Podcast appearances and mentions of Whitney Tilson

Nachum interviews NYC Mayoral Candidate Whitney Tilson and he presents Elliot Weiselberg with the YLS Update, great Jewish music, the latest news from Israel and Morning Chizuk with Rabbi Dovid Goldwasser.

Whitney Tilson, NYC mayoral candidate and former hedge fund manager, talks about his candidacy for NYC mayor ahead of the Democratic primary next week.See omnystudio.com/listener for privacy information.

Whitney Tilson, a newcomer to politics, is trying to make a splash in the crowded Democratic race for mayor. A successful investor, civic activist and lifelong Democrat, Tilson sat down with NY1's Errol Louis to discuss his decision to run for mayor and try to shake up the political establishment. The episode marks the fourth installment of the “You Decide” mayoral candidate interview series. Tilson highlighted his plans to improve city safety, affordability, education, housing and homelessness. He also discussed his background in education reform and hedge fund management, detailing his influence on charter schools and political activism. Tilson also provided insights into tackling New York City's housing crisis and effective investment strategies. The episode concludes with a discussion of Tilson's upbringing and his parents' dedication to public service. Join the conversation, weigh in on X using the hashtag #NY1YouDecide or give us a call at 212-379-3440 and leave a message. Or send an email to YourStoryNY1@charter.com.

“Fusion… unlocks 20 to 100 million times more energy than traditional energy sources like coal or oil or gas,” says Whitney Tilson, lead analyst for Stansberry Investment Advisory and a 2025 New York City mayoral candidate. In a conversation with Daniela Cambone, Tilson shares his conviction that nuclear fusion—what he calls Amazon Helios—will be a revolutionary energy source poised to transform humanity in the coming years.. Fusion is not only ultra-efficient, he explains, but also runs on hydrogen, “the most abundant element in the universe.” He predicts this new energy breakthrough will disrupt the global energy economy and render traditional energy sources like oil, gas, and coal “losers.” Tilson also discusses his political ambitions and his mission to address New York City's long-standing issues. Key Facts:Why Fusion Could Surpass the Industrial Revolution and AIThe energy breakthrough catching the attention of Bezos and ZuckerbergWhitney Tilson on discovering "Amazon Helios"What will S&P be headed?

Outrage! Google Eschews Easter “Doodle” for 25th Year in a Row! | DNC Vice Chair David Hogg's Plan to Fund Primary Challengers Ignites Party Civil War and Blood Feud with James Carville | NYC Mayoral Candidate Whitney Tilson's Cringeworthy New Video | If You're on a Dating App, Chances Are You've Been ‘Hatfished' | Why Women Don't Want to Date a ‘Red Pill Man', Especially Among Gen Z debatemecoward.com  

In this new installment of The Race to Gracie Mansion, Bradley and Tom quiz investor and education reformer Whitney Tilson on his effort to position himself as the pro-growth, pro-business candidate. The best way to fix New York's affordability crisis, Tilson argues, is by making the city a place where private investment thrives. He promises to tackle housing, schools, and crime with pragmatic reforms—streamlining regulations, welcoming charter schools, and restoring public order—while standing up to entrenched political interests like unions and career politicians.This episode was taped at P&T Knitwear at 180 Orchard Street — New York City's only free podcast recording studio.Send us an email with your thoughts on today's episode: info@firewall.media.Subscribe to Bradley's weekly newsletter, follow Bradley on Linkedin + Substack + YouTube, be sure to order his new book, Vote With Your Phone.

Whitney Tilson, former hedge fund manager and NYC Mayoral candidate discusses what policy he hopes to achieve if elected. He speaks with Bloomberg's Tom Keene and Paul Sweeney.See omnystudio.com/listener for privacy information.

Mayor Eric Adams announced Thursday he's skipping the June Democratic primary and instead running for reelection as an independent candidate. In a campaign video, Adams said his legal troubles had prevented him from mounting a legitimate Democratic primary campaign. The announcement comes a day after a Manhattan judge dismissed the federal corruption case against the mayor. NY1 investigative reporter Courtney Gross, political reporter Bobby Cuza and political director Bob Hardt break down a very eventful week in the race for mayor. After that, the “Off Topic” team begins its weekly series of profiles on Democratic mayoral primary candidates. The first installment looks at Whitney Tilson, focusing on his background, campaign positions on crime, housing and education, and his political strategy. Leave a message: 212-379-3440 Email: yourstoryny1@charter.com

Whitney Tilson, former hedge fund manager and philanthropist, talks about his campaign for the Democratic nomination for NYC mayor in the June primary election.

Looking at the "different flavors of career politicians" running in the Democratic mayoral primary, "I didn't see anyone who could be independent of the machine that runs this city," said former hedge fund manager Whitney Tilson. So he entered the race himself "to try and bring my party back to the center." In a wide-ranging sit-down interview with FAQ NYC hosts Christina Greer, Katie Honan and Harry Siegel — the latest in the pod's series of interviews with the candidates — Tilson explained why "it needs to be against the law for anyone to sleep in our public spaces," laid out his plans for a more efficient and accountable government, and argued that "our school system has a structural, systemic problem."

Whitney Tilson, editor at Stansberry Research, says that while there are reasons to be nervous, the market remains near record-high levels and is not showing signs that it is over-inflated and ready to burst. Tilson notes that fundamentals are strong and the U.S. has the best-performing economy in the world, so investors have correctly priced stocks at rich levels; while that makes it harder for Tilson — a value investor — to find great companies that the market has knocked down or mispriced, it doesn't make the market scary or mean that a big downturn is building. Todd Rosenbluth, head of research at VettaFi, pursues a big yield in an unusual place — the high-flyers of the NASDAQ — with his ETF of the Week, and Cullen Roche, chief investment officer for the Discipline Funds, talks about exchange-traded funds for the long haul in the Market Call.

Who will be the next mayor of New York City? Don Lemon sits down with two of the candidates to explore their vision for the city's future. First up, Former New York Assembly Member and DNC Vice Chair Rev. Michael Blake shares his comprehensive plan for tackling the city's biggest challenges. Then, longtime Democratic Party donor and philanthropist Whitney Tilson presents his perspective and solutions for moving New York forward. You won't want to miss this! Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of #TheFinestUnfiltered John & Eric sit down with NYC Mayoral Candidate Whitney Tilson. Link to learn more about Whitney or donate to his campaign https://www.whitneyformayor.com/ To follow Whitney on social media https://x.com/WhitneyTilson https://www.instagram.com/whitneytilsonofficial/?hl=en https://www.facebook.com/people/Whitney-for-Mayor/61569985169058/ https://www.youtube.com/@whitneytilsonofficial https://www.tiktok.com/@whitneyformayor Related Articles: https://nypost.com/2025/01/14/business/bill-ackman-backs-fellow-hedge-fund-billionaire-whitney-tilson-for-nyc-mayor/ For any financial or investment advice please contact LaidLaw Blue at 888-901-2583 (Blue) or visit them online at https://laidlawwealthmanagement.com/laidlaw-blue/ tell them your friends at #TheFinestUnfiltered sent you.

Learn more about your ad choices. Visit megaphone.fm/adchoices

In our exclusive interview, Whitney Tilson, former hedge fund manager turned first-time political candidate, shares his perspective on the challenges facing New York City and the bold solutions he believes are necessary. Tilson presents his case for why fresh leadership is needed — promising to tackle crime, affordability, and economic decline with a pro-business, no-nonsense approach. From cutting violent crime by 50% to building ample affordable housing units, Tilson is doubling down on big ideas and data-driven solutions. As a self-identified political outsider, Tilson shares how his decades of business expertise and advocacy work (from NYC education reform to raising $18M for Ukraine) uniquely position him to lead the city back to prosperity. But can a first-time candidate overcome entrenched political interests and an uphill battle for voter turnout? In this episode, we explore: Making NYC a friendly place for small businesses The challenges of NYC's affordability and housing crises Strategies for cutting crime and reforming bail policies Lessons from Houston's success in tackling homelessness Why business-friendly policies are critical for NYC's comeback and more

Founder of Kase Capital Management Whitney Tilson discusses his NYC mayoral bid, the Democratic party, and US politics in general. Tilson spoke with Bloomberg's Tom Keane and John Tucker.See omnystudio.com/listener for privacy information.

