David Tepper cut Micron by 41%, dumped Sandisk entirely and is now betting against Apple with $242 million in put options

Billionaires Africa | 02.09.2026 23:57
David Tepper knows something about timing market cycles. The founder of Appaloosa Management built one of the most celebrated records in hedge fund history, generating annualized returns of approximately 25% through mid-2019, and has continued producing extraordinary results since, with Appaloosa delivering a 32% gross return in just the first half of 2026.