Thursday, May 15, 2014

Hedge fund mogul Tepper warns: Don't be too long U.S. stocks: Thomson Reuters Business News - MSN Money

Hedge fund mogul Tepper warns: Don't be too long U.S. stocks: Thomson Reuters Business News - MSN Money



This is a great article about how David Tepper is cautious about stocks now.  He did not say to short the market, but that we should not be too long on stocks.  I respect Tepper's opinions very much.  I recall when we were coming off the bottom of the 2009 stock market, perhaps in 2010 or 2011, that David was a big believer in stocks during a period of high volatility, and he was exactly right in his buying stance back then.  I believe he is correct now also that we should be cautious about stocks because the market is struggling too much to go higher.

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