Editor's note: Here at Empire Financial Research, Whitney has been bullish on some of the biggest tech stocks that have taken a beating in 2022. But we still listen to what smart folks on the other side of the argument are saying... As such, today in Empire Financial Daily, our friend and colleague Joel Litman – founder and chief investment strategist at our corporate affiliate Altimetry – is back to share a warning about a similar setup to the dot-com bubble that could be playing out in the markets today... The 'dot-com bubble' is a catchy name... but it's a misnomer. The term is commonly used for the 2000s economic hiccup. However, it doesn't accurately describe what happened. You might remember early Internet companies like Pets.com. That business went public at $11 per share in 2000... before it even figured out how to make money. The company famously sold pet supplies online for less than it paid to get those supplies. Less than a year later, Pets.com was bankrupt. That's one of
Monday, December 5, 2022
Monday, December 5, 2022
1) A week from tomorrow (December 13), the U.S. Labor Department will release its latest inflation report for the month of November. After peaking at 9.1% in June, inflation has been declining (as I predicted) for the past four months: 8.5% in July, 8.3% in August, 8.2% in September, and 7.7% in October. I believe […]
Editor's note: In today's Weekend Edition of Empire Financial Daily, we're sharing more insights from our friends at our sister company Altimetry... As regular Empire Financial Daily readers know, Altimetry founder Joel Litman is a forensic accountant and CPA who specializes in "Uniform Accounting" – a methodology that he and his team use to determine […]
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About Whitney Tilson
Prior to creating Empire Financial Research, Whitney Tilson founded and ran Kase Capital Management, which managed three value-oriented hedge funds and two mutual funds. Starting out of his bedroom with only $1 million, Tilson grew assets under management to more than $200 million.
Tilson graduated magna cum laude from Harvard College with a bachelor's degree in government in 1989. After college, he helped Wendy Kopp launch Teach for America and then spent two years as a consultant at the Boston Consulting Group. He earned his MBA from Harvard Business School in 1994, where he graduated in the top 5% of his class and was named a Baker Scholar.
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Whitney is one of the most connected investors I’ve met. He’s been able to tap into an infinitely deep and unique network of people to come up with great insights into ideas and develop them that other people just can’t do because they don’t have the kind of network he does.
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