Ronald G. Insana (born March 31, 1961 in
Buffalo, New York
Buffalo is the second-largest city in the U.S. state of New York (behind only New York City) and the seat of Erie County. It is at the eastern end of Lake Erie, at the head of the Niagara River, and is across the Canadian border from South ...
)
is an American finance reporter, author and former
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 sho ...
manager. He presents the ''Market Score Board Report with Ron Insana'' radio show, syndicated by
Compass
A compass is a device that shows the cardinal directions used for navigation and geographic orientation. It commonly consists of a magnetized needle or other element, such as a compass card or compass rose, which can pivot to align itself with ...
, and is a senior analyst and commentator at
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 ...
. Insana was the Managing Director of Insana Capital Partners from inception to dissolution. He was the anchor of
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 ...
's ''Street Signs'',
which aired on weekdays during stock market hours. Until December 5, 2003, he and
Sue Herera
Sue Herera (née Susan McMahon, born November 15, 1957) is an American journalist and business news television anchor.
Early life and education
Herera was born in Spokane, Washington. She grew up in Brentwood, California, where her father was a s ...
co-anchored CNBC's then
flagship
A flagship is a vessel used by the commanding officer of a group of naval ships, characteristically a flag officer entitled by custom to fly a distinguishing flag. Used more loosely, it is the lead ship in a fleet of vessels, typically the fi ...
nightly financial news program, ''
Business Center''.
He has been a resident of
Tenafly, New Jersey
Tenafly () is a borough in Bergen County, New Jersey, United States. As of the 2020 census the borough had a population of 15,409, .
Early life and education
Born in Buffalo, New York, Insana's family moved to
Los Angeles
Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world' ...
while he was in
seventh grade
Seventh grade (or grade seven) is a year or level of education. The seventh grade is the eighth school year, the second or third year of middle school, and the first year of junior high school. Students are around 13-14 years old in this stage of ...
.
He graduated from
Chaminade College Preparatory in 1979 and was recognized as "Distinguished Alumnus of the Year" in 2005. Later, he graduated with honors from
California State University, Northridge
California State University, Northridge (CSUN or Cal State Northridge) is a public university in the Northridge neighborhood of Los Angeles, California. With a total enrollment of 38,551 students (as of Fall 2021), it has the second largest un ...
.
Career
Broadcasting
Insana began his career in 1984 as a
Financial News Network
The Financial News Network (FNN) was an American financial and business news television network that was launched November 30, 1981. The purpose of the network was to broadcast programming nationwide, five days a week for seven hours a day on t ...
production assistant
A production assistant, also known as a PA, is a member of the film crew and is a job title used in filmmaking and television for a person responsible for various aspects of a production. The job of a PA can vary greatly depending on the budget ...
, rising to
managing editor
A managing editor (ME) is a senior member of a publication's management team. Typically, the managing editor reports directly to the editor-in-chief and oversees all aspects of the publication.
United States
In the United States, a managing edito ...
and chief of FNN's Los Angeles bureau just as the Network was integrated into CNBC. While at FNN, he was nominated for a Golden ACE Award for his role in covering
the 1987 stock market crash. Insana joined CNBC in the 1991 merger with the FNN.
On the morning of
September 11, 2001
The September 11 attacks, commonly known as 9/11, were four coordinated suicide terrorist attacks carried out by al-Qaeda against the United States on Tuesday, September 11, 2001. That morning, nineteen terrorists hijacked four commerc ...
, Insana was walking towards the
World Trade Center
World Trade Centers are sites recognized by the World Trade Centers Association.
World Trade Center may refer to:
Buildings
* List of World Trade Centers
* World Trade Center (2001–present), a building complex that includes five skyscrapers, a ...
(aware of the ongoing attack) with
MSNBC
MSNBC (originally the Microsoft National Broadcasting Company) is an American news-based pay television cable channel. It is owned by NBCUniversala subsidiary of Comcast. Headquartered in New York City, it provides news coverage and political ...
producer John Zeta. As they saw one of the towers begin to
collapse
Collapse or its variants may refer to:
Concepts
* Collapse (structural)
* Collapse (topology), a mathematical concept
* Collapsing manifold
* Collapse, the action of collapsing or telescoping objects
* Collapsing user interface elements
** ...
, they turned and ran. The pair lost each other in a cloud of oncoming dust. Insana took refuge inside a parked car.
Still covered in dust, he described what he had witnessed on NBC's ''
Today
Today (archaically to-day) may refer to:
* Day of the present, the time that is perceived directly, often called ''now''
* Current era, present
* The current calendar date
Arts, entertainment, and media Films
* ''Today'' (1930 film), a 1930 A ...
