Leon Cooperman Is Donald Trump's Go-To Source On All Things Amazon Because Old People Are Hilarious

We hope these two at least talked a little denture maintenance.

If you're an aspirational despot with an ax to grind against a certain massive tech retail and cloud computing monolith and its CEO, you do the obvious thing and ask an expert about how best to destroy them.


Totally rational person Donald Trump reportedly knows what we're talking about...

President Donald Trump sought a billionaire investor's advice twice on whether he considered Amazon a monopoly during a dinner this summer, weeks before federal regulators signed off on the e-commerce giant's acquisition of Whole Foods Market.
Leon Cooperman, a former partner at Goldman Sachs who runs the hedge fund Omega Advisors, said Thursday he attended a dinner with 10 people in July during which President Trump twice asked him the monopoly question.

And why not? Other than being a 74-year-old miser fossil who hates regulation more than the taste of Fixodent, and still writes actual letters, we think of nothing that would disqualify Leon Cooperman from being a totally fair and objective voice on all things Amazon...

Cooperman, whose fund owned about $10.3 million of Amazon stock at the end of the third quarter, said on CNBC Thursday his answer to the president was no.

Well...yeah...there's that.

But, still, when has Leon Cooperman ever let his opinion cloud his judgment?

"President Trump asked me twice if I thought Amazon was a monopoly and I said, 'No, Mr. President," Cooperman recounted on CNBC's "Halftime Report." "I think they've out executed people. I think they've done a very good job."

And what makes this not scary at all is that the president will almost surely prioritize information gleaned from dinner chatter with Leon Cooperman over anything he "learns" from the actual Treasury Department.

Sleep tight.

President Trump asked a billionaire investor twice whether Amazon was a monopoly [CNBC]



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