10 Best Finance Stocks to Buy Right Now According to Leon Cooperman
Leon Cooperman, the Chairman and CEO of investment advisory firm Omega Advisors, is a titan of the hedge fund industry. The billionaire money manager rose from humble beginnings in the Bronx to become the leader of Goldman Sachs’ asset management division.
Cooperman retired in 1991 after 25 years with the company to launch his own hedge fund, the main fund of which generated annualized returns of 12.4% from inception through mid-2018, beating the S&P 500 by an average of about 2.9 percentage points annually during that period. Tired of chasing said S&P, Cooperman converted the fund into a family office at the end of 2018.