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Tuesday, September 28, 2010

Tepper Interview Part II

Tepper seems to be a great trader and where to find opportunity through federal actions, but doesn't seem to address the fundamentals very well (as far as long term outlook). Dollar diving, Housing prices going down, unemployment going up and such. Sees the FED getting involved as a money making opportunity, as I see it the more the Fed gets involved with more money the poorer our nation is becoming as we are becoming more and more debt laden. He needs to have a better view of what is occurring in currencies, reserve status and other big issues on the forefront.  I think for a short term active trader, he is spot on.  Long term, he may find himself facing much bigger headwinds.

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