Friday, December 1, 2023

I'm still overall bullish; Charlie Munger's Life Was About Way More Than Money; Whitney Tilson: From Wall Street to Experiencing the World; Core PCE down to 3.5%; The housing market isn't crashing; An important message from my cousin

By Whitney Tilson

1) My bullish perspective on the market that I've had for the past year was validated again last month, as the S&P 500 Index gained 9% – bringing its year-to-date gains to 19%. It's now within nearly 2% of its all-time high, reached in the first few days in 2022. Interestingly, however, the average stock is barely up this year – after a hideous drop last year – so I'm on the hunt for bargains in the market. In fact, today is a big day for that... As regular readers know, as part of Empire Financial Research merging operations with Stansberry Research, I have personally joined Stansberry's flagship newsletter, Stansberry's Investment Advisory, as its lead editor... and the first issue with my contributions and a new stock recommendation is publishing this evening after the market close. I'm excited to be moving forward with this new chapter – and thrilled that I'll be able to share my best ideas with Investment Advisory subscribers, just as I did with paid-up Empire subscribers. Paired

Products

Empire Elite Growth

Empire Elite Growth is a long-term, buy-and-hold service focusing primarily on publicly traded, small- to mid-cap U.S. stocks.

Empire Elite Income

Empire Elite Income is a short-term options-trading service that draws from the Empire Financial Research universe of small- to large-cap U.S.-listed stocks.

Empire Elite Trader

The Empire Elite Trader is a short-term trading service that draws from a universe of around 100 mid- to large-cap stocks.

Empire Elite Wealth

Empire Elite Wealth is a monthly newsletter featuring the best blue-chip ideas from Enrique Abeyta.

Empire Insider Alert

Whitney Tilson and his team of analysts are closely following Wall Street insiders into trades with high upside potential.

Empire Investment Report

In each issue of the Empire Investment Report, Whitney Tilson and his team share their top investment recommendations, ideas, predictions, and warnings.

Empire Stock Investor

Each month, editor Whitney Tilson taps into his two decades of experience on Wall Street to recommend a world-class investment opportunity to help Empire Stock Investor readers safely grow their wealth.

Energy Supercycle Investor

We at Empire Financial Research believe that we're in the early stages of a structural bull market in energy. We spent several months and tens of thousands of dollars researching the absolute best ways for our readers to profit from this coming megatrend. With Energy Supercycle Investor, we believe we've accomplished just that.

Herb Greenberg's QUANT-X System

Herb Greenberg's QUANT-X System is a monthly newsletter featuring the best ideas from Herb Greenberg, who spent nearly 40 years as a financial journalist at some of the country's leading news outlets.

Empire Financial Partnership

The Empire Financial Partnership is the greatest value in the newsletter business.

Empire Junior Partnership

With the Empire Junior Partnership, you can get lifetime access to your favorite premium service... and switch products whenever you'd like.

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.

Get Whitney Tilson's Daily delivered straight to your inbox.

Get Empire Financial Daily delivered straight to your inbox.

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.

—John Petry