From David A. Tepper

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Transcript

Five important lessons young people should learn from David Tepper. David Alan Tepper was born on the 11th of September, 1957 in Pittsburgh, Pennsylvania and is the founder and president of global hedge fund Appaloosa Management based in Miami Beach Florida. Tepper owns the Carolina Panthers of the National Football League NFL and was ranked on Forbes Liston's as the one hundred and thirty eighth wealthiest person in the world. As of the 30th of November 2018 with an estimated net worth of about eleven point four billion dollars. So how did David A. Tepper become this rich at what can young people learn from him in this video. We'll share with you five important lessons young people should learn from. David Alan Tepper . If you are new here consider subscribing so you won't miss all that interest in videos like this.

Lesson 1. Be enthusiastic.

Tepper worked at the Fricks Fine Arts Library as a means to help pay his way through school. While he attended the University of Pittsburgh quailing college Tepper also began to invest in small scale in a variety of markets to pass for US investments. Pennsylvania Engineering Corp. and Korea. Academics were given to him by his father. And both companies went bankrupt. Tepper graduated with honors earning a Bachelor of Arts degree in economics outside college graduation. Tepper started working in the finance industry as a credit analyst in the Treasury Department of Achree back on satisfied with his position in the industry which was limited by his academic qualification. Tepper enrolled at Carnegie Mellon University's Business School in 1980 where he received a Master of Science in Industrial Administration and as a degree upon completion at teaching his MBA equivalent to Baghi and high profile employment I went on to become a legendary investor and hedge fund manager. The lesson for young people ambition and enthusiasm are what will drive you to achieve greater things. Tepper was satisfied with his position and enrolled for higher education and qualification. Realizing it was essential for him if he was to reach higher ranks quickly in the finance industry. Ambition is not just about wanting more. It includes the action of brings you closer to a realization of your goal. First don't be satisfied with mediocrity. Visualize your next level then continue to take positive action that draws you closer to your vision.

Lesson 2. Have a niche and be clever.

After all teeny is MBA equivalent from kanji Meloney University in 1982 Tepper accepted a position at Republic Steel in Ohio. Tepper worked in the Treasury Department until he was recruited in 1984 to Boston based Keystone mutual funds. Now part of evergreen funds. In 1985 Zappa joined Goldman Sach as a credit analyst. At the time the company was forming its high yield group in New York and he became head Trita. Within six months focusing on special situations and bankruptcies after the 1987 market crash Tepper bolts on the line. Bonds in financial institutions had been significantly affected by the crash for a pittance. These bonds Shatz high in value wants to make.



About the Author

Jacob Wolinsky
Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Prior to ValueWalk, Jacob was VP of Business Development at SumZero. Prior to SumZero, Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver