Newsletters

May. 2021

The Courtroom Battle Begins Between Epic and Apple

By Berna Barshay

Empire Financial Daily,
Tuesday, May 11, 2021
In August, I wrote about how privately held Epic Games began a fight with Apple (AAPL) that could upend the economics of the app download market… As a reminder of how it all went down… Right now, you can’t download or update a wildly popular video game on Apple’s App Store or Alphabet’s (GOOGL) Google […]

The Psychedelic Revolution Is Coming; I just bought CMPS and MSOS in my personal account; Marijuana Legalization Will Be Good News for Pot Stocks; Excerpt on drug abuse from my book

By Whitney Tilson

Whitney Tilson's Daily,
Tuesday, May 11, 2021
1) This article on the front page of yesterday’s New York Times, The Psychedelic Revolution Is Coming. Psychiatry May Never Be the Same, reinforces what I wrote in my December 9 e-mail. Here’s an excerpt from the article: Dr. Doblin’s quest to win mainstream acceptance of psychedelics took a significant leap forward on Monday when […]

Breaking Down the One of the Most 'Disappointing' Jobs Reports of All Time

By Berna Barshay

Empire Financial Daily,
Monday, May 10, 2021
► On Friday, analysts had expected the U.S. to add 1 million new jobs in April, but the number came in at just 266,000… The big miss prompted the economic research director at employment website Indeed to comment, “This might be one of the most disappointing jobs reports of all time.” Economists were looking for […]

How I Found What Could Be the First 10-Bagger in Empire Financial Research History

By Enrique Abeyta

Empire Financial Daily,
Saturday, May 8, 2021
Editor’s note: For this week’s Weekend Edition of Empire Financial Daily, we’re sharing a bit of investing wisdom from our colleague Enrique Abeyta. In it, he explains how he and his team look for stocks with multibagger long-term upside potential… In my Empire Elite Growth service, my team and I are willing to patiently wait […]

The Update Issue: Peloton's PR Whiff, Broadway Sets Its Opening Night

By Berna Barshay

Empire Financial Daily,
Friday, May 7, 2021
► It hasn’t been a great week for home fitness company Peloton (PTON)… On Wednesday, Peloton shocked the markets by issuing a recall of its treadmills and putting sales on hold for both its legacy Tread and the Tread+, the newer model released last year. The moves follow a warning from the Consumer Product Safety […]

Hunt for Next Crypto Winner; Dogecoin Is Up Because It's Funny; Cathie Wood's Ark Battered by Selloff; Four comments on bitcoin; At Home being acquired; Hertz is up 123% in the past two weeks

By Whitney Tilson

Whitney Tilson's Daily,
Friday, May 7, 2021
1) I’m not calling a market top yet, but it would be hard to find a better sign that we’re getting close (maybe six months?) than the rampant speculation in the cryptocurrency sector, as this story on the front page of today’s Wall Street Journal highlights: Dogecoin’s 12,000% Rally Spurs Hunt for Next Crypto Winner. […]

The Big Business of Mother's Day

By Berna Barshay

Empire Financial Daily,
Thursday, May 6, 2021
► The National Retail Federation (‘NRF’) expects spending on the Mother’s Day holiday to reach $28 billion this year… On average, the 85% of Americans celebrating Mother’s Day are expected to each spend $220 on gifts this year, which is $15 more than what the estimated spend was last year. Back in 2019, average spending […]

U.S. Unemployment Claims Fell; Cars Make a COVID Comeback; Auto shortages leading to skyrocketing car prices; Biden's $4 Trillion Economic Plan, in One Chart; Cheers to Eli Broad; Jeers to the Sackler family

By Whitney Tilson

Whitney Tilson's Daily,
Thursday, May 6, 2021
1) Here’s more evidence this morning that the “mother of all economic booms” is underway: U.S. Unemployment Claims Fell to 498,000 Last Week. Excerpt: Jobless claims dipped below 500,000 last week for the first time during the COVID-19 pandemic as layoffs decline and hiring accelerates… With more than two-fifths of U.S. adults now fully vaccinated, […]

How Will You Know When the Market Party Is Over?

By Enrique Abeyta

Empire Financial Daily,
Wednesday, May 5, 2021
► In late 2019, I started to see increasing similarities to the incredible period of the dot-com bubble in the late 1990s… Specifically, the setup for the market environment looked familiar: long periods of economic expansion, steady and stable economic growth, easy monetary policy, and several exciting new technologies emerging. More recently, those technologies are […]

Diverging trends in the U.S. versus the world; Faltering vaccination campaign; Reaching 'Herd Immunity' Is Unlikely in the U.S.; The roots of vaccine skepticism and how to overcome it; Pressure Mounts to Lift Patent Protections on Coronavirus Vaccines

By Whitney Tilson

Whitney Tilson's Daily,
Wednesday, May 5, 2021
I continue to closely follow the pandemic, sending lengthy e-mails to my coronavirus e-mail list roughly once a week. If you’d like to receive them, simply send a blank e-mail to: [email protected] Below is the e-mail I sent yesterday… 1) Overall, the big picture hasn’t changed since my last e-mail a week ago: cases, hospitalizations, […]

Look for the 'Fat Pitches'

By Enrique Abeyta

Empire Financial Daily,
Tuesday, May 4, 2021
► In yesterday’s Empire Financial Daily, I explained how the efficient-market hypothesis is far from true in the short term… For folks unfamiliar with the hypothesis, this is an academic theory stating that, at any particular point in time, every stock is “perfectly” priced, taking into account all the information available. Any experienced market participant […]

Watching the 'Big Money' for Great Setups

By Enrique Abeyta

Empire Financial Daily,
Monday, May 3, 2021
Editor’s note: We’re taking a brief pause from our normal fare to share a series of essays from our colleague Enrique Abeyta, editor of our excellent Empire Elite Growth service. Enrique is extremely bullish about a “grand reopening” as we put the COVID-19 pandemic in the rearview mirror. And as he explains today, the moves […]

Comments on Berkshire Hathaway and its annual meeting

By Whitney Tilson

Whitney Tilson's Daily,
Monday, May 3, 2021
I attended the Berkshire Hathaway (BRK-B) annual meeting on Saturday – my 23rd in a row (21 in-person and the past two virtual). I can’t wait to return to Omaha, Nebraska, for future meetings (put April 30, 2022, on your calendar)! Yahoo Finance livestreamed the meeting (plus the pre- and post-meeting shows, during which I […]

Why You Shouldn't Sell Yet

By Steve Sjuggerud

Empire Financial Daily,
Saturday, May 1, 2021
Editor’s note: In today’s Weekend Edition, our friend Steve Sjuggerud from Stansberry Research is back… Regular Empire Financial Daily readers will remember his special essay series last week, in which he explained how new political, economic, and social forces have combined to create a “perfect storm” in the stock market. He says we’re in the […]
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.