David Tepper was on Bloomberg today. He shared his thoughts on the market, which he believes is not in a bubble and has room to run. He also talked about why he sold Apple. He then goes on to talk about why he went long airlines and why he has done well with them. He discloses they are up 40%+ gross in 2013. He also disclosed they recently put on a treasury short to protect against a pull back in the equity markets. He also talked about why they were long JCP and viewed it as a good trade (they are no longer in this position).
Really great interview - well worth listening to.
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