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David Tepper’s Appaloosa Rebounds Sharply after Losing 2011
After losing 3.5 percent in 2011, David Tepper’s Appaloosa Management’s funds were up more than 4 percent in December alone and 30 percent for 2012.
David Tepper’s Appaloosa Management was one of the best performing hedge funds in 2012. Its funds were up more than 4 percent in December alone and 30 percent for the year, net of fees. Its gross return was 38 percent, according to a source with knowledge of the firm. Most
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