What is Empire Financial Research?

Founded in 2019 by former hedge-fund manager Whitney Tilson, Empire Financial Research aims to provide advice, commentary, and in-depth research and analysis to help people around the world become better investors.

We're contrarians on the hunt for investment opportunities that Wall Street has overlooked... and we aren't afraid to make bold predictions.

We've compiled an expert team of analysts and researchers who focus on both value and growth investing, short-selling, macroeconomic analysis, and more.

Our commitment to excellence has quickly made us one of the most respected publishers in the financial newsletter industry. Our subscribers include many of the biggest names on Wall Street – including Bill Ackman, Joel Greenblatt, and many others.


Who is 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 spent much of his childhood in Tanzania and Nicaragua (his parents, both educators, were former Peace Corps volunteers who have since retired to Kenya). As a young child, he was part of the famed Stanford "marshmallow test."

Tilson graduated magna cum laude from Harvard College in 1989 with a bachelor's degree in government. 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.

An accomplished writer, Tilson has co-authored two books – The Art of Value Investing: How the World's Best Investors Beat the Market and More Mortgage Meltdown: 6 Ways to Profit in These Bad Times – and was a contributing author to Poor Charlie's Almanack, the definitive book on Berkshire Hathaway Vice Chairman Charlie Munger.

Tilson has also written for Forbes, the Financial Times, Kiplinger's, the Motley Fool, and TheStreet. He was featured in two 60 Minutes segments – one in December 2008 about the housing crisis, which won an Emmy, and another in March 2015 about Lumber Liquidators. Tilson has appeared dozens of times on CNBC, Bloomberg TV, and Fox Business Network, and has been profiled by the Wall Street Journal and the Washington Post.

In his spare time, Tilson is involved with a number of charities focused on education reform and Africa. For his philanthropic work, he received the 2008 John C. Whitehead Social Enterprise Award from the Harvard Business School Club of New York. He was a member (and served as chairman) of the Manhattan chapter of the Young Presidents' Organization.

Tilson is an avid mountaineer, having climbed Mt. Kilimanjaro, Mt. Blanc, the Matterhorn, and the Eiger. He also competes in obstacle course races regularly and is the all-time record-holder in the 50-and-up age group at the 24-hour World's Toughest Mudder, having completed 75 miles and nearly 300 obstacles in 2016. Tilson currently lives in Manhattan with his wife and three daughters.


I am new to Empire Financial Research. Where should I start?

If you'd like to learn more about Empire Financial Research and who we are, please visit our About page.

The archive allows you to search for and read through past issues of Whitney Tilson's Daily and Empire Financial Daily. The Whitney's Favorites tab includes some of his biggest calls over the years, and the Coronavirus tab includes his commentary and analysis of the pandemic.

If you have a question or concern, please reach out to our customer service team at 800-961-2618, where a college-educated representative will assist you.


How can I access my Empire Financial Research subscription content?

To access your subscription materials, log in by clicking the "Subscriber Login" button located in the upper-right corner of the Empire Financial Research website.

After clicking, you will need to enter the e-mail address and password associated with your account. Once you're logged in, you'll be taken to the subscribers-only portion of the Empire Financial Research website.


My login information isn't working. What should I do?

If your e-mail address and password combination isn't working, click the "Forgot Password?" link, which will prompt you to reset your password. If you still can't log in after that, please call our customer service team at 800-961-2618 Monday through Friday between 9 a.m. and 5 p.m. Eastern time.


Can you answer my question about an individual stock?

We're prohibited from offering individual investment advice. Because we are financial journalists – and not advisers or brokers – our newsletters and research are meant to make you aware of investment opportunities we've identified.


What will an Empire Financial Research charge look like on my billing statement?

Depending on your bank or credit card, a charge from Empire Financial Research can appear as "SR* Empire Financial" or simply "Empire Financial" on your credit card statement.

How do I open a brokerage account? 

Our good friends at Stansberry Research put together an excellent guide on how to open a brokerage account, which includes a section on how to select a broker. They've graciously allowed us to repost it to the Empire Financial Research website. Empire Stock Investor subscribers can view it right here.