Archive

October. 2019

Discussion on Uber; How Uber Got Lost; Silicon Valley Is Trying Out a New Mantra: Make a Profit; Bill Ackman charity lunch

Empire Financial Daily,
Wednesday, October 16, 2019
1) In Monday’s e-mail, I shared my colleague Enrique Abeyta’s analysis of why he thinks ride-sharing service Uber (UBER) could be a zero within 18 months. In response, one of my readers, Kerry C., wrote: I was disappointed in the level of analysis in your note today concerning Uber. The fact that they burned $3.4 […]

Enrique Abeyta interview; Update on Beyond Meat; When your stock's in a bubble, issue stock!; I tried the Impossible Whopper; How the Man Who Nailed Madoff Got GE Wrong; I'm speaking at the Robin Hood Investors Conference

By Whitney Tilson

Empire Financial Daily,
Tuesday, October 15, 2019
1) During the Stansberry Conference last week, my colleague Enrique Abeyta, who just launched the Empire Elite Trader, did an 11-minute interview in which he discussed why: It’s healthy that mini-bubbles are bursting – and the (deserving) losers are private equity investors Owning 10 stocks is enough Most people should never invest in IPOs He […]

Why Uber is a zero; Ride-sharing companies' regulatory challenges; Super Pumped: The Battle for Uber; SoftBank Seeking to Take Control of WeWork Through Financing Package

By Whitney Tilson

Empire Financial Daily,
Monday, October 14, 2019
1) My colleague Enrique Abeyta, whose new newsletter, Empire Elite Trader, is in beta testing with our Empire Financial Partnership members, shared with me his thoughts on why Uber (UBER) is likely to be a zero… In my “Hunting Unicorns” presentation last week at the Stansberry Conference, I recommended shorting the shares of ride sharing […]

U.S. and China May Be Headed for Mini-Deal on Trade This Week; Kim Iskyan's thoughts on the trade war; Lunch with Mohnish Pabrai

By Whitney Tilson

Empire Financial Daily,
Friday, October 11, 2019
1) Stocks are getting a boost today on hopes of at least a partial trade deal between the U.S. and China. Here’s a New York Times article about it: U.S. and China May Be Headed for Mini-Deal on Trade This Week. Excerpt: The United States and China could announce a limited trade agreement this week […]

10 Strategies for Winning the Class Participation (and Business Meeting) Game; Billionaire Ken Fisher Blasted Online After Offensive Comments; 'Pedo guy' responds to Elon Musk; Culture clash between Tesla and Panasonic

By Whitney Tilson

Empire Financial Daily,
Thursday, October 10, 2019
1) Over the last two weeks, I’ve shared my “10 Strategies For Winning the Class Participation (and Business Meeting) Game.” My mastery of this art, which counts for half of your grade at Harvard Business School, was the key to me graduating as a Baker Scholar (the top 5% of my class) 25 years ago, […]

A Value Investor Defends Value Investing; SmileDirectClub and Align Technology crashing; Class participation strategy No. 10

By Whitney Tilson

Empire Financial Daily,
Wednesday, October 9, 2019
1) I really enjoyed this Wall Street Journal interview with legendary investor (and my friend and mentor) Joel Greenblatt: A Value Investor Defends Value Investing (Despite Its Recent Track Record). Excerpt: WSJ: Some people don’t worry about the value in value investing, because they believe all active management is dead. How do you respond to […]

My presentation at the Stansberry conference; Zion and Red Rock Canyon; I'm speaking at the Robin Hood Investors Conference; Elon Musk Hired An Ex-Felon To Find Dirt On A Cave Rescuer He Called A "Pedo Guy"; Elizabeth Holmes can't pay lawyers; Why the CFO of a Famously Corrupt Company from the 1980s is Working for the Government; Class participation strategy No. 9

By Whitney Tilson

Empire Financial Daily,
Tuesday, October 8, 2019
1) I spoke at the Stansberry annual conference yesterday morning in Las Vegas, sharing my full thesis on Fannie Mae (FNMA) and a new idea on another company we’re considering for the Empire Investment Report portfolio. It was great fun – almost as fun, in fact, as getting into the great outdoors over the weekend. […]

Joel Litman analyzes Alphabet; Navy SEALs; Charity lunch with Bill Ackman; Class participation strategy No. 8

By Whitney Tilson

Empire Financial Daily,
Monday, October 7, 2019
1) Longtime Empire Financial Daily readers know that tech giant Alphabet (GOOGL) is one of my favorite stocks. While it doesn’t appear cheap based on traditional valuation metrics, I don’t think the market fully appreciates how fantastic this company is. It’s one of the greatest cash-gushing machines of all time. To see what the market […]

What and How I Read; Tesla's pop and drop; Bio-on implodes; Inside Bill's Brain: Decoding Bill Gates; Class participation strategy No. 7

By Whitney Tilson

Empire Financial Daily,
Friday, October 4, 2019
1) I read pretty much all day, every day (and when I can’t read – when I’m biking, running, working out, or driving – I’m listening). In one of my webinars last year, I gave an in-depth answer to a student’s question about What and How I Read (15:36). 2) Tesla (TSLA) bulls point to […]

Tesla misses guidance; Three pot stocks I panned at the Stansberry conference a year ago; Cannabis Capitalist: A Contrarian Bet in the Midst of the Vaping Scare; Doug Kass: Time to Buy Cannabis Stocks; Class participation strategy No. 6

By Whitney Tilson

Empire Financial Daily,
Thursday, October 3, 2019
1) Shares of Tesla (TSLA) are tanking today after the company missed its third-quarter delivery guidance of at least 100,000 cars that CEO Elon Musk hinted at only last week. How could Musk screw this up so badly? I think there are two possible answers… One, Tesla’s internal systems/controls are seriously deficient, and/or two, Musk […]

Visa, Mastercard, Others Reconsider Involvement in Facebook's Libra Network; The Sun Sets on We; Yellowstone and Grand Tetons; Class participation strategy No. 5

By Whitney Tilson

Empire Financial Daily,
Wednesday, October 2, 2019
1) I think shares of social media giant Facebook (FB) are very attractive at today’s levels, but the company’s proposed new cryptocurrency, libra, is total foolishness. As I wrote in my July 17 e-mail: It’s already dead on arrival… I always thought it was a poorly conceived idea anyway. Facebook could indeed create a huge […]

I'm hiring a junior analyst; Tesla's reckless Smart Summon; More on Whee: Sex, tequila, and a tiger; WeWork Still Needs Cash; WeWork's junk bonds tumble; Class participation strategy No. 4

By Whitney Tilson

Empire Financial Daily,
Tuesday, October 1, 2019
1) As I mentioned in last Thursday’s e-mail, I’m looking to hire a junior analyst. The position is based in Baltimore, Maryland, at the headquarters of my corporate partner, Stansberry Research. If you have a passion for investing, a nose for cheap stocks, and great writing skills, we want to hear from you! Click here […]
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