Hedge Fund Manager David Tepper littering his ATM receipt with a balance of nearly $100 million dollars. TFM.

  1. totally phratical

    No hedge fund manager would be stupid enough to have $100 million in a savings account. This is dumb

    14 years ago at 11:35 am
    1. totally phratical

      And he denies its his receipt… You fucking assclown. There’s no name on it, and I would think a hedge fund manager would be smart enough to not let his money depreciate in a bank like that. Plus why would he lie?

      14 years ago at 2:40 pm
    2. Bueller

      I agree with totally phratical. Anyone that actually made that much money and/or manages it would know that a savings account’s yield in this econony wouldn’t cover the risk premium associated with the threats of the nominal depriciation or decreases in real purchasing power of the currency, not to mention the opportunity costs. Enjoying the wealth that you’ve occumulated or were endowed with to its utmost is FaF. Turning wealth into greater wealth is a TFM. Pissing away the fruits of your forefathers’ labors is NF. Besides, the odds are it was just some stupid old broad who didn’t know any better; and to anyone that does want to glorify that: I hope you can find a nice slampiece to marry and have her manage your money for you, and I bet if you’re real good you can get a bigger allowance.

      14 years ago at 8:51 pm
  2. mashed brotatoes

    “Tepper, who is said to have a pair of replica brass testicles on his desk, has a history of making big wagers on unloved investments.”

    14 years ago at 11:41 am
    1. Frat or gtfo

      He has a more than 5 billion dollars fucktard. He only has $100 million in that one savings account.

      14 years ago at 12:44 pm
  3. totally phratical

    For a site with so much “old money” on it, you guys really have no concept of finance.

    14 years ago at 2:41 pm
  4. totally phratical

    By the way, there is a company out there that sells fake ATM receipts with huge balances like this. Now all you “old money frat stars” can get some, so you can go to the bar and write your number on some “random” piece of paper in your pocket, for a sorostitute. She’ll really be impressed when she she’s you have millions in the bank!

    14 years ago at 2:50 pm
  5. madrasmama

    He said he wasn’t in the Hamptons and it was probably his wife. Sounds about right to me. ;o)

    14 years ago at 7:14 pm