Leon Cooperman: People with Average IQ can Crush the Market

Leon Cooperman photo (CC BY-ND 2.0) Insider MonkeyLeon Cooperman photo (CC BY-ND 2.0) Insider Monkey

 

 Leon Cooperman: People with Average IQ can Crush the Market

“The market is very sick,” Cooperman says. That’s not necessarily bad news for Cooperman, 69, a blustery billionaire from the South Bronx who first made his name as a stock picker during 25 years as an analyst at Goldman Sachs Group Inc. (GS) “We have to take advantage,” he says. “What’s ridiculously priced now?”

“Stocks are the best house in the financial asset neighborhood,” Cooperman says, before adding a caveat: “It’s not clear whether it’s a good neighborhood or a bad neighborhood.”

“Ultimately, it’ll work,” Cooperman says of SLM. “Lots of kids have to borrow money; their parents have to cosign the loans. It’s a profitable business.”

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)






About the Author

Sydra Farooqui
Sydra is our content manager. She also is in charge of Search Engine Optimization of posts and pages. She is generally the person behind curtains who visualizes and implements the Social Media Strategy of the website. Sydra is one performance-driven, insightful individual, who is an important asset of our team. She holds a Bachelors of Business Administration from IU (Iqra University), one of the top universities.

Be the first to comment on "Leon Cooperman: People with Average IQ can Crush the Market"

Leave a comment