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.
Markets

‘The market is ahead of the fundamentals’: Billionaire investor Leon Cooperman says stocks are overvalued, especially considering the huge increase in debt

Billionaire investor Leon Cooperman told CNN in a Monday interview that the stock market is overvalued, and that he’s worried about the huge increase in national debt. “The China relationship deteriorating, the tremendous increase in debt in the system, certainly from the election, the virus issues,” are risks that could […]
‘The market is ahead of the fundamentals’: Billionaire investor Leon Cooperman says stocks are overvalued, especially considering the huge increase in debt
Markets

Amateur investors speculating on stocks have pushed markets skywards, but angered some of investing’s biggest names. Here’s what they have to say about the day-trading boom.

Stocks have rallied sharply in recent months, thanks in part to a boom in day-traders, who invest in the markets for fun, rather than professionally. Dave Portnoy, founder of Barstool sports turned investor has become the poster-child of day-trading which has helped markets skyrocket, and fuel fears of an inflating […]
Amateur investors speculating on stocks have pushed markets skywards, but angered some of investing’s biggest names. Here’s what they have to say about the day-trading boom.
Markets

Billionaire investor Leon Cooperman outlined 11 reasons why he’s concerned about coronavirus’ long-term impacts

Hedge-fund billionaire Leon Cooperman detailed 11 reasons why he’s worried about the long-term effects of the coronavirus pandemic. Cooperman is concerned about tougher regulations, tax hikes, soaring government debt, and a sluggish recovery in demand, he said in an email shared with Business Insider. The investor also flagged Warren Buffett’s […]
Billionaire investor Leon Cooperman outlined 11 reasons why he’s concerned about coronavirus’ long-term impacts
Strategy

7 business and political leaders calling for a reimagined economy following the coronavirus pandemic

The coronavirus pandemic is plunging the global economy into recession. Business school professors, governors, billionaire investors, even heads of state have argued that reinvigorating the economy calls for reimagining how capitalism works. Thought leaders like billionaire entrepreneur Mark Cuban and French President Emmanuel Macron have come forward with ideas on […]
7 business and political leaders calling for a reimagined economy following the coronavirus pandemic
News

Billionaire investor Leon Cooperman ramps up his criticism of Bernie Sanders, calling him a ‘bigger threat’ to the stock market than coronavirus

Billionaire investor Leon Cooperman ripped into Sanders, saying he was “a bigger threat” to the stock market compared to the coronavirus, which has killed over 1,875 people in China. Cooperman also called the Vermont senator a communist. It’s not the first time he weighed in on the volatile Democratic primary, […]
Billionaire investor Leon Cooperman ramps up his criticism of Bernie Sanders, calling him a ‘bigger threat’ to the stock market than coronavirus
Markets

Wall Street billionaires have been attacking Elizabeth Warren. Here’s a roundup of the finance titans who have called out the senator in recent weeks.

From Wall Street CEOs to hedge fund billionaires, titans of the finance industry have been calling out Democratic presidential candidate Elizabeth Warren. Warren’s critics have mostly taken issue with her wealth tax policy and regulatory proposals. Here’s a list of what Wall Street big shots have said, from calling out […]
Wall Street billionaires have been attacking Elizabeth Warren. Here’s a roundup of the finance titans who have called out the senator in recent weeks.
Markets

Pick your poison: Hedge fund billionaire Leon Cooperman says the stock market could plunge 25% under either a Warren or Sanders presidency

Hedge fund billionaire Leon Cooperman told CNBC on Wednesday that the stock market could tumble as much as 25% if either Elizabeth Warren or Bernie Sanders wins the 2020 presidential election. The founder of Omega Advisors cited proposals from both candidates designed to tax wealthy individuals and billionaires. “You don’t […]
Pick your poison: Hedge fund billionaire Leon Cooperman says the stock market could plunge 25% under either a Warren or Sanders presidency
Markets

15 Life Lessons From Top Hedge Fund Managers

[credit provider=”Julia La Roche for Business Insider”] The hedge fund industry is full of some of the brightest people in the world who are immensely successful in trading and investing. While they can definitely offer some valuable advice about investing, they are also full of bits of wisdom about life in […]
15 Life Lessons From Top Hedge Fund Managers
Markets

