David Tepper: The King of Bouncing Back

The Alchemy of Money

I'm reading my full piece David Tepper: The King of Bouncing Back and key takeaways from the second part, What I Learned From David Tepper. You can find both pieces with all quotes and sources on my substack: neckar.substack.com.

“For better or worse we’re a herd leader. We’re at the front of the pack. We're one of the first movers. First movers are interesting; you get to the good grass first, or sometimes the lion eats you."

"In the outside world, I’m that easygoing person. But if I’m on the field, I wanna win. And we win a lot.”

Sections:

• Growing up in Pittsburgh
• Republic Steel
• The Goldman Setback
• The Horse Leaves the Barn
• Emerging Market Adventures
• Dotcom Distress
• The Delphi Distraction
• The Crisis Hits
• Inflection
• Epilogue

Lessons:

• Don’t do it for money alone.
• Lazy competitive.
• Be smart enough to get lucky.
• Find your own style.
• Ahead of the herd.
• But don't bet the firm.
• Bouncing back in life and markets.
• Unemotional under pressure.
• Staying nimble.
• Optimists win in the long run.
• Keep having fun.