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CEOs, Wall Street Titans Brace For Sustained Market Downturn: 'There's Too Much Confidence In The System'
Monday, April 7, 2025 - 6:33pm | 419President Donald Trump‘s reciprocal tariff announcement on April 2 shook financial markets as Wall Street and corporations braced for supply chain disruptions worldwide. Even as the market closes roughly even on Monday, some believe the worst is yet to come. Larry Fink’s Thoughts: Larry...
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Leon Cooperman Says He Likes Cash, Calls Trump's Deficit Cutting 'Contractionary'
Monday, March 3, 2025 - 6:07pm | 429Billionaire hedge fund manager Leon Cooperman says he’s taken a “conservative view” for his portfolio amid President Donald Trump‘s second term and a long-term high interest rate environment. Cooperman appeared on CNBC on Monday to discuss the macroeconomic environment...
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Billionaire Investor Leon Cooperman Says Tesla CEO Elon Musk Is A Genius 'But He's Overcompensated'
Wednesday, February 7, 2024 - 5:22am | 473The rescinding of Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk‘s 2018 compensation plan by the Delaware Chancery Court last week sparked controversy. Billionaire investor and hedge fund manager Leon Cooperman has now suggested that Musk might be receiving excessive compensation...
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Leon Cooperman Predicts Stock Market Downturn, Foresees Rise In Long-Term Rates: 'I Believe That One Should Have A Cautious View'
Wednesday, February 7, 2024 - 3:59am | 656Renowned investor Leon Cooperman has issued a warning about the stock market, citing the potential for a downturn. He also anticipates a rise in long-term interest rates. What Happened: Cooperman, the chair and CEO of the Omega Family Office, expressed his concerns about the stock market’s...
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Billionaire Hedge Funder Leon Cooperman Says Trump Belongs In Jail: 'Would Be Terrible For The Country' If He's Reelected
Tuesday, October 31, 2023 - 5:23pm | 552A famous hedge funder is speaking out with a warning to voters ahead of the 2024 election. Here's a look at what the billionaire is saying. What Happened: Billionaire Leon Cooperman is known for his takes on the stock market and as the chairman and CEO of hedge fund Omega Advisors. In a recent...
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Billionaire Calls Student Protests 'Antisemitic Burning Man,' Vows To Halt Donations To University Over Pro-Palestine Protests
Thursday, October 26, 2023 - 12:44pm | 545Multiple billionaire investors are calling out their alma maters over pro-Palestine protests on college campuses throughout the country. Leon Cooperman, a billionaire investor from New York, said he would no longer donate money to Columbia University unless he "sees a change,"...
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Legendary Investor Leon Cooperman Predicts S&P 500 Won't Hit A New High For Years: 'I Find Myself Somewhat Pessimistic At The Present Time'
Friday, October 20, 2023 - 9:09pm | 593Renowned billionaire investor Leon Cooperman recently expressed a bearish outlook on both the S&P 500 and the housing market. In an interview with Business Insider, Cooperman said he believes that the S&P 500 will not surpass its current record of about 4,800 points for some time...
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Billionaire Leon Cooperman Is Betting On These Oil Stocks: 'I Don't See How You Go Wrong'
Monday, April 3, 2023 - 2:13pm | 529Omega Advisors chairman and CEO Leon Cooperman believes we are in the midst of a stock picker's market, and he's placing his bets on oil. What To Know: Although Cooperman is cautious on the markets overall as a result of "economic mismanagement," he...
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Here's What Billionaire Investor Leon Cooperman Is Buying As He Anticipates A Recession In 2023
Saturday, December 31, 2022 - 10:52am | 575As 2022 comes to a close and investors look ahead to 2023, Omega Advisors chairman and CEO Leon Cooperman is remaining wary. "My cautious view is underpinned by the idea that I think the combination of Fed tightening, QT, strong dollar and the price of...
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Billionaire Investor Leon Cooperman Pledges $100M To Saint Barnabas Medical Center
Thursday, September 30, 2021 - 2:48pm | 354Omega Advisors chairman and CEO Leon Cooperman announced Thursday that his family will be donating $100 million to Saint Barnabas Medical Center in New Jersey. Cooperman opposes increased taxation of the rich, but not because it will impact his own fortune. Cooperman plans to...
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What Stocks Are Billionaire Investor Leon Cooperman Watching Right Now?
Thursday, September 9, 2021 - 11:26am | 431Leon Cooperman, chairman and CEO of Omega Advisors, reaffirmed his position as a "fully-invested bear" Thursday on CNBC's "Squawk Box." The cyclical conditions are not ripe for a significant decline and based on current interest rates, most companies are not overvalued,...
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Q2 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
Tuesday, August 17, 2021 - 12:50pm | 2252The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From 13F Season: Investors who follow particular fund managers can easily look up what each was...
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Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
Tuesday, May 18, 2021 - 12:35pm | 2282The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From 13F Season: Investors who follow particular fund managers can easily look up what each was...
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Leon Cooperman Says Elizabeth Warren's Wealth Tax 'Probably Is Not Legal'
Wednesday, March 3, 2021 - 5:05pm | 402Sen. Elizabeth Warren is proposing a wealth tax that would add a new tax on everyone with a net worth of more than $50 million, but she might face one major hurdle: "it probably is not legal," billionaire investor Leon Cooperman said on CNBC's "Squawk Box." What Happened:...
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Elizabeth Warren's Wealth Tax Proposal: What You Should Know
Wednesday, March 3, 2021 - 1:00pm | 695U.S. Sen. Elizabeth Warren is spearheading a Democratic wealth tax proposal this week that could potentially generate $3 trillion in tax revenue from the wealthiest Americans over a decade. The Numbers: Warren has proposed a 2% wealth tax on Americans who have at least $50 million in wealth....