Here Are All The Hedge Funds That Are Completely Getting Out Of Apple

[credit provider=”brankomaster / Flickr” url=”http://www.flickr.com/photos/brankomaster/3366153318/”] A number of hedge funds have completely vacated Apple in the fourth quarter, according to 13Fs filed with the Securities and Exchange Commission.This is significant because the tech giant’s stock is normally a hedge fund favourite.
Here Are All The Hedge Funds That Are Completely Getting Out Of Apple
Markets

Leon Cooperman Sold All His Apple Stock And Bought A Bunch Of Facebook

[credit provider=”YouTube screengrab” url=”http://www.youtube.com/watch?feature=player_embedded&v=Fd9YqfBsIeg”] Billionaire hedge fund manager Leon Cooperman, who runs Omega Advisors, just filed his 13F for the fourth-quarter ended 12/31/2012. Cooperman disclosed a new stake in Facebook.  The hedge fund manager bought 3,161,300 shares in the fourth quarter, the filing shows. 
Leon Cooperman Sold All His Apple Stock And Bought A Bunch Of Facebook
Markets

Leon Cooperman Gave Students A Tremendous Presentation On Life, Hedge Funds And The Outlook For Markets

[credit provider=”YouTube screengrab” url=”http://www.youtube.com/watch?feature=player_embedded&v=Fd9YqfBsIeg”] Hedge fund heavyweight Leon Cooperman, the founder of Omega Advisors, recently spoke at Roger Williams University’s Mario J. Gabelli School of Business about his philosophy on life and hedge funds and investing. In case you’re not familiar with his backstory, Cooperman, who is now worth an estimated $2.2 billion, grew up poor in the South […]
Leon Cooperman Gave Students A Tremendous Presentation On Life, Hedge Funds And The Outlook For Markets
Markets

LEON COOPERMAN: Here’s Why I Said I Would Never Be Caught Dead Owning A Government Bond

[credit provider=”CNBC”] Billionaire hedge fund manager Leon Cooperman, who runs $6.6 billion Omega Advisors, gave a presentation to some students at Roger Williams University’s Mario J. Gabelli School of Business. During his talk about life, hedge funds and investing, Cooperman said maintained that stocks are the best place to be “in the financial asset neighbourhood.”  
LEON COOPERMAN: Here’s Why I Said I Would Never Be Caught Dead Owning A Government Bond
News

NEWT GINGRICH CAMPAIGN: Mitt Romney Is Killing Democracy

[credit provider=”Wikimedia Commons”] Trailing in most state and national polls, Newt Gingrich is now resorting to melodrama to try and stop Mitt Romney. Two top campaign advisors have penned a letter to newspaper editorial boards in upcoming states, warning that Mitt Romney’s presidential campaign could destroy American politics.
NEWT GINGRICH CAMPAIGN: Mitt Romney Is Killing Democracy
Markets

These 22 Wall Street Titans Have Visited President Obama’s White House

[credit provider=”AP”] There’s this idea that Wall Streeters and officials at Obama’s White House are somehow at odds.But that’s mostly just a fantasy, and confined to the world of rhetoric. In fact there’s plenty of back and forth, with Wall Street well represented throughout the current administration.
These 22 Wall Street Titans Have Visited President Obama’s White House
Markets

10 Fabulous Rags To Riches Stories On Wall Street

[credit provider=”Business Insider”] If you’ve been watching the disgraced former MF Global chief Jon Corzine’s testimony to Congress today, you probably wouldn’t want to be in his place.The multi-millionaire was basically on top of the world having served as chief executive of Goldman Sachs, New Jersey Governor and a U.S. […]
10 Fabulous Rags To Riches Stories On Wall Street
Markets

LEON COOPERMAN: Here’s 9 Ways To Fix The US Economy

[credit provider=”Lisa Du, Business Insider”] By now, nearly everyone has seen the scathing letter investor Leon Cooperman sent to President Barack Obama earlier this week.Cooperman, who’s the founder of Omega Advisors, is well-known for his rags-to-riches, “American dream”-esque life story. His dad was a plumber in South Bronx, and he […]
LEON COOPERMAN: Here’s 9 Ways To Fix The US Economy