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Despite “Disappointing” Performance, Omega’s Cooperman Still Likes Stocks

Leon Cooperman makes the case for equities, despite his firm’s lackluster numbers this year, in his firm’s latest letter to investors.

Leon Cooperman, Omega Advisors (Bloomberg)Omega Advisors founder Leon Cooperman is having a rough year so far. However, the ex-Goldman Sachs partner is still bullish on stocks. In his third-quarter letter to clients, dated October 27, Cooperman concedes that the firm’s 2.5 percent loss in the third quarter and 2.1 percent gain

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