Hello and welcome to my review of Empire Investment Report.
I discovered Whitney Tilson’s Empire Investment Report while researching another one of his services a while back. It’s a $3,000 investing advisory service that, according to Whitney, is based on the same stock picking methodology that helped him turn $1M into $200M.
Is it the real deal?
Empire Investment Report is definitely a legitimate service, and it’s run by one of the most well-regarded investing gurus of our time. And even though it costs $3K per year, Whitney is known for picking stocks with huge upside potential, so it could more than pay for itself over time.
In this article, I’ll show you what this service is all about and how it works, as well as give you some background into Whitney, to help you decide if this is right for you.
What Is Empire Investment Report?
Empire Investment Report is a monthly investing newsletter service run by Whitney Tilson of Empire Financial Research. As a member, you get access to 12 monthly issues of the newsletter, with each issue outlining a new stock idea and providing you with a detailed breakdown as to the company behind the stock and why Whitney believes it’s worth investing in.
The types of stocks Whitney recommends are small- and mid-cap stocks, meaning stocks with a market capitalization of less than $10 billion. And these are longer term plays that typically last for two to three years at a time, so it’s quite a passive investing strategy.
According to Whitney, this is the same strategy he used to take his hedge fund (Kase Capital Management) from $1 million to over $200 million in assets under management.
So even though $3,000 is a fair amount of money to hand over for some stock ideas, Whitney has an extensive track record of success, so this is a cut above most newsletters out there.
Whitney has a unique ability to predict major market movements, both up and down, and profit in virtually any market environment. For example, according to the Empire Financial Research website, he “predicted the dot-com crash, the housing bust, the 2009 stock bottom, the 3D-printing and cannabis bubbles, bitcoin’s collapse, and more.”
And he says he brings that same knowledge and experience to the Empire Investment Report, to help his subscribers double or triple their money with every stock pick, within a few years.
How Does Empire Investment Report Work?
The way Empire Investment Report works is pretty straightforward.
The idea is to signup to the service on the Empire Financial Research website, and use what you learn within the members area and monthly newsletters, to create your own portfolio.
Each month, for 12 months, members receive a detailed newsletter which outlines Whitney’s latest stock idea, as well as a full breakdown of the company behind it. He also provides insight into why he’s chosen the stock and what price he recommends buying.
On top of this, you also get access to a special report entitled “The Empire Investment Primer” which shows you how to get started, as well as access to the full archive of special reports and videos that Whitney has released.
Not to mention, as a member, you get regular updates on what’s happening with the model portfolio, so you’re always kept update and informed.
The cost of joining the service is $3,000 and there’s a 30 day money back guarantee in place, so if you’re not happy with the service during your first 30 days you can request a refund.
Who’s Whitney Tilson – Legit Investing Guru?
Whitney Tilson is the founder and CEO of Empire Financial Research, a well-known and respected financial publishing company based in the United States.
His investing career dates all the way back to the late 80’s.
After graduating from Harvard College in 1989, Whitney helped launch “Teach for America” and spent a couple years consulting for the Boston Consulting Group. And in 1994, he earned his MBA from Harvard Business School.
Soon after, he founded a hedge fund known as Kase Capital Management with only $1 million in startup capital, and turned that into $200 million.
Along the way he managed to earn himself the title of the “prophet” of investing, given how well some of his calls have played out over the years. For example, during the financial crisis of 2008 and other economic downturns, he made some noteworthy calls.
And of course, all of this gained him the attention of popular media outlets like 60 Minutes, Fox Business Network, CNBC and Bloomberg TV for example.
Not to mention, he’s co-authored books like “The Art of Value Investing: How the World’s Best Investors Beat the Market” and written for the Motley Fool, Forbes and the Financial Times among others.
More recently, in 2019, he founded financial publishing company Empire Financial Research, where he and his team, including Enrique Abeyta, share their investing insights with those who subscribe to the newsletter services the company publishes.
Bottom Line: Is Empire Investment Report Worth It?
Empire Investment Report is all about longer term value investing, which is the kind of investing guys like Warren Buffet and Charlie Munger are famous for.
So if you have $3,000 to purchase a subscription and you like the idea of buying undervalued stocks that could double or triple your money, this could be worth checking out.
Just keep in mind that there are no guarantees you’ll make money, and Whitney does recommend investing at least $1,000 per recommendation, which typically lasts for two or three years.
So it’s probably not for people who are strapped for cash, or who are looking for a quick way to make money. This is more of a longer term thing that requires some upfront capital.
Either way, I think as long as you’re aware that nothing is guaranteed, this service could be well worth a look depending on your goals and circumstances.