By Mason Sexton
Editor's note: Today in Empire Financial Daily, we're sharing an essay from Mason Sexton – founder and chief investment analyst of our corporate affiliate New Paradigm Research... Mason began his career on Wall Street after graduating from Harvard Business School – working with firms like Morgan Stanley, Salomon Brothers, and Mabon Nugent & Company. He […]
By Whitney Tilson
1) Today, I'd like to highlight recent interviews with three great investors I admire that I enjoyed and learned from... Let's start with Patrick O'Shaughnessy's interview of my old friend Lee Ainslie, the founder of hedge Maverick Capital. Summary: Lee started his investing career at Tiger Management where he worked for Julian Robertson. In 1993, […]
By Herb Greenberg
It has never been easier to lose money in the stock market... Between special purpose acquisition companies ("SPACs"), meme stocks, cryptocurrencies, and now artificial intelligence ("AI"), investors seem to be chasing one bubble after the next. And each one ends the same way... and it's not with the air slowly seeping out. Yet, it's happening […]
By Whitney Tilson
1) Here are two articles in today's Wall Street Journal about what the Fed is likely to do... First, on the front page, is this story: Why a Soft Landing Could Prove Elusive. Excerpt: On the eve of recessions in 1990, 2001, and 2007, many Wall Street economists proclaimed the U.S. was on the cusp […]
By Andrew Zatlin
Editor's note: In today's edition of Empire Financial Daily, we're sharing an essay from our friend and colleague Andrew Zatlin – a trained economist and top-ranked financial forecaster – over at our corporate affiliate Moneyball Economics... Earlier this month, representatives from most of the world's top economies, a group known as the G20, met to […]
By Whitney Tilson
1) In Friday's e-mail, I wrote this about Walter Isaacson's new book, Elon Musk, which I was halfway through: Trust me, whether you love Musk or hate him (there appears to be nobody in between), read – or listen – to the book. Like its subject, it's endlessly fascinating, inspiring, and infuriating... Over the weekend, […]
By Enrique Abeyta
In today's essay, let's discuss what's happening in one of the major factors in our financial lives... I'm talking about jobs. We'll probably be hearing a lot about the jobs market in the coming months – in particular because the jobs market in the U.S. has seen a period like it has never seen before […]
By Herb Greenberg
Now that the initial public offering ('IPO') calendar is heating up, a word of warning before you get too excited about all those reported sales numbers... At some companies, they may very well be an illusion. You just have to search for details on reported sales, and don't expect the companies to make it easy... […]
By Whitney Tilson
1) I just did a 30-minute interview with Money Life With Chuck Jaffe, which you can listen to here. Summary: Whitney Tilson, founder and chief executive officer at Empire Financial Research, says he expects the market to be flat to slightly up for the remainder of 2023 – gaining about 5% on top of the […]
By Michael Robinson
Editor's note: Today in Empire Financial Daily, we're sharing another essay from tech guru Michael Robinson over at our corporate affiliate Trend Trader Daily... Forty years ago, I had the chance of a lifetime... As a young reporter covering automotive trends for the Detroit News, I was invited on a European tour to meet with […]
By Whitney Tilson
1) I'd summarize yesterday's inflation report for August as "steady as she goes"... While the headline on the front page of today's Wall Street Journal, Increase in Pump Prices Boosts Inflation, sounds scary, in reality core prices – excluding volatile food and energy items – only rose 0.3% from the previous month and 4.4% year […]
By Herb Greenberg
I have this saying that we're all making it up as we go along, with some people simply better at bluffing than others... Some call that imposter syndrome, but it's really little more than what occurs if you push yourself so far that you rise to the level of your incompetence… hopefully knowing when you've […]
By Whitney Tilson
1) In yesterday's e-mail, I shared the story of how one of the main reasons I was able to achieve so much success in the investment business (before ultimately screwing it up), despite not having "the requisite personal experience or learning from others," was that I did my best to learn from great investors like […]
By Michael Robinson
Editor's note: Today in Empire Financial Daily, tech guru Michael Robinson from our corporate affiliate Trend Trader Daily is back – this time, to share the details about an important technology with the potential to protect a key aspect of our web-centric economy... A few weeks ago, my TV at home bought the farm... The […]
By Whitney Tilson
Broadly speaking, there are only two ways to learn things: personal experience or learning from others. While doing things yourself is generally the most effective way to learn, it can also be the most costly – witness the calamitous results when people (generally overconfident men) try to invest, start a business, ski down a triple-black-diamond […]
By Herb Greenberg
Since I started the Red Flag Alert, I've been experimenting with various ways to source ideas of stocks to avoid... As a quick refresher, I do these alerts after spending decades building a reputation largely on reminding investors of the risk buried in the hype. It's something I think about whenever I'm recommending a stock […]
By Whitney Tilson
1) Empire Partner Michael C. recently sent in this e-mail: Besides investment advice and education, what with your book on playing defense to be successful in life and your newsletters, you are like a money matter coach and even a life coach. I don't believe you have ever touched on this topic. Curious to hear […]
By Michael Robinson
Editor's note: Today, we're sharing insights from tech guru Michael Robinson over at our corporate affiliate Trend Trader Daily... Michael is a longtime Silicon Valley insider who has worked with or consulted for companies like Boeing, FedEx, Chrysler, and McAfee. His work has appeared in the Wall Street Journal and the New York Times and […]
By Andrew Zatlin
Editor's note: Today in Empire Financial Daily, our friend and colleague Andrew Zatlin from our corporate affiliate Moneyball Economics continues the conversation on China – this time, with the beneficiaries of a meltdown in the country's economy... Yesterday, I revealed to you that China is about to collapse... As I explained, the country's economy is […]
By Whitney Tilson
1) My friend Julia La Roche recently interviewed my college buddy Bill Ackman of Pershing Square Capital Management... You can stream it on your favorite podcast app or watch it on YouTube here: Bill Ackman On Activist Investing, The Economy, and Learning From Mistakes. Here's a summary and index: Billionaire investor Bill Ackman, CEO of […]
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Each week in Empire Elite Trader, Enrique sends subscribers his favorite trading idea (or two) and commentary on the market. In addition, he sends out occasional urgent “buy alerts” to readers when he finds a trade that just can’t wait.
