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by Leon Cooperman (Author)
Hedge fund manager and former colleague Doug Kass describes Leon Cooperman as an "estimable humanitarian" who's been "seasoned with a pinch of Horatio Alger and a heaping spoonful of justified self-confidence." Indeed, this is certainly the flavor that comes through in Mr. Cooperman's timely memoir, From the Bronx to Wall Street: My Fifty Years in Finance and Philanthropy. In this era of Warren Buffett's "Giving Pledge," Mr. Cooperman and his wife, Toby, have become two of the country's most prominent supporters of hospitals, scholarships, colleges, libraries, and other vital programs and institutions. In these pages, Mr. Cooperman not only recounts fascinating details from his long career at Goldman Sachs and his hedge fund, Omega Advisors, but also speaks movingly, and with great insight, about the meaning of wealth and the moral responsibilities that come with it.
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Wall Street legend Leon Cooperman knows not only how to make billions... but also how and why to give it all away.
When it comes to the stock market, famed Goldman Sachs and Omega Advisors hedge fund guru Leon Cooperman has seen and done it all. In his vibrant new memoir, billionaire philanthropist Cooperman recounts the ups and downs of a professional lifetime on Wall Street. With such colleagues as Bob Mnuchin, Bob Rubin, Hank Paulson, and Jon Corzine, Cooperman played a major role at Goldman Sachs from the 1960s to the early 1990s, serving variously as partner-in-charge of the Investment Research Department, cochairman of the Investment Policy Committee, chairman of the Stock Selection Committee, and chairman/CEO of Goldman Sachs Asset Management. Thereafter, at his own Omega Advisors hedge fund, in collaboration with his old Goldman protégé Steven Einhorn and others, he continued to rack up profits for investors. At once a compelling "insider's account" of Wall Street and its culture, a reasoned argument for the values and benefits inherent in capitalism, and a meditation on the importance and duty of large-donor philanthropy, From the Bronx to Wall Street does not disappoint.
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