By Bram Berkowitz
Publication Date: 2025-11-24 01:32:00
David Tepper was one of the most successful investors of the last three decades.
Billionaire David Tepper’s track record on the stock market is nothing short of remarkable. According to CNBC, the current owner of the Carolina Panthers professional football team founded his hedge fund Appaloosa Management in 1993 and earned annual returns of at least 25% for decades. Today, Tepper still runs Appaloosa, but it is now a family office where he manages his own assets.
The market is always curious to see what Tepper and his fund are up to. Appaloosa sold its stake in the third quarter oracle and focused on a sector that Wall Street expects to outperform next year.
Image source: Getty Images.
Oracle lost value after a strong rally
The technology company Oracle is not one of them “The Magnificent Seven” But it has become a strong beneficiary of artificial intelligence (AI), thanks to its specialized data centers that contain huge clusters of graphics processing units (GPUs) to…
