David Tepper: My Current Top Holdings

Citigroup

Bank Of America

Wells Fargo

Pfizer

Hewlett Packard

Fifth Third Bancorp

Cisco Systems

Goodyear

Micron Tech

Microsoft

International Paper

David Tepper: No Depression, No Deflation, No Hyperinflation

"I got a little story for you. In 1898, the first international urban-planning conference convened in New York. It was abandoned after three days because none of the delegates could see any solution to the growing crisis caused by urban horses and their output. In the Times of London, one reporter estimated that in 50 years, every street in London would be buried under nine feet of manure.

I know, everyone hates the financials, but the PIIGS --[Portugal, Ireland, Italy, Greece, and Spain] every single one has a deficit-reduction plan! The ECB—the Bundesbank—bought back government bonds! Holy Christ. It’s like the chastity belt is off, and the girl is starting to play.

On the way to work this morning, I got a headache because I was listening to one guy talking about how there’s gonna be hyperinflation. And then after him there was some guy telling me there’s going to be a depression and deflation. Neither is most likely going to happen.

The point is, markets adapt, people adapt. Don’t listen to all the crap out there.”

David Tepper

David Tepper Bought Goodyear Tire & Rubber (GT)

"In a 13G filed after the close, David Tepper's Appaloosa Management hedge fund disclosed a 6.1%, or 14,836,002 share, stake in the company."

cnbc

David Tepper: It's Time To Be Bullish On Equities

"The economy is better now, there's no doubt about that.  The economic prospects are not fully reflected in the markets.  The PE for the S&P is relatively low.

The prospects look good for semiconductors (like Micron).  Gold is tough right now."

David Tepper

Which Super Investors Are Bullish On The Market For 2011?

Based on previous posts on this blog, it appears George Soros, John Paulson, Bruce Berkowitz, David Tepper and Marc Faber are pretty much all bullish (while some are cautiously bullish). Each has his own reasons for being bullish. Some are bullish on the economy while others are bullish because of inflation.

It's very hard to bet against these guys and expect to win.

David Tepper Positive On The Market And Economy

"It's not a free ride in the market. We are at a higher level, but pretty darn good. So you can't be too negative but you can't be uncautious.

So much uncertainty has been alleviated. The economy is so much better now."

David Tepper, who manages a $13 billion fund