The Minutes of David Tepper on positioning https://minutesof.com/david-tepper/on/positioning/ Everything David Tepper has said on positioning: 9 verbatim quotes between March 2017 and September 2025, each with a timestamp and a link to the… en Sun, 30 Aug 2026 16:22:30 +0000 Tepper says one or two more rate cuts won't be too easy, but beyond that risks repeating the 2000-2001 crash. https://minutesof.com/q/c1179fba-4e66-4b11-8d34-152c46ef7ff9/ https://minutesof.com/q/c1179fba-4e66-4b11-8d34-152c46ef7ff9/ “I don't think another ease matters, you know, as far as being too easy. This is gonna be a little bit restrictive.” — CNBC Television Thu, 18 Sep 2025 13:39:12 +0000 positioning Tepper calls 25% or 50% tariffs destructive, drawing a line above 10% levels. https://minutesof.com/q/411063b5-256e-4121-8b1a-ca67ceaf5cf6/ https://minutesof.com/q/411063b5-256e-4121-8b1a-ca67ceaf5cf6/ “I don't love the the 25% or the 50% tariffs. I think they're a little bit destructive.” — CNBC Television Thu, 18 Sep 2025 13:39:12 +0000 positioning Tepper believes stock market may have hit its yearly high due to interest rates around 3%. https://minutesof.com/q/05e3e728-8ed3-445f-bf17-5521e85ca9b4/ https://minutesof.com/q/05e3e728-8ed3-445f-bf17-5521e85ca9b4/ “And it really has to do with interest rates. I'm not sure we're right on the cusp of breaking out on interest rates at this level, around 3%.” — B.E.S.T. Sun, 06 May 2018 00:11:47 +0000 positioning Tepper sees nothing negative for small businesses with deregulation and tax cuts ahead. https://minutesof.com/q/17cb36c3-dbaa-4131-b502-083b90d9de27/ https://minutesof.com/q/17cb36c3-dbaa-4131-b502-083b90d9de27/ “If you're a small business, you there's nothing negative on the horizon. Nothing. What's negative? They're gonna give you less regulations for Obamacare. They're gonna give you a tax cut.” — CNBC Wed, 08 Mar 2017 14:54:29 +0000 positioning Tepper projects long-run growth could be 0.25-0.5% higher with deregulation, 3.5% in 2017-18. https://minutesof.com/q/9f97d492-6442-4baf-bf65-ae05a69042a4/ https://minutesof.com/q/9f97d492-6442-4baf-bf65-ae05a69042a4/ “I'm saying I think the long run with in a deregulatory could be a quarter half point higher.” — CNBC Wed, 08 Mar 2017 14:54:29 +0000 positioning Tepper says the Fed's 1% real rate target is dead wrong if tax cuts happen and French election goes well. https://minutesof.com/q/04c05440-5395-4483-a483-d9887cc1c26e/ https://minutesof.com/q/04c05440-5395-4483-a483-d9887cc1c26e/ “It's not wrong if there's no tax cuts necessarily. Certainly, if the French election goes the wrong way, not wrong. Not wrong. But it's gonna be dead freaking wrong.” — CNBC Wed, 08 Mar 2017 14:54:29 +0000 positioning Tepper warns markets must prepare for Fed hikes in June, September, December and possibly more. https://minutesof.com/q/6189f751-8749-45d7-9b65-31972b90d57c/ https://minutesof.com/q/6189f751-8749-45d7-9b65-31972b90d57c/ “You're gonna bet against these tax things. You're gonna bet against the French election. You better be you better be ready, and the market has to get ready for June increase Yeah.” — CNBC Wed, 08 Mar 2017 14:54:29 +0000 positioning Tepper says three more hikes this year is more likely than two, questions if fourth should be priced. https://minutesof.com/q/e8cbd0a1-8d8e-4dac-be1c-09f8920902fb/ https://minutesof.com/q/e8cbd0a1-8d8e-4dac-be1c-09f8920902fb/ “So I'm sure that the Fed funds odds are going up as we're speaking, and there's a better chance that they'll go three times more this year than two times more this year.” — CNBC Wed, 08 Mar 2017 14:54:29 +0000 positioning Some days I say it's really cheap. I should buy more. And some days I don't know why the heck I look at https://minutesof.com/q/1c2d05ba-239f-4e5c-97c6-9ced16def301/ https://minutesof.com/q/1c2d05ba-239f-4e5c-97c6-9ced16def301/ “Some days I say it's really cheap. I should buy more. And some days I don't know why the heck I look at” — CNBC Wed, 08 Mar 2017 14:49:52 +0000 positioning