Hey there Lemon Heads! Join Don this evening to dive into all the biggest news of the day. With all the buzz surrounding the presidential election and Donald Trump's outrageous cabinet picks, it has been easy to overlook more local political races. New York City's 2025 mayoral race is shaping up, with some familiar names in the running. Tonight, Don is joined by one of such candidates, long-time Democratic party donor Whitney Tilson. Tune in for a conversation you won't want to miss! Learn more about your ad choices. Visit megaphone.fm/adchoices

This is it! The 2024 presidential election is coming to a close. America will decide if Donald Trump or Vice President Kamala Harris will be the next president of the United States. Tonight, Don will be joined by Co-Hosts Godfrey the Comedian, the Founder of All In Together, Lauren Leader, and long-time Democratic party donor, Whitney Tilson! You won't want to miss this! Learn more about your ad choices. Visit megaphone.fm/adchoices

Hey there Lemon Heads! Join Don for a LIVE analysis following the Vice Presidential Debate to break down everything we just saw. Don will be joined by the Executive Producer of "Louder: the Soundtrack of Change," Abe Gurko, the Host of 90 Days with Ana Marie Cox, Ana Marie Cox, the Host of the Pushing the Limits podcast, Brian Shapiro, and long-time Democratic party donor, Whitney Tilson. They will break it all down and dive into what this means for the upcoming presidential election. You won't want to miss this! Learn more about your ad choices. Visit megaphone.fm/adchoices

Former fund manager turned financial journalist Whitney Tilson shares lessons learned from knowing and studying great investors Warren Buffett, Charlie Munger and Bill Ackman. --- Support this podcast: https://podcasters.spotify.com/pod/show/wealthtrack/support

Influential newsletter editor and former hedge fund manager, Whitney Tilson sees signs of a bubble in high quality stocks. Wealthtrack episode 2108 Broadcast on August 23, 2024 More info: --- Support this podcast: https://podcasters.spotify.com/pod/show/wealthtrack/support

Hey there Lemon Heads! Join Don LIVE at night one of the Democratic National Convention to hear all the biggest news from the event. Don is joined by the Host of the "Majority 54" and "Lost Debate" podcasts Ravi Gupta and long-time Democratic party donor Whitney Tilson to break it all down. They'll listen to President Joe Biden's much-anticipated closing speech and break down what we can expect for the rest of the DNC. Tune in for live coverage you won't want to miss! Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of TMZ Live: Major Biden donor Whitney Tilson said on 'TMZ Live' he and fellow democrats are cutting Biden off, Alec Baldwin wasn't the only 'Rust' actor with live ammo on set, Diddy's mother rushed to the hospital, and Britney Spears felt ex-boyfriend Paul Soliz was using her. Learn more about your ad choices. Visit megaphone.fm/adchoices

On this week's Stansberry Investor Hour, Dan and Corey are joined by their colleague Whitney Tilson. Whitney is the lead editor on Stansberry's Investment Advisory – Stansberry Research's flagship newsletter – as well as Commodity Supercycles and his free e-letter Whitney Tilson's Daily. Once dubbed "The Prophet" by CNBC for his prescient calls, he joins the podcast to share some financial wisdom with listeners.  Whitney kicks off the show by talking about the value of attending investing conferences and other company meetings. You can gain insights, talk to fellow investors, share ideas, and either discover promising trends or discover which trends are "bombs." Whitney emphasizes that avoiding calamities is just as important as finding the next big investment idea. He shares his experience with short selling and how he actually lost a lot of money by employing the technique. This leads to a conversation about value traps – what they are and how they can lead to ruin. (1:24) Next, Whitney details his storied history with Netflix and why he went from shorting the company to investing in it. Ultimately, he found a 90-bagger. But he sold the stock early and left money on the table. The "most important lesson" he learned from that experience is to let your winners run. As Whitney explains, that's why index funds outperform almost all active managers over a long period of time – because they never sell their winners. (16:40) Finally, Whitney hammers home that investors should be selective with stocks and only buy the best-quality businesses. Many of these companies see large drawdowns at some point, which can be perfect buying opportunities... even if you're not able to find the exact bottom. Whitney predicts that Nvidia could see a sizable drop since the company is relatively young and volatile. After, he shares that value stocks, small-cap stocks, and international stocks are all at 20-plus-year lows. This extreme underperformance presents an opportunity for investors wanting to diversify their portfolios. And Whitney also breaks down how to spot a high-quality business that may be struggling in the short term versus a value-trap business that will only head lower. (35:02)

On this week's Stansberry Investor Hour, Dan and Corey are joined by their colleague Whitney Tilson. Whitney is the lead editor on Stansberry's Investment Advisory – Stansberry Research's flagship newsletter – as well as Commodity Supercycles and his free e-letter Whitney Tilson's Daily. Once dubbed "The Prophet" by CNBC for his prescient calls, he joins the podcast to share some financial wisdom with listeners.  Whitney kicks off the show by talking about the value of attending investing conferences and other company meetings. You can gain insights, talk to fellow investors, share ideas, and either discover promising trends or discover which trends are "bombs." Whitney emphasizes that avoiding calamities is just as important as finding the next big investment idea. He shares his experience with short selling and how he actually lost a lot of money by employing the technique. This leads to a conversation about value traps – what they are and how they can lead to ruin. (1:24) Next, Whitney details his storied history with Netflix and why he went from shorting the company to investing in it. Ultimately, he found a 90-bagger. But he sold the stock early and left money on the table. The "most important lesson" he learned from that experience is to let your winners run. As Whitney explains, that's why index funds outperform almost all active managers over a long period of time – because they never sell their winners. (16:40) Finally, Whitney hammers home that investors should be selective with stocks and only buy the best-quality businesses. Many of these companies see large drawdowns at some point, which can be perfect buying opportunities... even if you're not able to find the exact bottom. Whitney predicts that Nvidia could see a sizable drop since the company is relatively young and volatile. After, he shares that value stocks, small-cap stocks, and international stocks are all at 20-plus-year lows. This extreme underperformance presents an opportunity for investors wanting to diversify their portfolios. And Whitney also breaks down how to spot a high-quality business that may be struggling in the short term versus a value-trap business that will only head lower. (35:02)

Whitney Tilson, editor at Stansberry Research, says the current market conditions have made him "much more prone to let my winners run," and that investors should not take a market pushing to all-time highs as some sort of sell signal because in most times -- including today -- new highs are a positive, even if they inspire some nervousness and fear of new heights. Tilson says that investors should focus less on headlines and more on what drives markets, namely a strong economy and growing corporate profits. Ted Rossman discusses a new Bankrate.com study -- done in honor of Mental Health Awareness Month -- which found that nearly half of American adults say money at least occasionally has a negative impact on their mental health. In the Money Life Market Call, Jeff Muhlenkamp of the Muhlenkamp Fund discusses stocks.

