Steve Weiss Sells UnitedHealth (UNH), Buys More FTAI Aviation (FTAI)

UnitedHealth (UNH) Sale

• 📉 Steve Weiss has sold his position in UnitedHealth (UNH), stating he believes it will be "dead money" despite appreciating management's efforts.
• ⚠️ While acknowledging the quality of management like John Rex, Weiss noted that UNH still owns the "old business" and profitability improvements may not materialize until next year.
• 💡 A small position remains due to the stock falling through his limit, but he anticipates better returns elsewhere.

FTAI Aviation (FTAI) Investment

• 🚀 Weiss has increased his stake in FTAI Aviation (FTAI), calling it a stock he was "brilliant for finding."
• 📈 He added to his position when the stock was up only 5%, citing a phenomenal order and a significant short position that he felt was understated.
• 🎯 Weiss believes FTAI Aviation has the potential to reach $200 per share.