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The World’s Greatest Investor Is Just Like You

June 10th, 2013

david tepperBillionaires Portfolio: Let me share with you an incredible secret. The world’s greatest investor is not Warren Buffett. Yes, Buffett is one of the richest men in the world. But there is a man who will overtake Buffett as the richest investor. His name is David Tepper.

David Tepper has the best track record of any investor in the world. Over the last 20 years he has averaged a 40% annual return.

Let me repeat that again, because it’s a staggering number. That’s right, David Tepper has averaged 40% a year over the last 20 years.


Let me put this in perspective for you. If you would have invested $10,000 with David Tepper in 1993 you would now have an incredible $8.3 million. Now, that highlights the two keys to building wealth as an investor. You need big returns. But also, consistent returns. And you need to compound those returns overtime.

That is why David Tepper is the world’s greatest investor. He has done it for a long time. And continues to do it. In what has been considered a tough market.

That is why David Tepper is worth over $7 Billion dollars at only 55 years old.

Now, here is where it should be particularly interesting to you.

David Tepper is just like you!

David Tepper is the true American Dream. He is the stereotypical average American male. He is a little overweight. He is balding. He is average height. And believe it or not, he is not some hot shot Ivy League grad or rocket scientist with a PHD from MIT.

David Tepper is just a graduate of a state school, the University of Pittsburgh. I say this not to disparage his education. I say this because it doesn’t really matter if you went to Harvard or Yale or Pittsburgh. I have a pretty fancy degree. But I can tell you this: It learned nothing about becoming a good investor. I’m a good investor because I have common sense. And because I know how the system works. The masses will always lose money or, at best, underperform. And that creates an opportunity for me and those like me.

I say all of this to emphasize that you can be, and should, be returning 40% a year like David Tepper.

I have told you numerous times in my articles that if you are not fully invested in stocks and if you not returning 30% to 50% a year then you are failing at investing. If you were in school you would get an F.

But look it’s not your fault. You have been suckered and sold by Wall Street. You’re invested in mutual funds that will never ever make you anything more than 6% to 7% returns on average.

You probably have your money with a stock broker, who is ripping you off by charging you large commissions, spreads, sales fees, plus another 2% to 3% management fees while giving you 5% annual returns – while putting your money at risk of being halved.

So I don’t blame you. But I will blame you if you do not change your investing strategy. If David Tepper, the stereotypical average American male can return 40% a year simply buying stocks, then so should you.
But you need a game plan to do this. And I can help you. My blog and my premium research service The Billionaires Portfolio is built on the same philosophy that David Tepper uses. I like buying cheap undervalued stocks with catalysts and holding them to make triple digit returns. My goal is just like Mr.Tepper’s: To make all of us multi-millionaires by compounding our money at 30% to 50% returns annually.

So fire your broker. Sell your mutual funds. And learn from the world’s greatest investors how to compound your money at 30% to 50% a year.

-Written By William Meade Editor of The Billionaires Portfolio


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  1. Robert Knicks
    June 11th, 2013 at 12:44 | #1

    This guy is not your average American as you suggest, what scam are you running?

    After earning his MBA in 1982, Tepper accepted a position in the treasury department of Republic Steel in Ohio.
    In 1984, he was recruited to Keystone Mutual Funds (now part of Evergreen Funds) in Boston, and in 1985, Tepper was recruited by Goldman Sachs, which was forming its high yield group. He joined the firm in New York City as a credit analyst. Within six months, Tepper became the head trader on the high-yield desk at Goldman where he worked for eight years. His primary focus was bankruptcies and special situations. He left Goldman in December 1992 and started Appaloosa Management in early 1993.
    In 2001 he generated a 61% return by focusing on distressed bonds, and in the fourth quarter of 2005 he pursued what he saw as better opportunities in Standard & Poor’s 500 stocks.[4] He makes significant gains year after year by “investing in the diciest of companies,” such as MCI and Mirant. Investments in Conseco and Marconi also led to huge profits for the company’s hedge funds while Tepper “keeps the market on edge.” [5]
    In 2009, Tepper’s hedge-fund earned about $7 billion by buying distressed financial stocks in February and March (including Bank of America common stock at $3 per share), and then profiting from the recovery of those stocks later that year.[6] $4 billion of those profits went to Tepper’s personal wealth. In March 2010, the New York Times reported that Tepper’s success made him the top-earning hedge fund manager of 2009.[7] Then again in 2013, Forbes ranked him as top hedge-fund earner of 2012, elevating his status to the 166th wealthiest person in the world.[1]

  2. Robert Mendelson
    June 10th, 2013 at 17:28 | #2

    A very important fact in Mr. Tepper’s bio has been omitted in this blog. He earned his MBA at Carnegie Mellon University, which has one of the top ranked business schools in the nation. He was so indebted to what he learned there that in 2004 he made a $55 million gift to the business school (the second largest naming gift made to a business school in the U.S.A. at the time), which is why the CMU business school is now named the Tepper School of Business.

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