WATCH: Leon Cooperman - Fair Share Bullshit, It’s a way of attacking wealthy people.
Listening to irate New York hedge fund billionaire Leon Cooperman on CNBC right now lamenting people "sitting at home getting their checks from the government, trading their stocks."
“This fair share is a bullshit concept," he shouts. "It’s a way of attacking wealthy people."
Billionaire investor and hedge fund manager Leon Cooperman is getting mocked on social media after complaining on CNBC Thursday that Americans wanting to get their fair share is “bullshit.”
Cooperman runs Omega Advisors. He reportedly is the majority owner of the investment firm and is said to be worth approximately $3.2 billion.
“The reason the market is doing what it’s doing is people are sitting at home, getting their checks from the government,” he told CNBC, according to a widely-circulated clip on Twitter.
“This fair share is a bullshit concept,” he also says in the clip. “It’s just a way of attacking wealthy people, and, you know, I think it’s inappropriate – we all got to work together and pull together.”
What is Omega Advisors shot position?
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