David Tepper Is So Rich He Can Afford to Just Throw Money on the Floor


David Tepper, the big-balled hedge-fund manager who made $7 billion buying bank stocks in the wake of the crash, “often throws a $20 bill on the floor” in front of his traders, according to Bloomberg. “‘Would you pick that up?” he asks. Unfortunately, he is not encouraging his employees to exhibit gladiatorial skills by making them dive down and fight one another to get to the cash, although that would be awesome. He is doing it to teach them a lesson. “His point: The best trades can be like found money.” [Bloomberg]