S&P 500 is ‘Going Nowhere,’ Fears Inflation – ryan

Leon Cooperman Struck a wary tone on the stocks and the economy, paid tributes to warren buffett – and shared His Biggest Tip for Young People.

The Billionaire Investor Told Business Insider on Monday and Has A “Very Conservative Outlook” for the S & P 500 GIVE “What’s Going on the World.”

The Benchmark Stock Index has Nearly Double Over the past Five Years to Record Highs Above 6,000 Points, and Trades at A Historic Expensive 23 Times Forward Earnings.

“The Index is Going Nowhere,” Cooperman Said, Adding that investors are better off identifying undervalured Stocks than betting on the whole market.

Cooperman predicted the US Wold Face a Painful Combination of Slow Growth and High Inflation, As Tariffs and Overseas Conflics Threateen to Derail Supply Chains, Disruption Production, and Drive up prices.

Bidding Farewell to Buffett

The former boss of Goldman sachs’ Asset Management Division, who converted his omega advisors his end into a family office in 2018, Also hailed buffett as the Berkshire hathaway Ceo prepass at the end of this year.

Cooperman Described The Legendary Investor As “Smart” and “Rational,” Said He Done A “Fabulous Job for Shareholders,” and Held Him Up The “Gold Standard in the Business.”

Buffett has transformed berkshire from a failing textile million a $ 1 fabric World-beater during his 60 years in charge.

The “Oracle of Omeaha” May Decidated It ‘Finally Time to Step Down Because He’s “Tired” or May “Fear He’s Missing a Step,” Cooperman Said.

“At 94, Most People Are Dead,” He Added, Underscoring Just How Long Buffett Has Kept Going.

Living a full life

In the Spirit of Gradusion Season, Cooperman offended some advice for young people in bot Their Professional and Personal Lives.

“LOVE WHAT YOU DO – IT’S TOO DEMANDING AND DIFFICULT NOT TO,” The Wall Street Veteran Said. “Pursue it with a passion,” he continued, adding that he spent 25 years at goldman but it never felt like work becayed it so Much.

COOPERMAN ALSO EMphasized there’s More to Life than Hustle and Grind.

“I’ve been Married 61 years to the Same Woman,” He Said, Adding that His Greatest Success in Life is “My Kids Still Come Home.”

Finally, Cooperman Shared His Approach to Raising Good Children: “Live an exemplary Life.”