My family
My parents founded Betel, a drug rehabilitation center, in the 1980s.
When I was seven years old, my family moved to San Blas, one of the poorest neighborhood in Madrid. It had the highest rate of heroin use and juvenile violence in Europe at the time. My parents tried to help the suffering people that surrounded them. With a young Australian man named Lindsay, they went out every week to the nearby Gypsy camp, the parks and the bars to meet junkies and invite them back to their small apartment. My three brothers and I took the junkies back to our rooms to play with our toys. They all had nicknames: Poison, Crazy, Tiger. They were pimps, bank robbers, drug dealers, and even murderers. They became my older brothers and sisters. The addicts did not know that they were HIV positive from sharing needles and that most would die.
My mother died in 2012, but my father still runs Betel. My parents worked tirelessly and didn’t give interviews or seek press attention for what they did, but if you want to read about them, you can read the memoir I wrote Shooting Up: A Memoir of Love, Loss and Addiction about my parents’ work. Today, Betel operates in over 20 countries and has almost 2,300 addicts in the center.
Here is a video interview with Jim O’Shaughnessy who is the publisher of Infinite Books, which published Shooting Up in the United States. It is probably the best interview I did about the book. I highly recommend it.
Here is a terrific podcast I did with Ted Seides on Capital Allocators. and a podcast with Stephen Clapham. The podcasts cover investing, but the interview also touches on education and how my parents had to home school us at one stage. I didn’t like learning at home at first, but I learned that I could teach myself anything if I had the books and the desire to learn.
My inspiration to learn was Santiago Ramón y Cajal, the first Spaniard to win a Nobel Prize in sciences. Whenever I visited my friends in the infectious diseases ward at Ramón y Cajal Hospital, I saw his quote in the entrance, “Every man can become the sculptor of his own mind if he sets himself the task.”
Tepper family before going to Spain 1983

Tepper family in 1991 right before Timothy died (front).

Teppers at Oxford graduation. We all graduated from Oxford the same day.


