Leon Cooperman: Control Money You Give
on Wednesday, September 21, 2016Leon Cooperman Money Quote saying he doesn’t want anyone from the government to tell him what to do with his charitable contributions. Leon Cooperman said:
“All things being equal, you’d rather have control of the money than the government. Even if you’re giving it away, you’d rather give it away the way you want to give it away rather than the way the government gives it away” — Leon Cooperman
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In this quote, Leon Cooperman seems to be expressing a preference for individuals maintaining control over how their own money is used rather than ceding that authority to the government. Some key points:
- Cooperman states that “all things being equal”, one would prefer having personal control over how their financial resources are allocated rather than the government making those decisions.
- He notes this applies even when the money is being donated or given away to charitable causes – people want autonomy over choosing the recipients and causes rather than the government dictating such spending.
- The quote conveys Cooperman’s view that private citizens are generally better stewards of their own wealth by having the freedom to directly support organizations and initiatives of their choosing in a targeted, voluntary manner.
Overall, Cooperman appears to be advocating for maximum individual financial autonomy and discretion rather than deference to government authority when it comes to directing one’s own assets, whether for personal use or philanthropic purposes. He favors private decision-making over public control in such fiscal matters.