The Best Day Ever
We can now move on to the topic of which trader got lucky the most because we know that neither typical traders nor hedge fund managers are really that trustworthy. Who would you assume that is without checking? Warren Buffet, who was mentioned earlier? Gates, Bill Bezos Jeff? No, it's not a well-known person. David Tepper, who earned $7 billion in 2009, is the one.
It is Tepper's methodology that elevates the narrative from being interesting trivia to being practical. In 2008, when the real estate bubble burst and overdrawn banks appeared to be on the point of failing, he made a profitable investment in banking stocks. Because the banks were infamously bailed out, Tepper's investment had the fastest and one of the highest returns of any investment ever. It just goes to show that when it comes to the market, sometimes the hardest-against-the-flow play pays off the best.