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1 min read
Billionaire investor Leon Cooperman blasts the Reddit-trader revolution as 'baloney' - and says Warren, Sanders, and AOC shouldn't be deciding the market rules
"The last thing we need is Elizabeth Warren or Bernie Sanders or AOC getting involved in setting po…
Shalini Nagarajan
2 mins read
Billionaire Leon Cooperman says GameStop surge will 'end very badly for the public' and decries people 'attacking' the rich
Leon Cooperman defended short-sellers and decried attacks on the wealthy as he said the GameStop su…
Harry Robertson
2 mins read
Billionaire investor Leon Cooperman says long-term stock returns could be meager, and blames the Fed for 'creating an environment of free money'
"Who pays for the party when the party is over?" Cooperman said on CNBC Friday morning as a days-lo…
Emily Graffeo
2 mins read
Billionaire investor Leon Cooperman says he voted for Joe Biden based on his values, not his pocketbook
"I'll be richer tomorrow if Trump wins. I'll probably be poorer tomorrow if Biden wins, but I voted…
Shalini Nagarajan
2 mins read
The day-trading boom is a 'welcome phenomenon,' and has actually helped to reduce market volatility, a veteran Wall Street trader says
Larry Peruzzi, director of Mischler Financial Group, said markets are "less irregular trading dips…
Saloni Sardana
4 mins read
Warren Buffett has warned about the dangers of speculating for years. Day traders aren't listening.
"Speculation is most dangerous when it looks easiest," the famed investor cautioned after the dot-c…
Theron Mohamed
2 mins read
'It's been tough for us': Day traders are trouble for investors, $100 billion hedge-fund titan says
"It's hard to play poker with someone you haven't seen before," Man Group CEO Luke Ellis said on We…
Theron Mohamed
2 mins read
'It's not healthy to have people who are buying stocks for fun': Billionaire investor Howard Marks says the day-trading boom reminds him of the dot-com bubble
"If stocks are being held by people who believe that they only go up, I think that bodes ill," the …
Theron Mohamed
3 mins read
'They are just doing stupid things': Billionaire investor Leon Cooperman says the rise of Robinhood traders will 'end in tears'
The "Robinhood markets are going to end in tears," Cooperman said on the CNBC's "Halftime Report" o…
Saloni Sardana
1 min read
Billionaire Leon Cooperman says the coronavirus selloff is a 'healthy' correction for the market 'even though I've lost a ton of money'
The selloff - which, in the Dow, is staggering on a points basis because the index has ballooned in…
Gwen Everett
1 min read
OMEGA: 'It is time for the US equity market to rest'
"Notwithstanding our expectation that the in-place U.S. equity bull market should persist, for the …
Rachael Levy
3 mins read
LEON COOPERMAN'S OMEGA: 2017 is the year for stock pickers
Omega isn't the first to point out the potential for stock pickers this year, with many others expe…
Rachael Levy
2 mins read
COOPERMAN'S OMEGA: 'There is a sizable risk' to the stock market
"With the failure of the White House and Republican Congress to repeal and place the ACA, there is …
Rachael Levy
2 mins read
Leon Cooperman says he'll back Mike Bloomberg's presidential bid amid ongoing feud with Elizabeth Warren
Cooperman, the famous founder of Omega Advisors, is hot off a back-and-forth feud with Senator Eliz…
Ben Winck
3 mins read
Billionaire Leon Cooperman has his own special definition of value investing. Here are 3 massive positions he has in stocks that 'nobody would identify as a value situation.'
Although he no longer manages money for others, Cooperman will go down in history as one of the gre…
Christopher Competiello
2 mins read
Billionaire Leon Cooperman warns Elizabeth Warren is 'taking the country down a very wrong path'
The famous founder of Omega Advisors has repeatedly called out Warren's proposal for taxing the wea…
Daniel Strauss
1 min read
Billionaire Leon Cooperman says Elizabeth Warren is 's---ing' on the American Dream
Warren's proposal includes a 2% tax on families with a net worth of $50 million to $1 billion and a…
Daniel Strauss
2 mins read
OMEGA: 'Investors should likely have their cake and eat it too in 2017'
"If our S&P 500 [earnings per share] and bond rate discussions is correct, investors should lik…
Rachael Levy
2 mins read
OMEGA: 'The in-place equity bull market should last a long time'
"Shorting the short end of our yield curve, though this could be (has been) a tough trade given the…
Rachael Levy
3 mins read
India’s luxury brand market to be driven by tier 2, 3 cities: Report
The key Indian cities which contribute to the rising luxury and premium goods consumption are Ahmed…