Former hedge fund manager Whitney Tilson, now Editor at Stansberry Research, returns to The Julia La Roche Show for a wide-ranging discussion on the economy, markets, and common mistakes investors make.  Whitney discusses the strength of the macro picture and the importance of not betting against America.  In this conversation, Whitney shares stock picks, reflects on missed opportunities, and discusses the importance of letting winners run. He also talks about closing his hedge fund, lessons learned, and the wisdom he gained from the late Charlie Munger.  Tilson emphasizes the need for patience and discipline in investing and highlights the five calamities that can derail a successful life. Links:  Stansberry Research: https://stansberryresearch.com/our-team/whitney-tilson The Art of Playing Defense: https://www.amazon.com/Art-Playing-Defense-Falling-Behind-ebook/dp/B091QFHJ6B Timestamps  00:00 Introduction 00:55 Big picture view of the economy and markets  02:43 Caution against letting politics influence investment decisions 03:38 The mistake of predicting gloom and doom 05:24 Betting against America doesn't make sense  06:59 There are warning flags, but stocks aren't in bubble territory  8:10 Bitcoin smells frothy, but ‘I would never short it'  09:22 Stock Picks: Berkshire Hathaway, Meta, and other opportunities 10:02 Bitcoin is an instrument of pure speculation  15:56 Stock pick ideas - Berkshire Hathaway, Meta, etc. 21:26 Introduction to Warren Buffett and value investing 26:48 Stock exchanges as interesting investment opportunities 29:08 Lessons from missed opportunities 36:07 The importance of letting winners run 38:50 Reflecting on closing the hedge fund, mental mistakes investors make 43:48 Running a Hedge Fund with Patience and Discipline 46:13 Charlie Munger's legacy 50:06 The Art of Playing Defense

Dan and Corey kick the show off by discussing the newest unemployment number and its implications for inflation, rate cuts by the Federal Reserve, the stock market, and the future of the economy. They speculate that this unemployment rate could result in the Fed putting off rate cuts for even longer. Next, Whitney joins the conversation by discussing the "Magnificent Seven" tech stocks and explains why he thinks smaller-cap, more value-oriented stocks will be driving the markets next. He also compares Tesla CEO Elon Musk's "rampant narcissism," "bro culture" at the company, and antisemitic tweets with exemplars like Warren Buffett and Charlie Munger. This leads to a discussion about how cultural differences affect businesses. Whitney brings up Anheuser-Busch's Bud Light ad campaign with a transgender influencer and Disney fighting Ron DeSantis' controversial bill in Florida. He shares why he thinks companies are "running pretty darn scared these days" after seeing both those iconic businesses suffer for taking political stances. Then, Whitney talks about his Top 10 list. He details why Berkshire Hathaway continues to be such an attractive opportunity today and why it's the perfect foundation for any portfolio. And he also emphasizes that we are no longer in a TINA world, or "there is no alternative." Finally, Whitney gives his opinion on what he thinks the Fed will do next in terms of interest rates and what the potential outcomes could be. You also won't want to miss his answer to Dan's final question, where he explains why it's crucial to limit the amount of "partisan and polarized" information you're consuming in traditional media, since it could be affecting your investing choices. 

Dan and Corey kick the show off by discussing the newest unemployment number and its implications for inflation, rate cuts by the Federal Reserve, the stock market, and the future of the economy. They speculate that this unemployment rate could result in the Fed putting off rate cuts for even longer. Next, Whitney joins the conversation by discussing the "Magnificent Seven" tech stocks and explains why he thinks smaller-cap, more value-oriented stocks will be driving the markets next. He also compares Tesla CEO Elon Musk's "rampant narcissism," "bro culture" at the company, and antisemitic tweets with exemplars like Warren Buffett and Charlie Munger. This leads to a discussion about how cultural differences affect businesses. Whitney brings up Anheuser-Busch's Bud Light ad campaign with a transgender influencer and Disney fighting Ron DeSantis' controversial bill in Florida. He shares why he thinks companies are "running pretty darn scared these days" after seeing both those iconic businesses suffer for taking political stances. Then, Whitney talks about his Top 10 list. He details why Berkshire Hathaway continues to be such an attractive opportunity today and why it's the perfect foundation for any portfolio. And he also emphasizes that we are no longer in a TINA world, or "there is no alternative." Finally, Whitney gives his opinion on what he thinks the Fed will do next in terms of interest rates and what the potential outcomes could be. You also won't want to miss his answer to Dan's final question, where he explains why it's crucial to limit the amount of "partisan and polarized" information you're consuming in traditional media, since it could be affecting your investing choices. 

Whitney Tilson, founder and chief executive officer at Empire Financial Research, says he expects the market to be flat to slightly up for the remainder of 2023 -- gaining about 5 percent on top of the 17 percent gains thus far -- and then gaining another 10 to 15 percent in 2023. He expects the "sanguine, strong" economic environment to continue despite the skepticism that has been present -- but which hasn't really slowed anything -- this year. Also on the show, Tom Lydon of VettaFi dives into factor ETFs with his pick for "ETF of the Week," and Eric Marshall, president and portfolio manager at Hodges Capital Management talks stocks in the Market Call.

Guy is a successful, well-known hedge fund founder. He's famous for paying a lot of money for one meal with Warren Buffet (hundreds of thousands of dollars), which he found worth it.He and I know each other partly through a guest also in finance I did several episodes with, Whitney Tilson, though we emailed before we found Whitney in common.Regular listeners know a strategy of this podcast is to bring leaders from all areas to sustainability, which lacks leadership. I also look for people in fields that people who call themselves environmentalists often call the enemy. They talk about finance people as just looking for profit, not caring whom they hurt. I think they're presuming someone's intent based on what they see. I think psychologists call that presumption the fundamental attribution error.I don't agree with them. I think everyone has deep, intrinsic motivations on stewardship, but you have to listen more than project onto them to learn it. When it comes out, if you enable them to act on it, they may find the action inspiring and meaningful, and want to do more. I think you'll hear that happen with Guy.I found his book, The Education of a Value Investor, an engaging read that shows the opposite of him caring only about money or profit. I can't wait for our second episode.Guy's home page Hosted on Acast. See acast.com/privacy for more information.

Jake Jolly, head of investment analysis at BNY Mellon Investment Management, says that recent turmoil in the banking industry 'will do the additional work' of tightening credit conditions to get inflation down, but creating a recession in the process, with the downturn taking hold late this year or in 2024. Because this recession is 'a typical, monetary-policy induced recession,' Jolly expects that policy can normalize quickly, which should limit the downturn to the short time it takes to slay the inflation dragon. Also on the show, Tom Lydon, vice chairman at VettaFi, makes a niche-focused financial-services fund his ETF of the Week, noting that it could start trending positively as the banking sector moves past recent problems. Plus, we revisit a recent conversation with Whitney Tilson of Empire Financial Research.

Whitney Tilson, chief executive officer at Empire Financial Research, says that while headlines are driving investors to distraction, the stock market right now is neither too hot nor too cold. Other than regional banks, he says there's no blood in the streets, the market 'isn't screaming cheap or hugely overvalued either,' making this a time for investors to grind it out and work on their holding, rather than buying or selling. 'The key,' he says, 'is not in picking the next calamity, but avoiding the crazy nonsense.' Sarah Foster discusses her recent story on Bankrate.com on how inflation is damaging the finances of younger generations and how that has the potential to damage the economy as Gen Z and millennials adjust their spending and savings habits. And, in the Market Call, Kathy Boyle, president of Chapin Hill Advisors looks at the macro picture and talks about which exchange-traded funds can take advantage of the current opportunities.

