Before becoming the owner of the NFL's Carolina Panthers and MLS's Charlotte FC, David Tepper made his name (and money) through Appaloosa Management, a global hedge fund he founded. 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.

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Source Fool.com