Billionaire Leon Cooperman Shares Value Investing Wisdom And 2023 Stock Picks

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Billionaire investor Leon Cooperman expects a fourfold return on his favorite investment this year.

Leon Cooperman made a multibillion-dollar fortune as a hedge fund manager betting on undervalued stocks.As a child of immigrants and a first-generation college graduate from the Bronx, Leon Cooperman made a fortune building Goldman Sachs’ asset management division and compounded it in 27 years running his hedge fund Omega Advisors.

I went to the City University of New York back in the mid-1960s. If you finished your major and minor in college in three years, you were allowed to count your first year of medical or dental school towards your fourth year of college and get a separate degree. So in the summer of 1963, I completed my chemistry major by going to summer school at the University of Pennsylvania, and I enrolled in the University of Pennsylvania’s dental school in August 1963.

FORBES: If you could give your 20-year-old self some advice about investing, what would you tell yourself?Be long term. Be tax efficient. Know what you own. The most important advice I give the youngsters is that the only way to be successful is to do what you love and love what you do. I work 80-hour workweeks, but I never looked at it as work. I enjoyed what I did. I’m motivated by two things. I want to make money for two reasons.

I have two I like a lot. I believe in the old line that when something seems too good to be true, it’s not true, but my favorite investment will make about 300% in the next year, and the only way I lose is if the government tries to take what they have for no compensation. The company is called Ligado Networks, and what’s gone on is an absolute disgrace. Ligado owns about 40 megahertz of 5G spectrum–extremely valuable.

 

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- есть ли миллиардеры не еврей? - очередной сионист пытается впарить чушь.

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