Former hedge fund manager Whitney Tilson, now the founder and CEO of newsletter publisher Empire Financial Research, joins Julia La Roche on episode 46 to share some worldly wisdom and his views on the market. The bulk of this conversation focuses on life lessons from his new book “The Art Of Playing Defense: How To Get Ahead By Not Falling Behind.” Whitney outlines five calamities to avoid, including: Loss of reputation and/or wealth Loneliness and/or suffering a permanently impaired relationship with a loved one A bad marriage, often ending in divorce Addiction and abuse The death, serious injury, or illness of yourself or a loved one In this episode, Whitney, 56, revisits his childhood, including growing up in Africa with his educator parents. He also shares whether or not he ate the marshmallow in the famed Stanford marshmallow experiment, a psychological study that examined delayed gratification among young children. He recounts how he met his wife Susan (thanks to his friend Bill Ackman!) and his journey from being the lowest-paid Harvard Business School graduate in his class working for a non-profit to the world of hedge funds (also thanks to Bill Ackman). Throughout the conversation, there are plenty of lessons gleaned over the years from being a long-time student and follower of Warren Buffett and Charlie Munger. Whitney also discusses value investing in the current environment and why he's “reasonably bullish” and estimates the market could rise 15 to 20% this year. 0:00 The Marshmallow Experiment 4:30 Whitney likely didn't eat the marshmallow 5:10 Growing up in Tanzania 7:00 Emphasis on education 9:15 Met wife after crashing party with Bill Ackman 10:15 Interest in investing 12:20 Amassed $10K, called up Bill Ackman 13:58 Early days of the internet stocks 14:32 Warren Buffett 15:50 A ‘clueless fool' turning $20,000 into $120,000 in AOL 17:00 Absolutely no business starting a hedge fund 19:20 Dale Carnegie's “How To Win Friends And Influence People” 21:18 Lessons for Tilson's daughters 23:23 Raising athletic daughters 24:30 Price of Privilege 27:00 Sports and self-confidence with teenage daughters 36:00 The most important decision is who you marry 37:00 ‘Fishing in the right ponds' 39:00 Other important relationships 41:30 Epidemic of loneliness 44:00 Repairing and building relationships 46:10 Scott Galloway 49:00 Avoiding calamities 51:00 Loneliness or ruptured relationships as a calamity 52:48 The 5 calamities 53:30 How not to screw up your marriage 1:05:00 Risk taking and risk management 1:15:08 Reasonably bullish on the markets 1:19:57 Best guest is the market is up 15-20% 1:20:20 Value investing back in favor? 1:22:19 Berkshire Hathaway, Meta (Facebook), Netflix, Amazon, PayPal 1:23:40 Why the average person shouldn't be picking stocks 1:30:00 Achieving long-term wealth

In our third conversation, Whitney and I get more friendly and conversational, fun conversation.He's been picking up more garbage, which I hope is part of a journey of continual improvement. Since long before we met, he rides his bike to get around the city. Otherwise, he's focused on other things in life than sustainability. He's examined a lot of parts of his life, but not his impact on other people mediated through the environment.I'm not trying to change people who don't show they want to change, so we just talk. You'll hear a very thoughtful, active leader speak with me about his views and environmental values.Not Just Bikes YouTube channel Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Whitney Tilson, chief executive officer at Empire Financial Research, says he's concerned that Tether, the world's largest stablecoin, is a "fraud" and running out of money. He worries that if Tether crashes "the entire crypto sector goes with it ... and you don't want to invest in a sector where there's a 50-50 chance you'll lose half your money in a matter of days." Tilson talks extensively about what he does trust and is buying in current market conditions, noting that he is maintaining a balance between value stocks trading below their intrinsic value and companies with superior long-term growth characteristics. Also on the show, Bryan Armour, director of passive strategies research at Morningstar, discusses the firm's new survey on mutual fund fees, showing that consumers saved billions of dollars last year by investing in low-cost funds, bringing down the average expense ratio being paid even further, down to roughly 0.4 percent. And in the Market Call, Mike Larson, senior analyst at Weiss Ratings and editor of Weiss's Safe Money Report talks about safe stocks in today's topsy-turvy conditions.

We start by my reading the emails where I invited Whitney to this podcast by cursing with a few f-bombs, showing how we started our interactions. Before recording our first episode we met in Washington Square Park and picked up litter together.Read my emails cursing at Whitney Tilson that brought him to my podcastWhitney shares how he created and maintains his following, speaking his mind, deliberately sharing provocative opinions. He shares how and why he engaged so much on the pandemic. I see that passion raising the potential for him to engage on sustainability, but we'll see. He became as knowledgeable as anyone I know and led a large number of people on it.Then we talked about carbon offsets. I shared my Two Carbon Cycle Explanation, though I've since simplified it in The simple explanation why offsets don't work.We talked about flying. I since found some peer-reviewed numbers, which I posted in Some flying pollution numbers. In the week before recording, he flew round trip to Seattle, Miami, Bahamas, and in the next week Rwanda.Then he shared his reasons for not engaging on the environment. You'll recognize them. Remember when he said he was uninformed? On the contrary, I'd say, he learned everything he needed to to justify feeling good about not changing his behavior. Even so, I respect and admire that he engaged in our conversation and started finding ways to act. See acast.com/privacy for privacy and opt-out information.

Whitney's background and accomplishments are incredible and we start with them. He shares his beliefs and mindsets that lead to his high performance in business, philanthropy, fitness, family, and more.Then we share a fun part of how I invited him to this podcast. After he, in a friendly, helpful way, cursed at some of his newsletter readers in criticizing their behavior during the pandemic, I cursed at him in the same friendly, helpful way. The email got his attention. It led to us meeting in person to pick up litter in Washington Square Park (where he saw his first drug deal in the corner with the syringe drug users), then to recording in person at my apartment.When we spoke on the environment, I heard a common mix: he connected deeply with it, including majestic experiences at some of Earth's most extreme environments, and he also felt about its problems that he couldn't do anything meaningful.My favorite part of my conversation with Whitney was how he put up nearly every form of delay, resistance, and obstacle any other guest has responded to my invitation to act on his environmental values. I believe we were both patient, listened, spoke to be understood. After he found something to act on, you'll hear the change in his perspective on acting on intrinsic motivation versus what sounded to me like trying to save the world, or feeling you have to, but disconnected from intrinsic motivation.Whitney's book, The Art of Playing Defense: How to Get Ahead by Not Falling Behind See acast.com/privacy for privacy and opt-out information.

Whitney Tilson is a well known value investor with a long and varied past in financial markets. He joins us to discuss markets, value investing and how he got interested in cannabis stocks. We discuss: - How Whitney got started in investing - Being a Late 1990's "Bull Market Genius" - How that Bull Run compares to Today's - Getting religion by learning about Buffett and Value Investing - The Ups and Downs of starting his own hedge fund - Market Timing: Indicators that Whitney looks for - What attracted Whitney to the Cannabis Sector - How the current rout in Cannabis compares to Tech in 2000 - The 3 things Whitney looks for in a winning company Thanks to Whitney for joining us for this fun and wide ranging discussion Sign Up for Whitney's Free Newsletter: https://empirefinancialresearch.com/newsletters/whitney-tilson-daily Follow Whitney on Twitter: https://twitter.com/whitneytilson

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We're incredibly fortunate to talk to Whitney Tilson and get his take on yet another eventful week in the markets. As always, the former hedge fund manager and current investment newsletter publisher gives us plenty to chew on, just as he does to 140,000 avid readers of his daily takes on market movers and shakers.  Sign up for Whitney's free newsletter here. In our talk with Whitney, we get into the spectacle of Elon Musk using Twitter to attack Twitter while attempting to acquire Twitter. The latest twist in the tale is Elon's apparent attempt to re-price the deal, citing a need for data to support the platform's claim that less than 5% of Twitter users are fake or spam accounts. While his Empire Financial Research colleague Enrique Abeyta talked about the prospect of Twitter suing Elon should he derail the deal, Whitney floats an even more costly and consequential outcome to the drama—Twitter deciding to de-platform him.   Whitney talks about the likelihood of the market finding its bottom late last week. He explains why he's turning bullish on Amazon, Alphabet, Facebook, and Netflix, and why when everyone and their mother is using a product like Whatsapp or Venmo, they are good buys explaining that a sustainable financial model can be hammered out at a later date. 

It's a particularly great week to be talking about what's going on in the markets with 25-year stock market warrior Enrique Abeyta. Hour by hour, Enrique chews up Twitter with an array of unfiltered perspectives on the economic forces shaping our world. Do yourself a favor and follow @enriqueabeyta if you don't already. One of the former hedge fund manager's current day gigs is writing newsletters for Whitney Tilson's Empire Financial Research. Another is co-hosting Hard Money's Million Dollar podcast, in which Enrique is tasked with helping turn his co-host's 10,000 dollar stake into a cool million. It's highly entertaining and well worth checking out.  In the early hours of this Friday, the 13th, Elon Musk took to Twitter to announce that his bid to acquire the aforementioned social media platform was on hold, pending details surrounding the percentage of users that are actually spam or fake accounts. Enrique describes how this possible attempt to strengthen his negotiating position could cost him big should he break the deal and get sued by Twitter. Front here, Enrique segues seamlessly from Twitter's undulating stock price to other tech stocks that have been hit hard of late and could see a pronounced bounce back. He also drops some tantalizing tidbits regarding a SPAC stock he's particularly jazzed about.

