In this latest interview with the Lunches With Legends Series value investing legend Leon Cooperman says there are currently three markets for investors which include:
- The Fang Market
- The Robinhood Market
- The Mr Cooper Market
Cooperman recommends investors focus on the ‘Mr Cooper Market’ saying:
Everything else it’s the Mr Cooper’s of the world. It’s things that you can find that are very reasonably priced but because maybe they’re not in the index or they’re less prominent in the index. They’re not the clear beneficiary of what’s going on in the world, the market tends to overlook them. So I spend my time looking in the third market.
You can watch the entire interview here:
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