Longs & Shorts

Appaloosa’s on the Run Again; Attention Kmart Shareholders; Andrew Lo’s Bright Idea; Sound Off: Lanny Davis and Carlo Cannell on Short-Selling; and much more

Appaloosa’s on the Run Again

David Tepper is running wild. And for his investors, that’s great news after one helluva volatile ride.

Through May, Tepper, who manages the Appaloosa and Palomino funds, was up an eye-popping 62.7 percent, easily placing his firm, Appaloosa Management, among the top-performing hedge companies.

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