Incidentally, we are not the first ones to make that argument: back in 2013, just around the time Ben Bernanke spooked the market with the first "Taper Tantrum", none other than hedge fund titan David Tepper made the same argument: Regarding Fed policy, Tepper said investors shouldn't fret about the central bank tapering its $85 billion monthly bond-buying program. In fact, he hopes the Fed starts pulling back on the stimulus sooner than later. "There better be a true [Fed] taper or else you might be back into the last half of 1999," Tepper said. "..."If the Fed doesn't taper back, we're going to get into this hyper-drive market. It's a backwards argument. To keep the markets going up at a steady pace the Fed has to taper back."