Amid major market volatility, investors question whether we're about to see a repeat of the year 2000 in tech stocks. In this crucial edition of American Consequences, I sit down with famed hedge fund investor Whitney Tilson to explain why now might be the best time to buy tech stocks. He's naming names – or rather tickers – and helping people think through the implications of getting into solid growth companies. I most especially loved hearing how Whitney Tilson got his start. He managed to take $10,000 in savings and grow it into a $200-million hedge fund. He told me all about some of the bumps he's had along the way and why he's so committed to helping individual investors grow their portfolios. Whitney has some really entertaining stories that I know you will love hearing… not to mention some darn good picks. Sign up for Whitney's free investment newsletter at empirefinancialresearch.com. You can get more from me online at americanconsequences.com and on Twitter @Trish_Regan. 

Herb Greenberg is a former journalist and current legend in the investing community. The first 20 years of Herb's career saw him plying his trade at some of the most recognizable publications that cover business, with stints at the Chicago Tribune, Fortune, and The Wall Street Journal, among others. In 1998— a time when Americans were accessing the internet via a dial-up modem—Herb became one of the first mainstream journalists to make the leap to writing online, blazing a trail at TheStreet and MarketWatch while becoming a familiar face as a CNBC contributor. In recent years, Herb's gotten increasingly into financial research, which he describes as an opportunity to dig deep while cutting out the noise that comes with being a well-known voice in the business journalism space. He currently pens newsletters for Whitney Tilson's Empire Financial Research.  Today we talk with Herb about his dynamic career, seismic changes that have taken place in business journalism, the toxicity of social media, and the point at which a firehose of content becomes a cesspool of misinformation.

We got so much out of our chat with Empire Financial Research's Whitney Tilson on Decoded last week that we asked if he'd sit down with us again to talk about what's going on in the world right now. The former hedge fund manager and current investment newsletter publisher delivered, just as he does to 140,000 avid readers of his daily takes on market movers and shakers. In our stimulating chat, Whitney tells us why he's confident about a ceasefire in Ukraine and a resulting rally in beaten-down growth stocks, skeptical that a viable alternative to the US dollar's reserve currency status exists, optimistic about Twitter's potential to become a 10-bagger in the next decade, and so much more.

Today, we're joined by author, philanthropist, former hedge fund manager, and current investment newsletter publisher Whitney Tilson.  During our fascinating conversation, Whitney describes his childhood in Tanzania and Nicaragua, his relatively late start to investing, his long friendship with investment titan Bill Ackman and forming his own hedge fund, Kase Capital. At Kase, Whitney predicted and navigated both the dot com and housing bubbles, beat the market for 11 of the next 12 years, and grew assets under management from $1 million to $200 million.    Soon after winding Kase down in 2017, Whitney pivoted and poured his considerable insights into Empire Financial Research. While subscribers to the company's eight newsletters include investment whales, most of their subscribers are average investors. Whitney talks to us about the common mental mistakes people make with managing money, the characteristics of a good stock picker, and the spidey sense he developed after more than two decades in the investing world.  

We had a good week so we brought on special guest Whitney TIlson to dive deep into social media and SPACS. Matt gets brain damage from Facebook. Gabe wants to talk about bear cases.  Enrique is actually on TikTok. 

There is a sense in which the main story of modern hedge funds is style drift. You start out doing convertible arbitrage or merger arb or relative-val... mentoring Diddyhistory complaining multi-strategy fundspoints out often say break little sketchy pushing has not been interested rejected a proposal focused on safetybanning ultra-safe Fed-backed stablecoinsStablecoins: Growth Potential and Impact on Banking main thesis externalities will be internalizedThe ESG Miragea fascinating paper talkedlot here giving Whitney Tilson some money to gambleMax Read newsletterhere's one of the grocery onesreported in the Intercept in 2017 Anywaywarning noticeBungieMuni Funds Options Dealersgender discrimination More Billionaire Jets $20 Wager For NowBuys Wordlethe Space Force was realsubscribe at this linkhere

Whitney Tilson, founder/chief executive officer at Empire Financial Research, says that while the Nasdaq entered correction territory on Thursday and the market has had some bumps and bruises along the way, the long-running bull market is still in place and looks like it is "in the seventh inning." Amid a wide-ranging market conversation, Tilson also discusses short-selling, cryptocurrency investing, Tesla, meme stocks and how his views have -- and haven't -- changed over time. Also on the show, David Giroux of T. Rowe Price Capital Appreciation is back, following up on Thursday's market discussion by talking about his recent book, "Capital Allocation," and describing how the focus on the way companies use their money should shape investment decisions; and Connie Luecke, manager of the DNP Select Income Fund, discusses infrastructure investing and how it is poised to push through current conditions regardless of whether key legislation gets approved in Washington.

