iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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David Tepper Reveals He’s Short Bonds, Long Stocks, in Pedantic CNBC Interview

Gazillionaire from the Short Hills shopping mall got real kitschy this morning in an absurd CNBC interview (I’ll get the vid up later), revealing that he’s short bonds (hey oh, fughetiboutit) and long stocks (fargin’ A-hole, mamma mia).

Amongst the things he sees happening, he thinks the Trump admin will be soft on trade with China, ‘watered down’ immigration stance, and Le Pen loss in France (that chick don’t gots the motts). It’s worth mentioning, he’s long European equities too — because ‘dos valuations are cheap, ya know wud I mean?’


‘Any of yoos see my bank receipt? I’ve seem to have misplaced it, know what I mean?’

In what appeared to be a Tony Soprano impersonation, regular guy David, worth $10 billion, tried his best to talk to the little people like they’re used to be spoken to, with cute play on words, near curses, and idiotic syntax.

He was critical of Draghi’s incessant bearish tone and didn’t know why $TEVA was on his books on certain days, given its underperformance. Overall, he’s just a happy fucking guy playing with the stock markets — regular Joeing it for the rest of us out here.

For lunch, I’m sure David will be grabbing a bagel filled with tuna fish out of his hard case construction worker lunch box today — washed down with a fucking NYC deli cup of joe. You know, like all regular guys out here.

Fuck off.

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9 comments

  1. firehorsecaper

    Tepper’s assessment is not wrong. The Fed needs to regain some long lost cred, front end 2017 hikes. It will not kill the mkt and will actually help the financials. LePen is almost out of ink. The prospects of her winning was the only real headwind for intl equities through May when many will trot out “sell in May and go away”. If we are up double digits by then (i.e. >10% S&P) many will, incl. me.

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  2. infinitezuul

    A+ depiction of this two-faced idiot.

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  3. traderconfessions
    traderconfessions

    I listened to the interview and punched my radio several times, imagining it was his fat face. Interestingly, I have an account at the same bank as the pictured ATM receipt but unfortunately, my balance is several digits shorter. Just another summer-time billionaire. Place is infested with them.

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  4. dragun

    He pays ATM fees?!? .. needs to get a better banker

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  5. JakeGint

    He said “frickin'” at one point (I was listening on the radio on the way in). And then axed (sic) if that was “okay?”

    Phunny.

    _________________

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  6. ironturd

    It’d be so much more palatable if he used phrases like “Board the ark” and “Exodus free trials”

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  7. firehorsecaper

    Once our basic needs are met we covet a higher class of goods. Watch, car, house, wife …. it never ends. He is not alone. Perhaps not happier at each trade up, but he has executed like a true alpha predator (Hamptons pad exhibit A).

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