My colleague Herb Greenberg came from a modest background... The son of a furniture salesman and a social worker, he didn't grow up surrounded by wealth. "To be completely honest, I had zero knowledge of the stock market other than the Dow Chemical stock I inherited from my grandfather," Herb once admitted. In fact, he kind of fell into the world of finance by accident in one of the more serendipitous moments of his career... one that led him along a path where he has been fortunate enough to help both institutional and retail investors make – and avoid losing – large sums of money. The way Herb tells it, his father was a Depression-era 'casualty' forced to drop out of college to help his family... His family wasn't wealthy, and he wasn't raised around investing or stocks. But in the 1980s, Herb's dad took a liking to a hamburger chain called Fuddruckers. He had read something positive about the company, so he bought some stock. He didn't want to miss out on the next big thing. But
Wednesday, January 25, 2023
Wednesday, January 25, 2023
1) My colleague Herb Greenberg has a track record dating back three decades of warning his readers about fads, frauds, and other risks in the markets – so accurately that I don't think it's hyperbole to say veteran investors think he's a legend... I've been following Herb since the late 1990s when I first started […]
Tuesday, January 24, 2023
I was flying back to San Diego on Delta Air Lines (DAL) the other day and had to transfer in Atlanta, when it dawned on me... Southwest Airlines (LUV) isn't the only air carrier that has underspent on technology. That's the only explanation for what happened to our flight. First, moments from when we were […]
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In each issue of the Empire Investment Report, Whitney Tilson and his team share their top investment recommendations, ideas, predictions, and warnings.
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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 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.
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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
