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DAVID TEPPER: 'This Country Is On The Verge Of An Explosion Of Greatness'
TBI ^
| 1-22-2013
| Julia La Roche
Posted on 01/22/2013 10:47:32 AM PST by blam
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To: Wyatt's Torch
$1 Quadrillion in OTC Derivatives is beginning to detonate (see JP Morgan).
This catastrophe in the making will take your IRA, 401K, and Pension from you.
It will increase the cost of your basic neccessities (gas, food, shelter) exponentially over the next couple years.
The bond market has about a month or so? May a couple more at the most?
The left sees this as a good thing. Think about that a minute. World economic destruction, and they're celebrating it?
To: blam
It’s going to explode all right, but not what Tepper thinks.
22
posted on
01/22/2013 11:28:38 AM PST
by
Biggirl
("Jesus talked to us as individuals"-Jim Vicevich/Thanks JimV!)
To: blam
Has he been spending his time in the pot clubs in Colorado??
To: concerned about politics
What derivatives (specifically) and where at JPM? Who is the counterparty?
24
posted on
01/22/2013 11:31:35 AM PST
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: seenenuf
If you were able to make a billion a year on distressed debt, you might be an optimist on this economy as well.
To: 9YearLurker
He’s about 60% long equities in his funds too.
26
posted on
01/22/2013 11:38:54 AM PST
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: blam
This reads like one of those articles they inevitably have on “American Greed” that was written about many of the scammers.
27
posted on
01/22/2013 11:39:59 AM PST
by
CSM
(Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
To: blam
This country is on the verge of a civil war, you idiot, and it will be caused by Barry Obama and his Donkey Party.
To: Wyatt's Torch
He’s largely in financial stocks—which are another form of distressed debt holdings.
To: blam
pump and dump shyster. Look around you at the cultural, political, economical and finacial trends in the country. explosion indeed
30
posted on
01/22/2013 11:51:49 AM PST
by
paul51
(11 September 2001 - Never forget)
To: Venturer
He is right about one thing. The country is on the verge of an explosion. Roger that.
31
posted on
01/22/2013 11:56:21 AM PST
by
Mark17
(California, where English is a foreign language)
To: 9YearLurker
Last 13F top 10:
QQQ - 11%
AAPL - 9.65%
C - 8.3%
AIG - 6.73%
UAL - 4.76%
GTPP - 4.34
GOOG - 3.66
QCOM - 3.58%
LCC - 3.54%
GM - 3.37%
JPM is 14th at 2.41% which makes “financials” 17.4% of the portfolio. The majority of the top 10 is Tech stock with QQQ, AAPL, GOOG, QCOM making up 24.31% (BRCM and ORCL are in top 20), Airlines, Car Manufacturers (F is 13th) and housing (OC, MAS, WHR, MWA) make up the bulk of the rest.
32
posted on
01/22/2013 11:59:55 AM PST
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: paul51
“pump and dump shyster”
So that’s why the majority of his funds holdings he has for 3+ years?
33
posted on
01/22/2013 12:00:57 PM PST
by
Wyatt's Torch
(I can explain it to you. I can't understand it for you.)
To: Huskrrrr
These guys are the casino managers encouraging everyone to go all in because the house is paying out big tonight,
then they shut off the lights leaving you with a bunch of worthless plastic chips.
34
posted on
01/22/2013 12:02:35 PM PST
by
MrB
(The difference between a Humanist and a Satanist - the latter admits whom he's working for)
To: MrB
35
posted on
01/22/2013 12:09:53 PM PST
by
Huskrrrr
To: blam
If by on verge he means in four years when this apologist, socialist, America hater is out of office and we hopefully have a Conservative, America loving patriot at it’s helm, then I agree.
36
posted on
01/22/2013 12:16:43 PM PST
by
Mastador1
(I'll take a bad dog over a good politician any day!)
To: blam
Actually, Al Qeada is about to explode all over the world. And while you are watching your assets literally exploding, thank Emperor Zero who made Osama Bin Laden into one of the greatest Islamic martyrs, just so he could buy a reelection.
To: Venturer
“He is right about one thing. The country is on the verge of an explosion”
You beat me to it.
This guy is on crack.
38
posted on
01/22/2013 12:31:45 PM PST
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
To: Wyatt's Torch
that’s right. the fundamentals are very sound and he’s locked in.
39
posted on
01/22/2013 12:40:03 PM PST
by
paul51
(11 September 2001 - Never forget)
To: Wyatt's Torch
I stand corrected. I was familiar with his Citi and AIG holdings.
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