Hedge Funds through the eyes of Lee Cooperman,

Lee Cooperman, founder of hedge fund firm Omega Ad-visors, last month gave a presentation entitled, “Observations regarding: life,blog hedge funds, the investment outlook” at Roger Williams University. Here are some of the highlights:

On Hedge Funds

– If you produce the returns, you’ll grow. What separates the men from the boys is how you do during periods of adversity

– He again detailed his characteristics of an outstanding analyst or portfolio manager

– He tries to make money in 5 ways: market direction, asset allocation (stocks versus bonds), undervalued stocks on the long side, sell stocks short. and macro investing (and he candidly mentioned the egregiously high fee structure that hedge funds use as well)  Continue reading “Hedge Funds through the eyes of Lee Cooperman,”