Robert V. Pisani (born 1956) is a

correspondent A correspondent or on-the-scene reporter is usually a journalist or commentator for a magazine, or an agent who contributes reports to a newspaper, or radio or television news, or another type of company, from a remote, often distant, locati ...

for

CNBC CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk sho ...

Career

Pisani has worked for CNBC since 1990. Until 1997, Pisani largely covered the real estate industry and corporate management. Since then, he has reported live from the floor of the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...

, surrounded by

floor trader A floor trader is a member of a stock or commodities exchange who trades on the floor of that exchange for his or her own account. The floor trader must abide by trading rules similar to those of the exchange specialists who trade on behalf of ot ...

s. He mainly focuses on activity in major stock market indices.

Awards

Pisani was twice nominated for a

CableACE Award The CableACE Award (earlier known as the ACE Awards; ACE was an acronym for "Award for Cable Excellence") is a defunct award that was given by what was then the National Cable Television Association from 1978 to 1997 to honor excellence in Am ...

, in 1993 and 1995. In 2017, Pisani was honored with a Lifetime Achievement Award from the Security Traders Association of New York. In 2013, he won Third Place in the National Headliner Awards in the Business and Consumer Reporting category for his documentary on the diamond business, "The Diamond Rush." In 2014, Pisani was honored with a Recognition Award from the Market Technicians Association for "steadfast efforts to integrate technical analysis into financial decision making, journalism and reporting."

Personal life

Pisani is the son of Ralph Pisani, a real estate developer. He is of Italian heritage. He and his father taught a course on real estate development at the

Wharton School of the University of Pennsylvania The Wharton School of the University of Pennsylvania ( ; also known as Wharton Business School, the Wharton School, Penn Wharton, and Wharton) is the business school of the University of Pennsylvania, a private Ivy League research university in ...

from 1987 to 1992. He co-wrote a book with his father called ''How to be a Successful Developer''. Pisani enjoys

jazz Jazz is a music genre that originated in the African-American communities of New Orleans, Louisiana in the late 19th and early 20th centuries, with its roots in blues and ragtime. Since the 1920s Jazz Age, it has been recognized as a m ...

. For over 30 years, he has collected original rock concert posters.

Criticism by Jim Cramer

In December 2006, ''

Mad Money ''Mad Money'' is an American finance television program hosted by Jim Cramer that began airing on CNBC on March 14, 2005. Its main focus is investment and speculation, particularly in public company stocks. Cramer defines "mad money" as th ...

'' host

Jim Cramer James Joseph Cramer (born February 10, 1955) is an American television personality and author. He is the host of ''Mad Money'' on CNBC and an anchor on ''Squawk on the Street''. A former hedge fund manager, founder, and senior partner of Cramer ...

used Pisani as an example of an easily manipulated reporter used by

hedge fund A hedge fund is a pooled investment fund that trades in relatively liquid assets and is able to make extensive use of more complex trading, portfolio-construction, and risk management techniques in an attempt to improve performance, such as s ...

managers to spread

false statement A false statement is a statement that is not true. Although the word ''fallacy'' is sometimes used as a synonym for ''false statement'', that is not how the word is used in philosophy, mathematics, logic and most formal contexts. A false statement ...

s about a company in order to illegally drive the stock price down. Cramer said, "It’s really important to get the Pisanis of the world and people talking about it as if there is something wrong...". Cramer later apologized to Pisani.

References

Bibliography

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External links

Bob Pisani biography on CNBC.com
{{DEFAULTSORT:Pisani, Bob 1956 births American television personalities Male television personalities CNBC people Living people Wharton School of the University of Pennsylvania faculty