I watched this interview this morning. Leon was excellent. Still sharp as a tack after all these years. Give it a watch 🔈

Dude is very well spoken. Doesn't say things for shock value. They'll probably ban him from the network.

He’s a legend.

I spoke to him once. Hedge fund guy gave him as a reference and the phone number, so I called. First ring, "Lee Cooperman". He proceeded to tell me the guy did more harm to his business than any other analyst he had hired. HF guy didn't think I'd get Lee.

Yikes.

The delay (to the crash) fools almost everyone

So true what he says... everybody is screaming but apart from the regional banks crises, markets have been doing pretty well and inflation is still there...

He contradicts himself saying the market has "gone up a lot this year",yet he started the interview with "most stocks are only up 3-4%". EX FAANG+TN, the market is only about 16 X PE. FAANG+TN expensive because of the strength of those companies,no debt, huge moat, growing fast.

My father in law worked with Leon- always a sharp one. My husband worked with him as well. Legend

Key take away: “ everything dollar, oil, stocks are Reasonably well behaved”