Monday, March 1, 2021

Welcome to the New Era of Cannabis

Editor’s note: To kick the week off here at Empire Financial Daily, we’re sharing a special series of essays from our friend Tom Carroll over at our sister company Stansberry Research. Previously, Tom worked at investment banks Legg Mason and Stifel for nearly two decades, where his research was used by CNBC, Bloomberg, CNN, and […]
Recent Newsletters

Pot stock event on Thursday evening; Buffett's annual letter and Berkshire Hathaway's share repurchases; Last days of skiing in Utah

By Whitney Tilson

Whitney Tilson's Daily,
Monday, March 1, 2021
1) This Thursday evening at 8 p.m. Eastern time, I’m hosting an event you won’t want to miss… Along with my friend Tom Carroll – who writes the Cannabis Capitalist newsletter for our sister company Stansberry Research – we’re going to be discussing why at least some stocks in the sector he covers are screaming […]

The Update Issue: L Brands Shines On and E-Commerce Is Still Rising

By Berna Barshay

Empire Financial Daily,
Friday, February 26, 2021
► L Brands (LB) reported results that beat expectations, even after they had risen earlier this month on the company’s positive preannouncement… Back on February 4, the fashion retailer had raised its fourth-quarter earnings guidance to a range of $2.95 to $3.00 (from $2.70 to $2.80) due to better-than-expected January performance. Same-store sales results of […]

GameStink's dead cat bounce; Stop the Speculative and Manipulative Madness; Munger's annual meeting; Backcountry skiing and skinning

By Whitney Tilson

Whitney Tilson's Daily,
Friday, February 26, 2021
1) The behavior of speculators these days boggles my mind… Only a few weeks after losing more than 90% of their money as shares of GameStop (GME) – or “GameStink,” as I’ve been calling it – collapsed from a peak of $483 to less than $40, they’re at it again… The stock rose 313% from […]

What Will Be the Fate of the Reigning Queen of the Markets?

By Berna Barshay

Empire Financial Daily,
Thursday, February 25, 2021
► Every bull market has its rising star money manager… and the manager who has recently emerged as finance’s newest celebrity is Cathie Wood. She runs ARK Invest, an asset-management firm that specializes in actively managed exchange-traded funds (“ETFs”). The ETF space has traditionally been dominated by index-driven, passive investing vehicles, like the widely traded […]
Whitney Tilson
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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 nearly $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.

Click here for the full bio.