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A Tough Year for Cooperman’s Omega
The veteran manager is heading toward his third-worst year with his firm but remains positive on stocks overall.
Leon Cooperman, Omega Advisors (Bloomberg) Leon Cooperman’s New York–based Omega Advisors posted big losses in its hedge funds in November, their third monthly losses in the past four. As a result, 2015 is shaping up to be Cooperman’s third-worst year since he launched his first fund in 1992. However, if Cooperman repeats
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