Top 20 quotes from David Tepper

Top 20 quotes from David Tepper

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ABOUT DAVID TEPPER

David Tepper is known as the founder of Appaloosa

Management but he is best known as a hedge fund

manager who currently actively involved

in philanthropic activities. Appaloosa Management

specializes on distressed debt and companies. He has a net worth of $10.4 billion as of April 2015, according to Forbes.

Source: http://www.therichest.com/

David Tepper

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This company looks cheap, that company

looks cheap, but the overall economy could

completely screw it up. The key is to wait.

Sometimes the hardest thing to do is to do

nothing.

David Tepper

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I loved baseball. I lived and died for Roberto

Clemente. I knew every player in the major

league. You could pull a player’s card, and I

could tell you the statistics.

David Tepper

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It’s our contention that equity may be in the

money, depending on where the liabilities lie.”

David Tepper

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GM will do what’s best for GM, and Delphi

should do what’s good for them.

David Tepper

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economy would improve and drive a rally, or

the economy would drop and the Fed would

undertake another round of easing.

David Tepper

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But there is no logic to QE3 now and the only

result might be more food and energy

inflation.

David Tepper

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Basically if I know that things were coming, if I

got the right things out of Europe, I would

invest in different things there,” he said. “I’d

really invest more in Spain, but I’ve got to have

the right things because if I don’t I’m going to

get killed.

David Tepper

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For better or worse we’re a herd leader. We’re

at the front of the pack, we are one of the first

movers. First movers are interesting, you get to

the good grass first, or sometimes the lion eats

you.

David Tepper

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We keep our cool when others don’t. The point

is, markets adapt. People adapt. Don’t listen to

all the crap out there.

David Tepper

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We don’t really buy high-flyers. We buy before

they get high-flyers.

David Tepper

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It’s nice when you can buy cash, when it’s

cheaper than cash.

David Tepper

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You’re trying to figure out that inflection point.

David Tepper

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Our biggest mistake was not realizing how

illiquid markets could get so quickly.

David Tepper

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I’m rubbing your balls for good luck!

David Tepper

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The media says that hedge funds are the new

masters of the universe… We’re just a bunch of

schmucks.

David Tepper

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I have too much money to quit.

David Tepper

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The more I make, the more I’ll give away.

David Tepper

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We bet on the country’s revival.

David Tepper

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Those who keep their heads while others are

panicking do well.

David Tepper

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I’m the animal at the head of the pack. I

generally am.

David Tepper

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