Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.Leon Cooperman, Chairman & CEO of Omega Advisors, says he is very alarmed at the direction President Obama is taking the country. Click here for the open letter he wrote to Obama.
Insider Monkey submits:
Leon Cooperman worked at Goldman Sachs (GS) for twenty five years and he was formerly Chairman and CEO of Goldman Sachs Asset Management. Currently
Leon Cooperman is the chairman of Omega Advisors
where he is managing 6 billion dollars.
By Insider Monkey: Leon Cooperman has one of the older hedge funds around. He founded his Omega Advisors in 1991, after spending 25 years at Goldman Sachs. Cooperman's career at Goldman Sachs was impressive. He worked his way up the corporate ladder from conducting investment research in the company's asset management arm to becoming the general partner, chairman and CEO of Goldman Sachs Asset Management.
Value investor Leon Cooperman, the founder of Omega Advisors, gave his favorite stock picks at the CNBC/Institutional Investor Delivering Alpha conference. Cooperman has been presenting at the conference for three years now. This year, he's not so optimistic. "I'm not as optimistic about my list year as the market is fully valued," he said, adding it had to do with his "view of the market."
By Insider Monkey:
Omega Advisors was founded in 1991 and Leon Cooperman is the billionaire Chairman and CEO. Omega Advisors invests in value stocks with a top down approach to select the sectors with a long/short fundamental analysis, and with a bottom up approach to create portfolios. Cooperman has more than $5 billion in assets under management.
Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.Renowned hedge fund manager Leon Cooperman thinks the S&P 500 Index could climb to the 1,425 level by year-end, trader Pete Najarian said on Thursday. Energy and technology stocks will likely propel the index to that level, Cooperman told Najarian off-camera.