Leon Cooperman to Mark Fisher: “You’re destroying the market”
By Lawrence Delevingne
Fri May 13, 2011
A fundamental equity portfolio manager challenges a high frequency trader to lead.
Old school stock pickers and new school high frequency traders don’t see eye to eye. But after last year’s flash crash, the tension has become stronger, as evidenced by the harsh words Omega Advisors’ Leon Cooperman had for Mark Fisher, the founder of algorithmic shop MBF Asset Management.
Cooper told Fisher that...
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.