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California teachers suspended after giving first graders a lesson on "genocide in Palestine." Citizens of the World Charter School hosts its classes at a local synagogue. AdvertisementAdvertisementA charter school in Los Angeles with classes inside a Jewish synagogue is investigating two teachers who posted online about giving lessons to first graders on the "genocide in Palestine." "After the lesson, one of the teachers proudly shared on Instagram, and I quote, 'LOL but I did a lesson on the genocide in Palestine today w my first graders,'" Schuldenfrei said. Hedge fund billionaire Bill Ackman, meanwhile, has pressured Harvard to suspend students for both antisemitic and pro-Palestinian actions on campus.
Persons: , Melissa Kaplan, Adat Ari El, Brian Schuldenfrei, Schuldenfrei, Hye, Clifford Asness, megadonors, Leon Cooperman, Cooperman's, Bill Ackman Organizations: World Charter School, Service, World Charter, KTLA, Los Angeles Times, The Times, Hamas, Palestinian Health Ministry, University of Pennsylvania, Omega, Columbia University, Columbia, Harvard Locations: California, Palestine, Los Angeles, Israel, United States, Gaza
Warren Buffett wrote to Leon Cooperman about stock buybacks, taxing the rich, and Henry Singleton. When Cooperman was mulling a presidential run, Buffett joked he could "deliver Nebraska" for him. Cooperman shared a trio of messages he received from Buffett in his newly published memoir. Buffett wrote him a note after reading the letter, which Cooperman still keeps framed in his office:Dear Lee,I always enjoy both the quality of your writing and the quality of your thinking. Buffett wrote to Cooperman after his speech to express his agreement:AdvertisementAdvertisementHenry was a manager that all investors, CEOs, would be CEOs, and MBA students should study.
Persons: Warren Buffett, Leon Cooperman, Henry Singleton, Cooperman, Buffett, Goldman Sachs, trumpeted, Dear Lee, Warren, Singleton, Henry, Lee, you've Organizations: Service, Teledyne, Cooperman, Wall, Finance, Philanthropy, Omega Advisors, Business, Loews, Berkshire Locations: Nebraska, Wall, Silicon, Bronx, Iraq, Afghanistan
An example of a company in Cooperman's portfolio that is benefiting from higher oil prices is Paramount Resources , which primarily trades in Canada. Omega also owns stock in several U.S. energy companies, including Energy Transfer . The stock has outperformed the energy sector year to date and has a dividend yield of 9.2%. ET YTD mountain Energy Transfer has outperformed the energy sector this year. The stock has fallen about 8.5% this year but sports a dividend yield above 5%.
Persons: Leon Cooperman, Cooperman, Goldman Sachs Organizations: Omega Family, Texas, Omega, Paramount Resources, Energy, DTE Energy, Microsoft, Apollo, Citigroup, Cigna, Fidelis Insurance Locations: U.S, Canada
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket doesn't have to hit new lows due to frothiness, says Hightower’s Stephanie LinkHightower’s Stephanie Link joins 'Closing Bell: Overtime' to react to legendary investor Leon Cooperman's earlier comments on the market.
Billionaire investor Leon Cooperman is still bullish on Alphabet. Alphabet , down about 30% year to date, remains a holding of Cooperman's, as does Microsoft , which has lost 24% so far this year. Alphabet, in particular, is "very cheap for what it represents," the CEO of Omega Advisors said in a CNBC Pro Talk Wednesday. However, while Cooperman calls both Alphabet and Microsoft stocks "excellent," he has turned to the options market for a little downside protection. "So they push the market into excess of fair value and they push the market down below fair value and I'm trying to capitalize on the mistakes they are making."
Billionaire investor Leon Cooperman said Tuesday that he's having a "decent" year relative to the major stock indexes, despite the latest market turmoil. "The market really isn't cheap," he told CNBC's " Squawk Box ." "It's a very strange market, the indices themselves have no destination for me but I find a lot of individual stocks that are attractively priced…but I'm not expecting much in the market." About 22% of his portfolio is in energy stocks, he said. Shortly after stocks began selling off at the start of the year, Cooperman told CNBC they still represent "the best game in town" and are "the best asset in a bad neighborhood."
Fears of a recession intensified even more after data showed the economy shrank for a second straight quarter, making a strong case for defensive stocks for investors worried about slowing growth. Defensive stocks tend to provide stable earnings and consistent dividends regardless of the state of the overall stock market and the economy. They are often well-established companies in sectors like consumer staples, health care and utilities, such as Procter & Gamble , Johnson & Johnson and Coca-Cola . Berkshire also owns relatively small stakes in Procter & Gamble, Johnson & Johnson at the end of March. Major pharmaceutical companies and insurance companies are also considered defensive stocks.
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