Hedge Fund Legend Leon Cooperman Discusses David Einhorn's Trashing Of "Fracking" Companies

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May 04, 2015

David Einhorn (Trades, Portfolio) made big news today by calling out major fracking oil producer Pioneer Resources (ASX:PIO, Financial) at the Ira Sohn conference.

Leon Cooperman (Trades, Portfolio) has about a 10% weighting towards energy and he sees both oil and natural gas prices rising this year.

In the second video, Cooperman provides his view on current market valuations. He thinks that the stock market is fairly valued and that bonds are likely overvalued.