Hedge fund legend Leon Cooperman (Trades, Portfolio) thinks sell-offs like the current one create opportunity.
He thinks a correction shouldn't be surprising as everyone was getting too optimistic about the stock market for 2014.
Cooperman thinks that the emerging market issue that has got the stock market worked up is not a major issue. Â The combined impact of these economies is not significant next to the developed world where economies are strong.
Cooperman thinks the market will be 8 to 10 percent in 2014.
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