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Nir Kaissar

Investing Hot Shots Can't Time, Either

They can't do it any better than ordinary investors.
Photographer: Guillaume Souvant/AFP/Getty Images

The forecast calls for a market correction. The hard part is figuring out what to do about it.  

On Tuesday, billionaire hedge fund manager Leon Cooperman joined a long list of money mavens who foresee trouble for U.S. stocks. Cooperman told the CNBC Institutional Investor Delivering Alpha Conference in New York that a market correction could start “very soon.”