Markets

Billionaire investor Leon Cooperman blasts the Reddit-trader revolution as ‘baloney’ — and says Warren, Sanders, and AOC shouldn’t be deciding the market rules

Billionaire Leon Cooperman said the idea of Reddit traders targeting the wealthy is “all baloney.” The investor said market ethics have been weakening for a long time and the rules need to be followed. “The last thing we need is Elizabeth Warren or Bernie Sanders or AOC getting involved in […]
Billionaire investor Leon Cooperman blasts the Reddit-trader revolution as ‘baloney’ — and says Warren, Sanders, and AOC shouldn’t be deciding the market rules
Markets

Billionaire investor Leon Cooperman says long-term stock returns could be meager, and blames the Fed for ‘creating an environment of free money’

Billionaire investor Leon Cooperman told CNBC on Friday that future stock returns could average “very little.” He’s also concerned about long-term consequences of the Federal Reserve’s actions. “The Fed is just creating this environment of free money. You have to kind of make a judgement whether that’s justified, how long […]
Billionaire investor Leon Cooperman says long-term stock returns could be meager, and blames the Fed for ‘creating an environment of free money’
Markets

Billionaire investor Leon Cooperman praised tech stocks, criticised Trump, and disclosed his first gold bet in a new interview. Here are the best 12 quotes.

Leon Cooperman sounded the alarm on the ballooning federal deficit and downplayed the medium-term prospects for US stocks in a RealVision interview released this week. The billionaire boss of Omega Advisors also praised “big tech” stocks, called out Tesla CEO Elon Musk, criticised both Republicans and Democrats, and revealed that […]
Billionaire investor Leon Cooperman praised tech stocks, criticised Trump, and disclosed his first gold bet in a new interview. Here are the best 12 quotes.