The Omega Advisors portfolio, led by the legendary Leon Cooperman
, shows a total of 74 stocks, 10 of them new, with a total value of $6.61 billion and a quarter-over-quarter turnover of 12%. Leon Cooperman
is the founder and chairman of Omega Advisors, a hedge fund with approximately $10 billion under management as of November 2013. Prior to starting his own firm in 1991, Cooperman was the CEO and chairman of Goldman Sachs Asset Management. Cooperman was a graduate of Columbia Business School. After working at Goldman Sachs for 25 years, Guru Cooperman founded Omega Advisors with $450 million in capital.
Cooperman rose to his illustrious career and a personal net worth of $3 billion, as of September 2013, from humble beginnings in the Bronx. In Cooperman’s defense of capitalists, he openly described his early “everyman” challenges in a letter to President Obama in 2011: Continue Reading »