David Tepper, whose firm Appaloosa Management has $20 billion under management, discussed at length what's next for the stock market with CNBC Friday morning.
The hedge fund legend, whose bullish comments five years ago helped spark the so-called "Tepper Rally" in the stock market, said what he thought the "magic formula" would be for reigniting the bull market before the end of the year. He also discussed what your portfolio should look like as the Fed raises rates.
Can't see the video? Here's how to become a CNBC Pro subscriber.