Episode 9: Timing The Market with Billionaire Investor Leon Cooperman

FinanZe

Send us a text

Wall Street Legend, Renowned Investor, and Philanthropist. On today’s episode will be with billionaire investor Leon Cooperman. Who is considered by many in the finance world as one of the greatest investors of all time.
A self made billionaire who reached a peak net worth of $3.3 billion back in 2020, and is now worth $2.5 billion. This is due to his philanthropic givings in the past year, and a half. Directly after graduating from Columbia, Cooperman joined Goldman Sachs. He spent his first 22 years at Goldman in the Investment Research Department as partner-in-charge, co-chairman of the Investment Policy Committee and chairman of the Stock Selection Committee. In 1989, he became chairman and chief executive officer of Goldman Sachs Asset Management, and was chief investment officer of the equity product line including managing the GS Capital Growth Fund, an open-end mutual fund, for one and one-half years.
While at Goldman Sachs, for nine consecutive years, Cooperman was voted the number one portfolio strategist in the Institutional Investor"All-America Research Team" survey.
After leaving Goldman Sachs, he organized a private investment partnership, Omega Advisors, Inc. Cooperman retired in 2016 and converted Omega to a family office. Mr. Cooperman averaged 12.4% returns every year, until his retirement. Lastly, Mr. Cooperman plans to donate all his money by the time of his passing.
This episode is backed by Market Games. The rise of automation is driving the need for students to build higher-order thinking skills that go beyond the textbook. The value of simply being book smart has declined, and the efficacy of textbooks in preparing students for the real world has also naturally declined. Just as businesses are adapting to changes in these uncertain times, the time has come for education to adapt to the market’s new demand for skills like critical thinking, teamwork, and leadership skills.
Market Games is an ed-tech startup that’s gamifying the textbook experience to help business educators drive down the costs of course materials and scale their students' success. We build active and collaborative digital tools that make learning more engaging, effective, and affordable for the new generation of learners.

Learn more at https://www.marketgames.io/

Support the show

Capitoli

1. Introduction (00:00:00)

2. How did Leon get into Finance? (00:01:10)

3. Current Market Trends (00:08:02)

4. Leon's Investment Strategy (00:14:48)

5. Stocks to buy in the next couple months (00:17:14)

6. How Leon determines when to buy/sell a stock (00:20:12)

7. Why is Diversification Important? (00:22:44)

8. Growth vs. Value Investing (00:25:12)

9. Technical vs. Fundamental Analysis (00:27:48)

10. What happened with GameStop and Hedge Funds? (00:32:25)

11. What's a SPAC? (00:35:24)

12. Leon's Philanthropy (00:37:46)

13. Leon's Advice to Students interested in Finance/Investing (00:41:04)

14. Key Takeaways (00:46:08)