We want to hear from you. Steve's Professional Career: Steve Liesman is the senior economic reporter who serves for CNBC Network. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. For more information, please see our The information is collected and refined using Benzinga Pro's News Tool. Asset Class Equity All investments involve risk, and not all risks are suitable for every investor. Please ensure that you fully understand the risks involved before trading. All rights reserved. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Please go look at put premiums right now, it's literally just as risky to be a bear as a bull right now because of implied movements in both directions Aside from the general advice of dont ask Reddit about big financial decisions, its impossible to give any decent answer without knowing more about you. You want to wait until at least $10 for the dividend payout ratio gets close to 10% otherwise youre just throwing away money, This man so bearish starting to look like one even. The right strategy is heavily dependent on you and your current life circumstances. I'm thinking next month the market could sell off 50 to 70% from here and I can pick up some deals on MSFT GOOGL NVDA and stuff. Not all coins provided by Apex Crypto LLC are available to New York residents. It also gives a nice stash in case I see an interesting entry-level on the positions Im eyeing so that's just extra icing on the cake. Create an account to follow your favorite communities and start taking part in conversations. Join 10,000+ serious traders in the Benzinga Pro community! Options trading entails significant risk and is not appropriate for all investors. He has to hit targets for his clients who have different objectives than you. the only cash position ill have is from my paychecks that come in while i build back up my E-Fund. Let me know if you think Im buying in to high, Apple $17? The information is collected and refined using Benzinga Pros News Tool. It may therefore take some time before it appears on our website. Sign up to create alerts for Instruments, Short Hills Capital's Steve Weissshared Monday on CNBC's "Fast Money Halftime Report"that he is adding to hisModerna Inc (NASDAQ:MRNA) stock position. After four years, he headed out in different directions from the organization and joined SAC Capital Advisors. There's no evidence that the market will bounce, says Short Hills CNBC's 'Halftime Report' investment committee, Steve Weiss, Shannon Saccocia, Jim Lebenthal, Joe Terranova and Brian Belski, discuss the risk-reward in stocks after a cooling December CPI. Are you out of youre mind? Your status will be reviewed by our moderators. Please read the Characteristics and Risks of Standardized Options before trading options. Join 10,000+ serious traders in the Benzinga Pro community! %USER_NAME% was successfully added to your Block List. Tesla, AbbVie Are CNBC 'Fast Money' Mentions; Steve Weiss Is Shorting The commentary delivered by hosts of the show often moves the stocks . Inflation is Slowing, But is it Enough to Slow the Fed? During his tenure in research sales, he was responsible for developing investment ideas for many legendary investors including Soros Funds, Tiger Management, SAC Capital, where he subsequently worked, Omega Advisors and Kingdon Capital as well as many mutual funds. Please visit www.webull.com/cryptocurrency to see a list of crypto available to trade. The information is collected and refined using Benzinga Pro's News Tool. Investors should be aware that system response, execution price, speed, liquidity, market data, and account access times are affected by many factors, including market volatility, size and type of order, market conditions, system performance, and other factors. Send us comments about our Author Pages. WEISS ASSET MANAGEMENT LP Top 13F Holdings - WhaleWisdom.com September 7, 2022 1:25 PM | 1 min read. He stated that it's the Amazon.com of Africa and that this is a long-term position for him, and not just a trade. The AMA is set to start at 4:00 pm. Are you sure you want to delete this chart? There's no shame in going heavy in cash if you are bearish but 70% is pretty much COVID 2 plus world war 3, There are those who think that all growth for the past decade+ has been completely irrational or inflated. Steve Liesman Wiki: CNBC, Salary, Net Worth, Wife, Family, Facts Today, Im looking to talk with anyone interested in financial markets. and Lehman Brothers, where he built Wall Street's #1 ranked sales force, in addition to co-founding a hedge fund. Short Hills Capital's Weiss on why he doesn't own Chinese stocks - CNBC A veteran of more than 25 years on Wall Street, he has held senior management positions at Salomon Brothers, SAC Capital and Lehman Brothers, where he built Wall Street's #1 ranked sales force, in addition to co-founding a hedge fund. Join 10,000+ serious traders in the Benzinga Pro community! Our clearing firm, Apex Clearing Corp., has purchased an additional insurance policy.. Our clearing firm Apex Clearing Corp has purchased an additional insurance policy. Price Action: Moderna is making a new 52-week high in trading today. Im looking forward to my first AMA and your questions. UNHedged, the author's first work of fiction, follows two extremely well