David Tepper is the founder of Appaloosa Management, a company that specializes in distressed companies. Before founding his company in 1993, he was a credit analyst at Goldman Sachs, where he soon became the head traderRead more
Great line from David Tepper's interview on CNBC talking about his awakened animal spirits.
"I am the animal at the head of the pack... I either get eaten, or I get the good grass."
Right now he's loving the Fed put -- basically the Fed's promise to intervene if the economy is weak -- so he's pretty bullish on stocks.
"I am the animal at the head of the pack... I either get eaten, or I get the good grass."
Right now he's loving the Fed put -- basically the Fed's promise to intervene if the economy is weak -- so he's pretty bullish on stocks.
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