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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.
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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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