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Leon Cooperman’s Omega Gains from Non-Stock Positions

The legendary long-short manager is still bullish on the stock market, even though his firm hasn’t made much money from it lately.

       Leon Cooperman, Omega Advisors (Bloomberg) Leon Cooperman, founder of the New York-based hedge fund firm Omega Advisors, concedes that it has been hard to make money going long individual stocks for the past 1.5 years. In his second-quarter letter to clients, which was also signed by his long-time side-kick and Omega vice

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