David Tepper shuns stock market: ‘Sometimes there’s times to make money … sometimes there’s times not to lose money’

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Last Updated: Oct. 22, 2021 astatine 4:19 p.m. ET First Published: Oct. 22, 2021 astatine 1:45 p.m. ET

David Tepper, billionaire capitalist and 1 of the world’s apical hedge-fund managers, isn’t a instrumentality of the banal market, close now.

That is what the laminitis of hedge-fund Appaloosa Management told CNBC successful a Friday interview, with U.S. stocks slipping lower, arsenic the salient capitalist spoke.

“I don’t deliberation it’s a large investment,” Tepper told...

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