In a rare interview, David Tepper, hedge fund manager and president & founder of Appaloosa Management spoke his heart out on CNBC. Tepper is the billionaire who runs the $12.4B fund bringing cheer and joy to numerous people who have faith in his institution. Tepper explains what drove him to buy stocks at the depths in 2009 and why he remains very bullish about the stock market.
Tepper says there are only two posibilities at this point in the economy game:
either the economy improves and stocks rise
OR the economy will decline and the Fed will induce a rally in stocks.
For the full interview clipping visit : cnbc.com