DAVID TEPPER MADE $7.5 BILLION IN A SINGLE YEAR BUYING THE BANKS EVERYONE ELSE WAS TOO SCARED TO TOUCH
Asked how he pulled it off, the obvious answer was some brilliant, complicated trade. He gave the opposite:
"It's easy. It was easy. The government told you what they were gonna do."
In early 2009 the Treasury published a white paper laying out that it would backstop the banks at set prices. Tepper's whole edge was believing it:
"Even the government has to be subject to the law. So they told me they were gonna buy Bank of America at a six handle. Nobody believed them. The market kept going down. We actually did."
He was buying the stock at two and three dollars while the government was set to come in at six. No leverage.
The paper was public. Every desk on the Street could read it. Almost none of them believed it enough to buy.
“Plasma Physics An Introduction to Laboratory, Space, and Fusion Plasmas” by Alexander Piel
This is a really solid introduction textbook to plasma physics, it covers everything from lab plasmas and fusion experiments to the solar wind and plasmas in space!
(I managed to source all 409 pages of it for free online for you too.😊)
Source ☢️: https://t.co/vE2U0akcsD
“Handbook of Mathematical Functions With Formulas, Graphs, and Mathematical Tables” Edited by
Milton Abramowitz and Irene A.Stegun
Old school and I found all 470 pages of it for you for free. 😊
Source ☢️: https://t.co/kfC24OoRN3
@whatever Once again delusional like a little children.
Maybe she should go buy another happy meal. She goes to McDonald’s often apparently.
https://t.co/N5boR9X7FR