Welcome to Cannabis Daily - Your daily guide to cannabis news, industry trends and trade ideas in under 5 mins.Episode Summary:Flora Growth Expands Product Distribution Through Walmart.com and Coppel in Mexico $FLGCBad News for commercial cannabis sales in Virginia? US Cannabis ETF MSOS is a favorite for former hedge fund manager Whitney Tilson.Stocks for your watchlist today:$ACB$AGFY$MMNFF$YCBD$FLGCHosted & Produced By:Elliot LaneAaron Thomas Contact us at: cannabishou@benzinga.comFollow Benzinga Cannabis On Social MediaInstagramTwitterYouTubeLinkedInSubscribe to all Benzinga Podcasts at https://www.benzinga.com/podcastsSubscribe to the Cannabis Insider Newsletter to get more cannabis news and trending links delivered to your inbox.Tune in weekly to Cannabis Hour at 4 pm ET every Thursday for Cannabis News & Executive Interviews at bzcannabishour.comHit us up at https://www.benzinga.com/cannabis/ for more news today, tomorrow, and everyday.Access All The Cannabis Daily Episodes HereFor Top Gainers & Losers Cannabis stocks of the day check out https://www.benzinga.com/cannabis/stocksNOT FINANCIAL ADVICEThe Information Contained on this Podcast is not intended as, and shall not be understood or construed as, financial adviceUnedited Transcript:Good morning investors. Happy Tuesday. This is Elliot lane with Ben Zynga hosting your cannabis daily show every day at 10:00 AM here. Thanks to Aaron Thomas for producing and bending for the platform. There was a ton of cannabis news this morning. I do want to call out. I was watching morning, Joe, on MSNBC talking about the science behind cannabis products and what cannabis companies claim in their products.I recommend checking that out. Not necessarily the most positive report, but not necessarily damning either. So with that being said perhaps look that up, but let's dive into the news. There is plenty of it today. Beginning with the letter, a Aurora cannabis AC B delivers a around a $10 million shipment of medical cannabis to Israel.This is their largest ever to the country and what they believe per their press release to be the largest export it to the country. Ever super interesting. So ACB, obviously trying to plant their flag in the ground and what seems to be a relatively busy market at the moment with some big players, such as Intercare and with partnerships such as cookies and Charlotte's web and others.Another letter a here didn't have the best 2021, but they're starting strong this year. They enter into a ten-year agreement with gold leaf for its turnkey solution. And so we'll bring $140 million in revenue expected in the first three years. And over the entire 10 years, around $400 million in revenue, gold leaf is a medical treatment center in bear with me Myakka, M Y a K a Florida gold leaf is Poland.To open 20 dispensaries in the state by 2024. So this could definitely turn into a major deal for the likes of AgriFood marijuana moment. One of my favorite sites for legislative news definitely recommend subscribing to their newsletter. Kentucky Democrats are prioritizing medical cannabis as a top legislative priority for 2022 props to my Kentucky IM brethren over there, Virginia. Not overturn the legalization of marijuana possession, so great news there. However, he is sending mixed signals and appears to potentially be creating obstacles for commercial cannabis sales, to launch so bad news for the likes of juicy and not necessarily bad news, but I would say. For companies such as Jewishy and others who have planted their flag in the Virginia market, this is not something you want to see.Columbia care and others stocks that closed up yesterday. The market of course, had a decent day yesterday and cannabis stocks followed it. There were several that saw a great day and only about three that I could find that had a not so good day. But the good ones included Hexo Tilray Medis. I'm sorry, not mad.Med men, which was a surprise to me up five and a half percent, Aurora cannabis and canopy growth, both up around six, six and a half percent sundial and Cronos group, both up around 7%. Why CBD, which is CBD MD up around 9%. And Tega. That is the green organic Dutchman of around 15%. Somebody liked that one. So positive news there, especially at scenes on the Canadian and international front Whitney Tilson names, advisor shares popular cannabis, ETF, M S O S, or MSS as a favorite pick for 2022 foreign investors. However, it is of course, dependent upon the chain. And any change for that matter to us regulations. So super interesting there MSLs saw a nice spike in volume and share price at the end of last year, but then unfortunately it reversed the wrong way there TG. F that is 1933 industries announced our Q1 2022 earnings. The revenues were just under $2 million, which is a slight drop year over year, I think around 8% and expenses, however, saw a 45% drop year over year.So they are. Seemingly getting ahead of this. However, Nevada is becoming a more and more competitive market. So it'll be interesting to see how aggressive they are in 2020 to advance flower capital that's AFCG on the NASDAQ reports, 125 and a half million dollars of gross funding last year. The full year of 2021.So about 302 and a half million dollars in funding. Big one for the day. In my opinion, for a growth Corp that's F L G C on the NASDAQ expands its mind. Natural skincare product blind to walmart.com and Kapil stores in Mexico. There are 12 products in the portfolio. Overall Koppel has around 1,200. 53 stores in Mexico.The stock was up 21% this morning. So really nice work with those partnerships with Louise, Evan, and team over there. Another big one, I think at least for the industry as a whole less investible information here, but if you are. Aware of events in the space. MJ biz puts on what I would probably consider to be the largest.And they were acquired by Emerald holdings or Emerald X, which is a New York based B2B event and media company for $120 million plus potential earn-outs. So congratulations to that team over the. R E F I refi, which is the Chicago Atlantic group. A REIT in the cannabis industry announces itself to be the sole lender for a new senior secured credit facility for med farms, which is a vertically integrated SSO or single state operator in the state of Michigan, a very good market med farms, some solid revenue for a private, single state opera operator going up against the likes of gage and sky mins and several others in a busy yet big.Scott's miracle grow. That's SMG, their subsidiary Hawthorne expands its portfolio with acquisitions of Lux lighting and true Liberty bags. So continuing to buckle down with Hawthorne as they move into the new year. So of course, a busy day cannabis stocks starting off strong for the year. Let's hope they can keep that momentum at least for a while.But for growth Corp is the. Big winner for me today, F LGC as well as MSOX getting a shout out from Whitney Tilson. This is Elliot lane with cannabis daily. Hope this starts off your day, right? With cannabis investing, let us know what you think. Rate and review us. Shoot an email to cannabis hour@benzinga.com.We look forward to hearing from you until tomorrow. Be well, Hey investors, thanks so much for tuning in to Benzing. As cannabis daily stock picks and news podcast every day. Pre-market once again, this is not financial advice. Please do your own research. We hope we bring you the best and most efficient news for your investing.Continue to find us on benzinga.com/cannabis, spending a.com/podcasts or on YouTube on Benzinga.Support this podcast at — https://redcircle.com/cannabis-daily/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Last week Whitney Tilson told us about an investment he made in a candian penny stock, Intermap. This week Intermap CEO Patrick Blott joins the podcast to tell us about his company.

The gang welcomes value investor, ex-hedge fund manager, and philanthropist Whitney Tilson to the podcast. They peer pressure him into coughing up a speculative penny stock idea he invested in and add it to the podcast portfolio.

This week, we're doing something that's never been done in the history of the Investor Hour podcast... It's a two-part interview with two incredibly special guests. The first is a new face to Investor Hour listeners. Berna Barshay is a rising star at Empire Financial Research, who in less than a year has already begun to make a name for herself with her email newsletter read every day by thousands.  During their conversation, Berna shares her unique perspective that has helped her spot massive winners the rest of Wall Street hated, like Lululemon, up over 20x since going public. She's even holding her own webinar for those who want to learn more about her unique strategy. You can find more info at www.empire2021.com. The second guest is a remarkable man who started a hedge fund out of his Manhattan apartment which he grew to over $200 million... He's appeared numerous times on national television where he has broken some of the biggest financial scandals in America...  And he's even climbed Mount Kilimanjaro... The one and only, Whitney Tilson... Whitney joins Dan this week to talk about his latest book. It's not a book on finance... Or a novel about his relationship with Charlie Munger or Warren Buffett... Or another one of the hundreds of books on working hard to become successful in life. It's a book Whitney says is aimed toward his three daughters as they enter adulthood.  Whitney's book The Art of Playing Defense: How to Get Ahead by Not Falling Behind is one of the few books that explores what to do once you become successful, detailing how to avoid the five most common calamities Whitney says cause 98% of human suffering. It's a valuable conversation chocked full of fantastic advice for listeners of all ages. If you're looking to strengthen the relationships in your life, this is an interview you don't want to miss.  Listen to Dan's conversation with Whitney and more on this week's episode.  

This week, we're doing something that's never been done in the history of the Investor Hour podcast... It's a two-part interview with two incredibly special guests. The first is a new face to Investor Hour listeners. Berna Barshay is a rising star at Empire Financial Research, who in less than a year has already begun to make a name for herself with her email newsletter read every day by thousands.  During their conversation, Berna shares her unique perspective that has helped her spot massive winners the rest of Wall Street hated, like Lululemon, up over 20x since going public. She's even holding her own webinar for those who want to learn more about her unique strategy. You can find more info at www.empire2021.com. The second guest is a remarkable man who started a hedge fund out of his Manhattan apartment which he grew to over $200 million... He's appeared numerous times on national television where he has broken some of the biggest financial scandals in America...  And he's even climbed Mount Kilimanjaro... The one and only, Whitney Tilson... Whitney joins Dan this week to talk about his latest book. It's not a book on finance... Or a novel about his relationship with Charlie Munger or Warren Buffett... Or another one of the hundreds of books on working hard to become successful in life. It's a book Whitney says is aimed toward his three daughters as they enter adulthood.  Whitney's book The Art of Playing Defense: How to Get Ahead by Not Falling Behind is one of the few books that explores what to do once you become successful, detailing how to avoid the five most common calamities Whitney says cause 98% of human suffering. It's a valuable conversation chocked full of fantastic advice for listeners of all ages. If you're looking to strengthen the relationships in your life, this is an interview you don't want to miss.  Listen to Dan's conversation with Whitney and more on this week's episode.  

Sometimes the most basic advice is the hardest to follow, even when it can save you from losing your reputation, your marriage, or your life. Further, it can be hard to find this ... The post The Art of Playing Defense: Whitney Tilson appeared first on Author Hour.