accepted investment books: The Big Win: Learning from the Legends to Become a More Successful Investor (Wiley, 2012) and The Billion Dollar Mistake: Learning the Art of Investing Through the Missteps of Legendary Investors (Wiley, 2010). Hi Reddit, Im Stephen Weiss, author of the top selling book, The Billion Dollar Mistake, and a regular contributor on CNBCs Halftime report. @wallstreetmooc. From Benzinga. March 19, 2021 12:34 PM | 18 seconds read. This Slide: #1 of 10 Continue to slide 2 #10. As an investment of course. +0.73%. Follow to get new release updates, special offers (including promotional offers) and improved recommendations. Since youve just unblocked this person, you must wait 48 hours before renewing the block. I heard Weiss keeps matchbox cars in his ass for safe keeping. Want the fastest, most accurate stock market intelligence? Will Oil Stocks Once Again Lead The Market As Inflation Eases? With that said I would put a wager on the fact that Weiss has the worst return rates of all their guests. On CNBC's "Fast Money Halftime Report," Steve Weiss discussed the recent changes he's made to his portfolio. Please note that all comments are pending until approved by our moderators. On CNBC, Steve Weiss said his new buy is Porsche (OTC: POAHY) . Cookie Notice Volkswagen has potential to be a big EV player: Steve Weiss Wheat: Whats Good for Inflation Isnt Good for the Bulls, iShares Core FTSE 100 UCITS ETF GBP (Dist), Vanguard Total Bond Market II Index Fund Investor, PIMCO Commodity Real Return Strategy Institutional, SG FTSE MIB Gross TR 5x Daily Short Strategy RT 18, Vontobel 7X Long Fixed Lever on Natural Gas 8.06. Ever wonder what Steve Weiss does in his spare time? Click here to find out! Want EXCLUSIVE stories originated by Benzinga reporters? Eventually you could sell what u perceive as expensive and keep stocks you believe are undervalued. Jeremy Grantham is like the boy who cried wolf. Weiss is a CNBC Contributor with a regular role on the Fast Money Halftime Report. No content on the Webull Financial LLC website shall be considered as a recommendation or solicitation for the purchase or sale of securities, options, or other investment products. CNBC Halftime Report on Twitter: "Join Scott Wapner and the committee In total we count 515 positions held by Weiss Asset Management LP as of their latest 13F filing, but among those total Weiss Asset Management LP holdings we've sorted out the top ten stocks held by Weiss Asset Management LP by largest position size, and presented them here in slideshow form. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. Please ask me anything. Steve Weiss' 30-50% might be worth few millions. View and manage who you follow on Amazon. Ever wonder what Steve Weiss does in his spare time? Stephen Weiss | Family Office Forum He has turned bearish after getting creamed on Moderna and a few others. I don't regret having 30%. Timing the mkt its almost impossible. IXIC. Do Not Sell My Personal Data/Privacy Policy, The most trusted brand in stock market news, Only comprehensive mobile notifications solution. 100% OWNER OF UNITED ASSET MANAGEMENT UK HOLDINGS LIMITED: indirect: 1996-09-01: 2003-11-18: ARTISAN PARTNERS LIMITED PARTNERSHIP: LIMITED PARTNER OF SUTTER HILL PARTNERS L.P. indirect: 1998-01-01: The commentary delivered by hosts of the show often moves the stocks mentioned. 2023 Webull Financial LLC, All rights reserved. Here's why men die younger than women and how to fix it, China's shrinking population: What it means for the global economy, Oil companies made $200 billion in profits in 2022. But the people on CNBC aren't the best fund managers. CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. Why This Investor Thinks The Moderna Sell-Off Is A - Benzinga However, in order to maintain the high level of discourse weve all come to value and expect, please keep the following criteria in mind: Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.coms discretion. 2022 Benzinga.com. I hate takes like this because why protect urself with cash if ur this sure of a bear market? 70% decline for the S&P gets us back to 2011 levels. Weiss told CNBC that he thinks Moderna's stock can go up another 500% from its current levels and trade such asAmazon.com, Inc.(NASDAQ:AMZN) "because it's a technology company nota biotech. Benzinga Pro users can access this information by using the News tool on any workstation. Relevant regulatory and exchange fees may apply. ", Related Link:Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More. Even if he is wrong, he should be fine. Stephen L. Weiss - amazon.com An explanatory brochure is available upon request or at www.sipc.org. Steve Weiss of CNBC today mentioned that he goes from at least 50 to 70% cash right now. and sign up for the mooc. Want EXCLUSIVE stories originated by Benzinga reporters? Benzinga does not provide investment advice. He is also the Managing Partner and Founder of Short Hills Capital Partners, LLC. Cryptocurrency trading is offered through an account with Apex Crypto. Should I up to 50% cash? The correspondent reports on all the aspects that are related to the economy that includes the Federal Reserve and major economic indicators. Stephen Weiss Profile - CNBC XLE was launched on Dec 16, 1998 and is managed by State Street. All rights reserved. Member, Benzinga's Bulls And Bears Of The Week: Amazon, Robinhood, Moderna, Tesla And More, Characteristics and Risks of Standardized Options. Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners, an alternative investment fund primarily established to invest the personal wealth of David Tepper, widely regarded as the industry's most successful investor. Webull Financial LLC is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Horton And This Sector Are CNBC's 'Final Trades', Becton Dickinson, Freeport-McMoRan, GXO Logistics And This Mid-Cap ETF On CNBC's 'Final Trades', AbbVie, Goldman Sachs And This Electric Vehicle Manufacturer On CNBC's 'Final Trades', These 2 Defensive Plays Are Highlights Of CNBC's 'Final Trades', Rivian Automotive, Stryker, Ardagh Metal Packaging And This Tech Stock Are CNBC's 'Final Trades', Rockwell Automation, UnitedHealth, AmerisourceBergen And Shorting This Industrial Stock Index On CNBC's 'Final Trades', Rivian, An Energy ETF and One Of The World's Largest Payments Processors: CNBC's 'Final Trades', AutoZone, EOG Resources, Rivian Automotive And This Big-Box Retailer On CNBC's 'Final Trades', Stryker, Freeport-McMoRan, Southwest Gas And This Health Care Major Feature On CNBC's 'Final Trades', Buy Simon Property, Bunge And This ETF, Go Short On Consumer Discretionary: CNBC's 'Final Trades', Netflix, Visa, B&G Foods And This Automotive Technology Company Feature On CNBC's 'Final Trades', Devon Energy, Service Now, WR Berkley And This Biotech Play On CNBC's 'Final Trades', Cognex, Nucor, Moderna And This Cybersecurity Company Feature On CNBC's 'Final Trades', General Motors, GXO Logistics And This REIT Feature On CNBC's 'Final Trades', Why Home Depot Is A Buy If 'Rates Are Peaking' And These 3 Energy Majors On CNBC's 'Final Trades', Advanced Micro Devices, Blackstone And These Defensive Plays Feature On CNBC's 'Final Trades', Honeywell International, Seagen, New York Community Bancorp And This Transportation Company Featured On CNBC's Final Trade. Short Hills Capital's Steve Weiss shared Monday on CNBC's "Fast Money Halftime Report" that he is adding to his Moderna Inc (NASDAQ:MRNA) stock position.. Moderna is trading higher on a few different pieces of news including the company's approval in Australia, comments from Dr. Anthony Fauci and BioNtech SE's (NASDAQ:BNTX) financial results, Weiss told CNBC. CNBC's Steve Weiss Sells Pfizer; Adds More Merck & Company; Sold United CNBCs "Fast Money: Halftime Report" delivers market-moving news to investors. Alphabet, Activision Blizzard, Oak Street Health And This Australian Company On . That puts it at a 1 P/E. The coverage limits provide protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customers securities and $900,000 for any one customers cash. Are you sure you want to block %USER_NAME%? Reddit and its partners use cookies and similar technologies to provide you with a better experience. Here's how, You sense the market is desperately hoping the Fed is done hiking interest rates, says Peter Boockvar. If youd like to learn more about the course, heres a link to a video intro: www.youtube.com/watch?v=SOt_F4ig4j4#t=40, Link to the Wall Street MOOC course: http://firstbusinessmooc.org/wall-street/, Verification: https://twitter.com/stephenLweiss/status/436195940483874816. Affirm Holdings (AFRM) Confirms Earlier Earnings Leak; Needham & Company Lowers PT on Seagen (SGEN) to $180 on Weak Earnings . Stephen Weiss is the Chief Investment Officer and Managing Partner of Short Hills Capital Partners LLC, an alternatives investment fund manager. I may miss gains for sure, but it gives me peace of mind to know that half my liquidities are "safe" from any fuck up and that, to me, is priceless. Weiss is bullish on Jumia. This comment has already been saved in your, Eni agrees deal with UAE's ADNOC as Italy rebuilds relationship, Mercedes-Benz begins building battery recycling factory in southern Germany, Silvergate suspends crypto payments network; shares fall after-hours, Congress to Limit U.S. Oil Exports to China: What Traders Need to Know. Fast Money Halftime Report : CNBC : March 3, 2023 12:00pm-1:00pm EST 2023 Benzinga.com. STEPHEN L. WEISS has spent nearly twenty-five years on Wall Street working for some of the industry's most prestigious firms including Salomon Brothers, SAC Capital, and Lehman Brothers (he played no role in its demise). Steve Weiss of Short Hills Capital Partners said he is shorting the iShares 20 Plus Year Treasury Bond ETF (NASDAQ: TLT) , believing interest rates will rise. Join 10,000+ serious traders in the Benzinga Pro community! Never miss a trade again with the fastest news alerts in the world! Stockpennies: Steve Weiss on CNBC. I'm about 30% now and wondering if I should sell off some of my ROTH to bring up to 50% cash like Weiss. Starting on Monday February 24th Ill be teaching the first ever massive open online course (MOOC) on finance with my colleague, Shelly Lombard. Best blockchain ETFs: Here's how you can invest in the backbone - MSN There is no panacea that works for every investor. you WILL find it very interesting. All Rights Reserved. LinkedIn is the world's largest business network, helping professionals like Steve Weiss discover inside connections to recommended job .