Replies to post #3235 on Dime Bancorp Inc (fka DIMEQ)

[mrholty]

Thanks.

I've long admired these guys. They've done something like 30%/year for over 10 years. Small, simple office in suburban NJ. David Tepper is the head guy who I heard talk when I lived out there. Sometimes you hear somebody who just gets it imo.

He stressed simple things. He wanted binary events not stuff that required two or things to happen to get paid. I don't think its that simple but I came away impressed. Compared to a similar talk from one other hedgie and one guy from a big Wall Street firm who I felt they didn't understand their book, yet they thought they were smarter than you.