Whitney Tilson, the founder and CEO of Empire Financial Research, joins Scott to discuss the learnings from the WallStreetBets short-squeeze and the markets more generally. We also find out why Whitney is bullish on Transportation as a Service (TaaS). Follow him on Twitter, @WhitneyTilson. (16:54) Scott opens with his thoughts on the latest developments involving GameStop. Scott also explains how Apple CEO Tim Cook discussing the importance of privacy is an example of “laddering.” (9:56) This Week’s Office Hours (47:31): angel investing (51:50), why Apple should acquire Peloton instead of doing a product partnership (47:55), and Gap’s brand strategy (55:29). Have a question for Scott? Email a voice recording to officehours@section4.com.  Algebra of Happiness: Marshall Plan for Moms (61:03) Reading Recommendation: Innovation & Recasting Your Life Opening joke credit: Simon Holland Additional Music: https://www.davidcuttermusic.com / @dcuttermusic Learn more about your ad choices. Visit megaphone.fm/adchoices

For those of you who have been listening to my podcast and reading my blogs, you know that I periodically focus on making a stronger more sustainable you, by bringing in interesting, smart guests who can help you make money. Last year I had Whitney Tilson to help you align your investments with the macro-trends he sees in the world.  This week I am continuing that effort focusing on you, albeit from maybe a little different direction. My guest, Lyn Alden's investment service, was introduced to me a really smart friend of mine, Dave Baggett who was also a guest on this show.Lyn's background lies in the intersection of engineering and finance. What a great combination. She has a bachelor's degree in electrical engineering and a master's degree in engineering management, with a focus on economics and financial modeling. She has been doing investment research for over fifteen years in various public and private capacities. Her work has been featured in Business Insider, Marketwatch, The Daily Telegraph, The Street, CNBC, US News and World Report, Seeking Alpha, Kiplinger and many other media outlets. You can subscribe to Lyn's newsletter for free at www.lynalden.com, which is how I got started. This led to me joining her very reasonably priced premium membership, where I get access to her model portfolios and proprietary investment research. 

In this episode of Leaders in Business and Investing, CIO of IronHold Capital Siddharth Singhai is joined by CEO of Empire Financial Research Whitney Tilson in a discussion about current events, rational investing, and what it means to be a defensive investor. Whitney is a former hedge fund manager and accomplished author. He is now running Empire Financial Research, a highly-respected publishing company in the financial newsletter industry. Full Video: https://www.ironholdcapital.com/libi Linkedin: https://www.linkedin.com/in/pauljohngray/ Newsletter: http://eepurl.com/hbYkxf

"Value investing is a death cult, it's like cigarettes, based on negative information and playing to your fears, no value stock ever went up cause it was cheap it went up because it grew. They talk about Warren Buffett as a value investor but companies such as Coke and Apple have grown massively, so he is finding cheap growth stocks rather than value investing on its own." Salty advice from the highly inked and rock-infused financial writer, hedge-funder and digital media mogul, Enrique Abeyta. There's much more great advice in this episode and a tribute to Malcom Young from AC/DC.Enrique Abeyta is an Editor working for Empire Financial Research and Whitney Tilson https://www.empirefinancialresearch.comHe is also the co-founder and CEO of digital media and e-commerce company Project M Group LLC. Project M Group (founded in 2017) identifies large genres with passionate and highly engaged enthusiasts and then acquires digital media properties in those areas. Project M is the owner of both the #1 brand in tattooing (Inked Magazine) as well as the #1 brand in rock/metal music (REVOLVER Magazine). Enrique has been responsible for all aspects of the business including it's creation, fund-raising, hiring, operations and business development.Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/au/sharesforbeginnersDisclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they're offering something of value.Stocks for Beginners is for information and educational purposes only. It isn't financial advice, and you shouldn't buy or sell any investments based on what you've heard here. Any opinion or commentary is the view of the speaker only not Stocks for Beginners. This podcast doesn't replace professional advice regarding your personal financial needs, circumstances or current situation.Thanks to Christopher Soulos for music production out of Garlic Breath Studio https://www.facebook.com/GarlicBreathStudio. Remember music flows when the money don't. See acast.com/privacy for privacy and opt-out information.