'' show with
Matt Lauer
Matthew Todd Lauer (; born December 30, 1957) is an American former television news personality, best known for his work with NBC News. After serving as a local news personality in New York City on WNBC, his first national exposure was as the ne ...
and
Katie Couric
Katherine Anne Couric ( ; born January 7, 1957) is an American journalist and presenter. She is founder of Katie Couric Media, a multimedia news and production company. She also publishes a daily newsletter, ''Wake Up Call''. From 2013 to 2017, ...
. He was nominated for a News and Documentary
Emmy Award
The Emmy Awards, or Emmys, are an extensive range of awards for artistic and technical merit for the American and international television industry. A number of annual Emmy Award ceremonies are held throughout the calendar year, each with the ...
as part of NBC's coverage of 9/11.
Today, Insana is a regular contributor to
NBC
The National Broadcasting Company (NBC) is an Television in the United States, American English-language Commercial broadcasting, commercial television network, broadcast television and radio network. The flagship property of the NBC Enterta ...
's ''
The Today Show
''Today'' (also called ''The Today Show'' or informally, ''NBC News Today'') is an American news and talk morning television show that airs weekdays from 7:00 a.m. to 11:00 a.m. on NBC. The program debuted on January 14, 1952. It was ...
'' and ''
NBC Nightly News
''NBC Nightly News'' (titled as ''NBC Nightly News with Lester Holt'' for its weeknight broadcasts since June 22, 2015) is the flagship daily evening News broadcasting#Television, television news program for NBC News, the news division of the NB ...
'', along with other programs when market activity warrants. He was involved with ''
Imus in the Morning
''Imus in the Morning'' was a long-running radio show hosted by Don Imus. The show originated on June 2, 1968, on various stations in the Western United States and Cleveland, Ohio before settling on WNBC radio in New York City in 1971. In Octob ...
'' on MSNBC before its cancellation and the 15-minute ''Market Wrap'' on sister network
MSNBC
MSNBC (originally the Microsoft National Broadcasting Company) is an American news-based pay television cable channel. It is owned by NBCUniversala subsidiary of Comcast. Headquartered in New York City, it provides news coverage and political ...
. Additionally, Insana writes a monthly column for ''
USA Today
''USA Today'' (stylized in all uppercase) is an American daily middle-market newspaper and news broadcasting company. Founded by Al Neuharth on September 15, 1982, the newspaper operates from Gannett's corporate headquarters in Tysons, Virgini ...
'' entitled "Talking Business with Ron Insana" and at one time hosted the nationally syndicated radio program, ''The Ron Insana Show'', on
Westwood One
Westwood One is an American radio network
There are two types of radio network currently in use around the world: the one-to-many (simplex communication) broadcast network commonly used for public information and mass-media entertainment, and ...
.
Finance
On March 1, 2006, Insana left his anchor duties when his contract at CNBC expired to start his own hedge fund, Insana Capital Partners. The fund was headquartered in
Fort Lee, New Jersey
Fort Lee is a borough at the eastern border of Bergen County, in the U.S. state of New Jersey, situated along the Hudson River atop the Palisades.
As of the 2020 U.S. census, the borough's population was 40,191. As of the 2010 U.S. census, th ...
and had seven employees. In August 2008 the fund ceased operations because of investment losses and he joined
SAC Capital Advisors
SAC Capital Advisors was a group of hedge funds founded by Steven A. Cohen in 1992. The firm employed approximately 800 people in an unknown capacity. On February 27, 2009, Mr. Insana left SAC Capital.
Writing
His first book, ''Traders' Tales'' (
John Wiley John Wiley may refer to:
*John Wiley & Sons, a publishing company
* John A. Wiley (1843–1909), Pennsylvania businessman, National Guard and Civil War soldier
*John Cooper Wiley (1893–1967), US foreign service officer and ambassador
*John D. Wil ...
), a compendium of anecdotes about
Wall Street
Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for t ...
life, was published in 1996. A second book, ''The Message of the Markets'', was published by
Harpers Business in October 2000. ''Trend Watching: How to Avoid Wall Street's Next Fads, Manias and Bubbles,'' his third book, was published by Harpers Business in November 2002.
TV roles
CNBC TV
*''
Street Signs
Traffic signs or road signs are signs erected at the side of or above roads to give instructions or provide information to road users. The earliest signs were simple wooden or stone milestones. Later, signs with directional arms were introduce ...
''
(1996–2002, 2003–2006)
*''
Business Center''
(1999–2003)
*''
Business Insiders'' (?-1996(?))
*''
Management Today
Haymarket Media Group is a privately held media company headquartered in London. It has publications in the consumer, business and customer sectors, both print and online. It operates exhibitions allied to its own publications, and previously on ...
''
References
External links
Ron Insana biographyon CNBC.com
Insana Capital Partners (archived)*
Interview with Insana about his 9/11 experienceon
Talkradio 77 WABC
{{DEFAULTSORT:Insana, Ron
California State University, Northridge alumni
Living people
American male journalists
Journalists from California
1961 births
People from Tenafly, New Jersey
CNBC people
Chaminade College Preparatory School (California) alumni