Is Empire Stock Investor by Whitney Tilson Legit?

Empire Stock Investor is the flagship financial newsletter offered by Empire Financial Research.

You have probably encountered it if you’ve seen a recent presentation by Whitney Tilson with the heading “Have You Heard of “TaaS”?”

Either way, you are probably having trouble deciding whether it is a good investment newsletter worth spending money on.

In this article, we will discuss the investment strategy Whitney and his analysts use to provide investment recommendations to the people who subscribe to the newsletter.

We will also go through the benefits you get as a member.

No.1 recommendation….

Want to see my no.1 recommendation for making money online?

This made us 6-figures in the last 3 months:

Go here to see my no.1 recommendation for making money online

Go Here To See My No.1 Recommendation!

Table of Contents

What is Empire Stock Investor?

The Empire Stock Investor is run by Whitney Tilson and Enrique Abeyta. Although Whitney appears to be the face of the newsletter (from the presentations), Enrique also plays a part as stated on the official website:

“Each month, co-editors Whitney Tilson and Enrique Abeyta tap into their 50-plus years of combined experience on Wall Street to recommend a world-class investment opportunity to help readers safely grow their wealth.”

They started the newsletter to provide retail investors with regular investment recommendations, typically each month.

As for the investment strategy, they only take long positions (no short-selling).

They concentrate on large-cap, established US-based companies that have the potential to earn large returns in three-five years (Although they consider that long-term, some may consider it short- or medium-term).

They recommend that you dedicate at least $1,000 to each position you open.

They chose to use this approach as it offers stability.

That being said, sometimes they recommend value stocks. These are typically companies with good fundamentals that you can buy relatively cheaply (compared to their other recommendations).

The upside potential is usually higher but you have to assume greater risk.

Have you heard of TaaS?

To market the Empire Stock Investor to prospective subscribers, Whitney released a presentation where he touted a “massive, inevitable, and booming trend.”

He was promising his listeners that there were massive profits to be made from investing in Transport as a Service (TaaS):

“It could put up to an extra $5,600 back in your pocket each year.

And will create more new millionaire investors than anything else on the planet.”

The point he was trying to put across was that electric vehicles and autonomous cars are set to dominate the automobile industry. He was proposing that you invest in the fledgling companies involved.

He also emphasized that time was of the essence and that you ought to invest in the new trend before it hits the news. He promised new subscribers three special reports detailing the investments. They were:

The No. 1 Way to Profit on the Electric Vehicle Boom
The Three Critical Driverless Car Technologies You Must Own Today
The TaaS Speculation – How to Quadruple Your Money in the Next Few Years

Who is behind the Empire Stock Investor?

As we’ve established, Whitney Tilson and Enrique Abeyta run the newsletter together. Therefore, I shall profile them:

Whitney Tilson

Whitney is the CEO of Empire Financial Research, which is an independent publisher of financial advice. He is also the founder of the firm. In addition to the Empire Stock Investor, he edits the Empire Investment Report.

He graduated from Harvard College with a bachelor’s degree in government. He then attended the Harvard Business School where he earned an MBA, graduating in the top 5% of his class. In between his undergraduate and graduate studies, he was a consultant at the Boston Consulting Group.

Before he started Empire Financial Research, he founded Kase Capital Management. It managed two mutual funds and three hedge funds. The AUM grew from $1 million to $200 million.

He is a published author. He has co-written two books: The Art of Value Investing and More Mortage Meltdown. He also contributed to Charlie Munger’s book, Poor Charlie’s Almanack (Charlie is the no.2 at Berkshire Hathaway).

He has written op-eds for Forbes, Kiplinger’s, The Motley Fool, and the Financial Times. He was also featured on the program, 60 Minutes.

Enrique Abeyta

Enrique edits the Empire Elite Trader. He joined the firm in 2019,

He attended the University of Pennsylvania and Wharton School of Business. During his time in college, he helped found the Wharton Fellows Fund, an endowment fund run by students. He was also the head of research at Pennsylvania Investment Alliance.

After school, he started and/or run a couple of Wall Street firms for 20 years. For example, he co-founded and ran Stadia Capital whose AUM surpassed $1.7 billion at one point. He later founded 360 Global Capital Hedge Fund whose AUM peaked at $260 million.

During his money management days, he outperformed the S&P 500 for ten years in a period that included two major recessions.

What you get for subscribing to Empire Stock Investor

When you sign up for the Empire Stock Investor, you are entitled to:

An issue of the newsletter on the first Wednesday of each month.
Access to the perfect portfolio.
Access to the archive containing all the previous special reports that have ever been sent to subscribers.
A free subscription to Whitney’s daily newsletter, the Empire Financial Daily.

The Subscription Fee and Guarantee

The annual subscription fee as I write this is $49, which is a markdown from the usual $199.

It comes with a 30-day money-back guarantee.

Empire Stock Investor Conclusion

Having read that, I hope you are in a better position to judge whether subscribing to Empire Stock Investor suits your style.

By that I mean that if you are a risk-averse investor who prefers stability (with relatively assured but lower returns) to high-risk, high-reward gambles, the newsletter may be of help to you.

Bear in mind that on occasion, they recommend value stocks that trade at lower prices but offer higher upside potential.

Before you go…