(Yahoo Finance) Billionaire hedge fund manager Leon Cooperman, the founder of Omega Advisors, said young people should perhaps look at a different industry than fund management.“Maybe some of the young people should look into going into different industries…because I think our industry is in turmoil. It’s very ironic because you’ve got [Hillary] Clinton and [Bernie] Sanders crapping all over us and they don’t realize Wall Street is in the midst of a very serious downturn,” Cooperman, 73, said at the Benjamin Graham Conference hosted by the New York Society of Securities Analysts (NYSSA) in Midtown Manhattan on Wednesday.
Why billionaire Leon Cooperman is warning young people to avoid the fund management industry
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