One Third of Billionaire David Tepper's Portfolio Is Made Up of These 3 Magnificent Seven Stocks [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
Tepper, whose net worth is around $20 billion, is one of the top 100 richest people in the world. Needless to say, he's had success in the investing world. Given Tepper's success, it makes sense that investors would look to his and his hedge fund's investments to gain tips. While the average investor and billionaire hedge fund managers don't have the same risk tolerance or investment goals, there's nothing wrong with looking to them for inspiration. Tepper's portfolio is fairly concentrated, with almost a third being held in three " Magnificent Seven " stocks. If investors want solid businesses with long-term sustainability, they need look no further. 1. Amazon Amazon (NASDAQ: AMZN) became a household name because of its e-commerce business , but it has since branched out and become a major player in a handful of industries. For a while, Amazon's e-commerce business was unprofitable and used mainly as a revenue generator. It's still Amazon's biggest revenue source, but it ha
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AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/14/24 - Form 8-K
- 5/14/24 - Form PX14A6G
- 5/13/24 - Form 4
- AMZN's page on the SEC website