I am wading in on investing in discounted debt to make solid money on funds while equities appear expensive. I have followed David Tepper and Prem Watsa who both use discounted or distressed debt at times for impressive returns and look to make similar investments to get great returns on what would otherwise be idle […]
Introduction to Doug and experience in value investing with an overview of value investing learned from experience and from reading resources like Intelligent Investor book. References included to Warren Buffet, Benjamin Graham and David Tepper Lessons learned and about StockStory.ca site.
David Tepper is one of the most prolific hedge fund managers in investing particularly that is not using high frequency computers to make his gains. GuruFocus lists his annualized returns at 26.5% from 1993 to 2014 (covering the dotcom crash and the subprime crash). With these type of returns one could double their money about every […]