A Wall Street Legend Recounts His Fifty Years in the Stock Market, Hedge Funds, and Philanthropy

Wall Street mogul Leon Cooperman provides a brilliant business memoir encompassing a quarter-century with Goldman Sachs and then the management of his own successful hedge fund, Omega Advisors. Cooperman traces his life story from his roots as the son of immigrant parents in the Bronx through his days as an undergraduate at Hunter College, his subsequent graduate studies at the Columbia Business School, and beyond, all the way to his current role as a subscriber to Warren Buffet's "Giving Pledge" and a committed philanthropist engaged in giving away the entirety of his multi-billion-dollar fortune. Along the way, Cooperman also spells out his philosophies and "best practices" for stock research and investment, rooted in the classic value-investing approach originated by Benjamin Graham and David Dodd. Additionally, Cooperman makes an impassioned defense of capitalism as the best of all possible economic systems. Cooperman's narrative also includes meditations on taxes in general (and a wealth tax in particular) and challenges the thinking of political progressives who espouse policies which Cooperman believes would unduly restrain the free market.

Cooperman, Leon

Over a five-decade career, LEON COOPERMAN has loomed large as one of the most prominent players on Wall Street, first as a senior partner at Goldman Sachs, where he spent twenty-five years, and then as the founder and chief strategist of his own highly successful hedge fund, Omega Advisors. Born to immigrant parents in the Bronx, he is a graduate of Hunter College and the Columbia Business School. Mr. Cooperman has been the recipient of numerous awards and honors, including The Horatio Alger Award, honorary doctorates from both Hunter College and Roger Williams University, and the Columbia Business School's Distinguished Leadership in Business Award. He and his wife, Toby, have two sons and three grandchildren, and live most of the year in Florida.