David tepper

Hedge fund manager David Tepper, who was the highest paid manager in 2009, thanks to his efforts with the lowest shares of the bank in 2009, charging the stocks.In an interview with CNBC this morning, Tepper said the supplies were ready to go up no matter what happens."Two things will happen. Either the economy is doing well and what assets are going well? Shares. Bonds is not going so well, the gold will not be as good." Whether the economy will not pick up and the Fed will come out of the QE (quantitative easing). And what are you doing well? "Tepper calls for a halt to the effect," Everything. stocks, bonds, short term, the gold.

"Tepper argued that the Fed indicated that inflation is really wanted, there was no way she could not go long equities. Tepper $ 12 - billion fund Appaloosa Management are more exposed to the bonds, but has shifted more money for the shares.That said: "As long as the Fed acts, stocks, unlike some of the negative, and that he created to limit his losses.Tepper bought bank stocks these lows in early 2009, to be or if the market is plagued by fear that the banks were nationalized. The fund manager said it was easy to call buying in financial stocks after the government gave the paper said that they were going to buy the Securities and prices at which Have themself. Nobody believed them, but Tepper was. "Sometimes it's just that easy," he said on CNBC.