Bloomberg Talks Leon Cooperman and NJPAC CEO John Schreiber Talk $50 NJPAC DOnation
Oct 3, 2025
Leon Cooperman, a seasoned investor and philanthropist, is joined by John Schreiber, CEO of NJPAC, to discuss Cooperman's transformative $50 million donation. They delve into Cooperman's concerns about market valuations and the implications of rising interest rates. The duo also explores the impact of private philanthropy, particularly in education and arts, emphasizing the importance of opportunities for Newark youth. Additionally, Cooperman shares insights on his scholarship program, which has significantly improved graduation rates.
AI Snips
Chapters
Transcript
Episode notes
Market Overvaluation And Rate Risk
- Leon Cooperman warns the stock market is overvalued and vulnerable due to high valuations and macro risks.
- He predicts rising long-term rates will pressure equities and increase market fragility.
Reduce Exposure And Raise Liquidity
- Leon says he's reducing positions and increasing liquidity as a defensive step.
- He notes he hasn't gone short but is selling assets to raise cash amid risk.
Herd Behavior Fuels The Rally
- Cooperman invokes Buffett to explain herd behavior driving markets beyond fundamentals.
- He says daily reinforcement convinces investors they can't afford to be out of stocks, inflating the rally.