How I Turned Empire Financial Research Into a Newsletter Powerhouse in Just Three Years

A key element of my long-term plan to build Empire Financial Research is to persuade the most talented investors I know to join our team... My longtime friend Enrique Abeyta was the first addition, and he's been a grand slam. Enrique joined Empire in mid-2019 after a 20-plus-year career in finance. He was the founder […] Not rendering correctly? View this e-mail as a web page [here](. [Empire Financial Daily Weekend] How I Turned Empire Financial Research Into a Newsletter Powerhouse in Just Three Years By Whitney Tilson A key element of my long-term plan to build Empire Financial Research is to persuade the most talented investors I know to join our team... My longtime friend Enrique Abeyta was the first addition, and he's been a grand slam. Enrique joined Empire in mid-2019 after a 20-plus-year career in finance. He was the founder and managing partner of two long/short equity hedge funds – 360 Global Capital and Stadia Capital – as well a member of the launch team of Falcon Edge Capital. He also served as a portfolio manager/analyst, business owner/operator, and head of risk management and marketing for various firms. In those various roles, Enrique built a track record that strongly and consistently outperformed the S&P 500 Index and, most impressively, earned positive returns through the bursting of the dot-com bubble and the global financial crisis. Enrique is the most unique thinker I've ever encountered in my two decades in the hedge-fund business... Perhaps this comes in part from his background. As he describes it, he grew up as a "poor Mexican/Uruguayan kid from Arizona." He was a brilliant student and natural leader (he was student body president of his high school class and was voted "most likely to succeed"), so he could write his ticket to any college. He chose to attend the Wharton School of the University of Pennsylvania because "being poor sucked" and he wanted to go directly to Wall Street – which is exactly what he did. As regular readers know, Enrique is neither a value nor growth investor... He's a stone-cold moneymaker. He'll buy beaten-down, old economy big caps or high-growth tech small caps – he doesn't care. He just has a nose for stocks that will go up. It's simple in concept, but difficult to pull off... He does superior in-depth research that would make any value investor proud, but then layers in momentum and technical factors like the relative strength index. He has a huge investing tool kit and applies it well. Since joining us, Enrique has launched his short-term trading service, Empire Elite Trader... his long-term, buy-and-hold Empire Elite Growth newsletter... Empire SPAC Investor, which focuses on buying high-quality companies that came public via special purpose acquisition companies... his options-trading service, Empire Elite Options... and most recently, Empire Elite Crypto, which remains in "beta testing" and is available only for members of our lifetime Empire Financial Partnership. --------------------------------------------------------------- Recommended Links: [Top accountant: Where next wave of money is headed]( U.S. Pentagon consultant says next big wave of money headed to an asset you've probably never heard of – not digital technologies, gold, cryptos, or oil. [Click here to learn more](. --------------------------------------------------------------- [The Sell-off Has Opened a '100% Backdoor']( The massive shake-ups this year have opened a once-in-20-years backdoor that could transfer money from Wall Street's wealthiest investors into your account... Discovered by a man whose exposés in Fortune, the SF Chronicle and TheStreet.com have brought him death threats. [Click here to learn more](. --------------------------------------------------------------- A year later, we added another old friend and two-decade veteran of the hedge fund world, Berna Barshay, to our team... Berna earned a bachelor's degree from Princeton and then an MBA from Harvard Business School in 1997. I know a lot of people with fancy degrees who blew up in 2002 and 2008 as the Internet and housing bubbles burst. But not Berna – she made money in both years! How has she been so successful? Well, she's smart, experienced, and rational, to be sure, but so are a lot of folks. But there's one thing that makes her stand out in this male-dominated industry: She's a woman! And she focuses on sectors in which 80% of consumer purchase decisions are made by women, yet over 90% of investment decisions are made by men. Berna has been exploiting that gargantuan market inefficiency in her paid service, Empire Market Insider, as well as her fantastic Empire Financial Daily e-letter, where she recommended three of the top five best-performing stocks of 2020 – payments company PayPal (PYPL), online marketplace Etsy (ETSY), and women's retailer L Brands (which went on to split into two separate publicly traded entities). She's also given her 200,000-plus free readers numerous profitable stock recommendations, including gains as high as 341% on L Brands, 266% on Revolve (RVLV), 249% on The Children's Place (PLCE), 251% on Peloton (PTON), 130% on Fiverr (FVRR), and 80% on Nordstrom (JWN), to name a few. Finally, this past October, I was absolutely thrilled to announce our latest addition, my longtime friend Herb Greenberg, to the Empire Financial Research team... Herb is a legend in the investing community for his 40-plus-year career as an investigative business journalist, during which he famously exposed wrongdoings at biotech company Valeant Pharmaceuticals – later renamed Bausch Health (BHC) – as well as security company Tyco, which went out of business several years later. I remember discovering Herb when I was first learning about investing in the late 1990s, a few years before I launched my first fund in 1999. He was the daily business columnist for the San Francisco Chronicle, and in the run-up to one of the biggest bubbles of all time, the Internet bubble, Herb was uncovering and exposing fraud after fraud. He was one of the first to raise red flags over Chinese reverse mergers, which drew the scrutiny of the U.S. Securities and Exchange Commission six months after his piece. He shined the light on the sketchy for-profit education sector, pointing out how they fleeced students before the U.S. enforced new, tighter rules on them. And he published various investigative documentaries on companies like Herbalife, which the U.S. government later fined and forced it to change its business model. Herb and I became friends after I got into the business and subscribed to his first research service. We've crossed paths many times over the years, most notably when we were both columnists at TheStreet.com and contributors at CNBC. Not surprisingly, given his unparalleled Rolodex in the investment community, he also independently had relationships with my colleagues Enrique Abeyta and Berna Barshay, who were as delighted as I was to hear that he was joining our team. Herb is a gem of a person, has exceptional personal and professional integrity, is a dogged researcher, a brilliant writer, and has an especially good nose for hype and fraud – which is particularly valuable in today's markets. For the first five months, Herb has written twice-weekly columns for Empire Financial Daily. They've been fantastic, must-read pieces. He'll continue to do so... But now, I'm excited for the official launch of his paid newsletter, Herb Greenberg's Investment Opportunities. As we always do, we'll be launching Herb's newsletter with a huge bang... The []2022 Wall Street Exposé will air on Thursday, March 24 at 8 p.m. Eastern time. There, Herb and I will sit down and explain how a "backdoor" in the massive shakeup we're seeing in the market this year is offering the chance to create serious wealth. Everything from the conflict with Russia to historic inflation is opening this "backdoor" in a way we haven't seen in two decades. This could be the biggest untold investment story of 2022. I hope you'll join us for this historic event... and it's totally free to attend. In fact, just for tuning in, Herb will even give away the name and ticker symbol of a free recommendation – no credit card required. [You can reserve your seat ahead of time by clicking here](. Best regards, Whitney Tilson March 19, 2022 If someone forwarded you this e-mail and you would like to be added to my e-mail list to receive e-mails like this every weekday, simply [sign up here](. © 2022 Empire Financial Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Empire Financial Research, 601 Lexington Ave., 20th Floor, New York, NY 10022 [www.empirefinancialresearch.com.]( You received this e-mail because you are subscribed to Empire Financial Daily. [Unsubscribe from all future e-mails](