Show Links The Proxy Activism Project A New Model For Shareholder Activism (Blog) A New Model For Shareholder Activism (YouTube) A New Model For Shareholder Activism (Eric Schleien / John King) Netflix, Sears, and Tribal Leadership (Eric Schleien / John King) How To Keep Large Companies Innovative (Eric Schleien / Scott Forgey) Eric Schleien discussing Tribal Leadership Eric Schleien discussing Activist Investing CBRE Case Study - Tribal Leadership Comparing Transformational & Transactional Leadership (Eric Schleien) Cultural Issues In The Hospital Industry (Eric Schleien) Took 9 Years To Develop ProxyActivism is a project that has taken 9 years to create over the course of thousands and thousands of hours to develop, and finally launch. This blog post will go into the background into how ProxyActivism came to be, our process, how I see this project unfolding, and how you as a value investor can be involved (and no, for all you cynical fucks, I'm not trying to sell you something) The Initial Insight My idea for ProxyActivism started when I did an ontological leadership program with a former Vice President of Disney who decided to quit his job and devote the rest of his life to empowering people. I got more in a few days of intense Socratic style inquiry than in all the years of reading books combined. As someone who relied on books to “get ahead” this was a completely new paradigm for me. Within the next few months, my income tripled, I repaired relationships with the people around me, and produced many more results. I figured there must be some application to business as well. And it turned out my intuition was right. The company had a consulting arm. The consulting arm of the organization was recently named one of the top consulting companies in the world by Forbes. At a lecture I attended at NYU, the preliminary internal data at the company was that their average client experienced a 600% increase in profits within 12 months. I thought to myself, “I wonder if I could combine ontological coaching with shareholder activism?”   A Zero Competition Game I figured this must have already been done and figured I would go work for a hedge fund already doing this and get some experience under my belt. However, after searching, I could not find a single hedge fund that was doing activism this way. Even the funds that talked about so-called “transformations” at companies - were really just doing more “change management consulting” and not actually anything transformational. Nothing wrong with that, just not as reliable or as effective.  So I became very frustrated that I could not find a single hedge fund playing this game called transform companies. I knew I was missing something. Every single business study on this kind of work showed results that any shareholder activist would be salivating over, this was clear alpha, and a low competition game with very high barriers to entry. (If the barriers to entry were low, I would not be writing about this or even talking about this).   Why Is Nobody Already Doing This? I knew I was missing something but couldn't figure out what. This was the best idea I ever had in my life for a business and also seemingly the lowest hanging fruit. I just couldn't get why nobody had taken this on before. And then it became quite clear. I called 37 different hedge funds or investment managers that were engaged in some kind of activism. I was excited and figured they would all be competing for me to implement this idea at their fund. I had this vision that I would develop this business as a fund, make a ton of money, and make a ton of people (including myself) extremely successful in this world. These “so-called” rational people however became quite cynical. Not skeptical and open. Cynical and closed off. I couldn't believe it. Some of them told me this was not their wheelhouse and they were going to stick to what they already knew. Ok fine, I can get that. But an unwillingness to learn something new? Whatever happened to expanding the circle of competence in a low-risk manner that would not take up a lot of time? Interesting. However, there were also managers that told me it sounded like bullshit, that the results sounded too good to be true. I asked them if they wanted me to share with them all the independent case studies out there. Not one person was interested. The Challenge: Combining Two Domains Now I was intrigued. Ontological coaching is so outside the realm of these managers because you can't measure it directly as a function of cause and effect. I started to see that all business management tools and techniques were based on cause and effect and that these managers, while extremely smart at reading numbers or learning about different management techniques, were also completely immature around their thinking when it came to leadership, ontology, and anything transformational in nature. They were inappropriately trying to apply their pre-existing models for management techniques onto a leadership conversation as that was their box of awareness/logic system. Anything outside of that - it was like their thinking-brain just shut down and their survival-lizard brain went into automatic. It was outstanding to watch very intellectually smart people start spewing nonsense trying to make sense of something they had no understanding of into other models that were not relevant to this conversation. Long-story-short, they were unable to or unwilling to get it -- regardless of decades worth of data and case studies.  I figured, fuck these guys, I'll just work with consultants who already have a great track record of transforming businesses and share with them how doing the work they are already doing in the context of a fund structure would be much more lucrative than charging a rate on their time.  The first person I went to was the CEO of this large consulting arm that had a several-decade long track record of doing ontological/transformational work with businesses, many that are in the billions of dollars in market cap. The CEO was extremely friendly on the phone with me but he flat out said that his company was going to stick to what they do best and not get involved in investing or starting a fund which he saw akin to gambling and “playing the market”.  Fuck…...  Was this why the idea hadn't been done before? I reached out to another woman I knew who for 20 years had been producing amazing results with very large businesses charging $5,000/hour for her services. I spent a month outlining an entire business plan and then did a call with her presenting her with the idea. I again explained how if she did what she did in a fund structure she'd make more than her already lucrative $5,000/hour and would be able to generate even more business as the stock price performance would be worth more in marketing than anything she was currently able to do right now. I wanted her to be the woman that when a guy like Bill Ackman or Carl Icahn needed extra support, they could give her a call.  She told me that she wanted to stick to what she was good at and not get involved in the stock market or hedge funds. Holy fucking shit!!!!!! It was becoming very clear to me why this had never been done before. The ontological coaching world didn't know shit about investing and their brains would shut down. They were more akin to getting involved with startups, sexy industries, and today would be into things like Crypto and 3D printing. Again, all worthy pursuits but not to combine value investing/shareholder activism/ontological coaching together.  Resignation & Cynicism On the flip side, many great investors are great because they are resigned and cynical by nature. Where is management lying to me? How are the books being cooked? Even people reading this article, many great investors may be reading this with their automatic little inner voice saying something like (where is this guy going to try to sell me something or bullshit something). The cynicism is great or investing and looking at raw data, however, it's horrible for relationships, partnering with others, leadership conversations, creativity, and innovating. They see no or little possibility. Great for investing in a timber company at a huge discount to their land, not so great for transforming a company that doesn't involve some cookie-cutter management tool that you can neatly fit inside a spreadsheet. I felt completely defeated. I needed a lot of capital to get this off the ground yet no fund with the capital to do this would even listen to me or attempt to get it. I also needed an ontological coaching skillset to do this. Nobody with a track record in this realm understood value investing and wanted nothing to do with it despite the fact that they were more effective activists than any of the famous hedge fund activists (yet they didn't even realize how valuable their skillset was). It's like a biochemist who ends up realizing they can make a ton more money also consulting for a biotech hedge fund yet they want nothing to do with the stock market. Similar idea. It was also daunting because to get a background in ontological coaching would take many years of intense training, it wasn't some horseshit thing I could do online and get a bullshit life-coaching certificate in a month. Fuck fuck fuck. Finding A Needle In A Haystack In one last desperate attempt, I posted a message on Facebook that said something like: “I'm working on a huge project where there is a lot of money involved for the success of this. I need someone who has a background in ontological/transformational coaching, has worked with many businesses over 10+ years, and has a successful track record at doing it” I figured with everyone I was connected to on Facebook who was part of this industry, someone would know somebody who I could connect with. All I needed was one person to get it. I figured it I found one successful consulting firm or coach to get this, then I could either get their former clients to invest in a fund we start or introduce their former clients to some of these cynical hedge fund managers to get them to see this wasn't some bullshit motivational garbage horseshit thing I was trying to sell them on (also funny because I wouldn't even make money unless there was actually success the way this project is structured...but again….their preconceived belief systems overrode any kind of logical and rational thinking).   Meeting John King: Tribal Leadership Within 24 hours, the messages started coming in. Eventually that led me to a guy who then introduced me to John King the creator of Tribal Leadership who co-wrote a book about his technology with a professor at USC, Dave Logan who started CultureSync. I loved John. He reminded me of Charlie Munger with his intellectual thirst, his independent way of thinking, and his non-stop learning, reading, studying. Like Munger, the guy was a genius (even though he will refuse to let me call him that), and he is a polymath who has the capacity to take principles from one field and synthesize them with another field to come up with completely new insights for looking at the world. When I shared with John how much he reminded me of Munger, he told me he was a huge fan of Charlie and also a lover of mental models. This was my kind of guy. Over the next 5 years he spent countless hours training me to be able to deliver his Tribal Leadership work. Finally I had found a form of ontological coaching I could build the skillset to deliver, I could find people around me who could also deliver this work and now all I needed was a fund manager to supply some capital. I asked John if he would let me speak to some of his former clients to start getting testimonials together that I could share/use as a resource for fund managers I speak to. He said he would be happy to do that as long as he got consent from the clients first. All of his former clients he asked were happy to give him consent. I ended up speaking to people such as the Founder/CEO of 1st Service Solutions, Ann Hambly to the creator of the Private Client Group at CB Richard Ellis and former head of Colliers International for all of North America, Glen Esnard. I also ended up meeting through John, the guy who created the culture and foundational work at Lululemon when it was just 4 people and who now coaches VP's at Google, LinkedIn, and PayPal.  Each person I spoke to was fascinating and knew I wanted to work with them on this project if I could in some capacity. They all got what I was attempting to do.  Meeting Chuck Gillman My big break came around 2017/2018 when I was in Omaha, Nebraska at the Berkshire Hathaway meeting and was attending the annual party I go to every year hosted by Whitney Tilson and Chuck Gillman. I had been going every year since I was 18 and had gotten to know both of them. Chuck has an outstanding track record as a shareholder activist. He runs a family office and only invests in microcap situations where he can do activism. He focuses solely on that. I had shared with Chuck that I had a team of people that I partnered with who had a background in turning around companies focusing on organizational culture and that a year 10 longitudinal study showed an average increase of 3-5x in profits within 24 months of organizations doing the work. Chuck was intrigued and had the humility to get that he had no idea how the technology worked and was completely outside of his circle of competence yet was totally willing to listen for as many hours as it took to understand the process, how it worked, and get a good handle on what we wanted to do. He immediately saw the opportunity where others didn't. I introduced him to John King on the phone and he was immediate impressed by some of the formers examples of organizations that had used this work such as the private client group of CB Richard Ellis which seemed to defy industry tailwinds during an extremely difficult time for the industry and also Zappos which Tony Hsieh shared about his influence of Tribal Leadership on the company in his book Delivering Happiness and now gives out copies to all his employees.  Today I have a pretty deep bench of trained Tribal Leaders with long track record of executive experience and turning around companies that are ready to get on boards when duty calls. Going Forward: Our Process This is what our process looks like going forward.   Identity Microcap Targets The first step is simply identifying companies that we could bring Tribal Leadership into the organization. This is extremely difficult and the hardest part. The criteria are very strict. The market cap of the company must be under $400 million and ideally below $200 million. On top of that, management must own 10% of the stock or less. Then the management must be underperforming for a long period of time due to incompetence and mismanagement or simply because they're corrupt.  Talk To Existing Shareholders However, we do things a bit unconventionally. Instead of taking a position and then attempting to wage a proxy battle, we first start talking to existing shareholders that already own a lot of stock. If we win the election, we then buy a lot of stock in the open market. Yes, it caps our upside but it also limits our downside if the election doesn't turn out. This is what Chuck has been doing for several decades and it's a very low-risk and patient approach to being successful and getting people onto a board where there's activism opportunity. Chuck spends most of his time networking with people who invest in small and microcap stocks with the idea that at some point a small percentage of these people will reach out to him with a company that has been underperforming and management won't work with them or take any of their ideas and this is a last resort. Now, partnering with Chuck, I have been taking calls on a weekly basis with shareholders from all over the world and it's been a fascinating and fun experience to meet so many intelligent and interesting people both here in the United States and abroad. Screening Candidates The next step is I examine the business model to see if I deem it a candidate for Tribal Leadership. There are some businesses where there really isn't a shot at being able to do anything. However, often what looks like a strategic issue or mismanagement issue is merely a cultural issue. When you move organizations from Stage 2/Stage 3 to Stage 4 - the managerial strategies and behaviors naturally alter naturally as a function of the new culture and profits increase by a factor of 300% - 500% within 2 years. Results start showing up in as little as 6 months.  If the company seems like a fit, the next step is to call major shareholders and see if they are interested in seeing change and interested in new board members who will be aligned with shareholders. If any of our team gets on the board, the salaries will be extremely low and we will be incentivized with out of the money options. Chuck has a long track record of being friendly towards shareholders once he and/or his team gets on the board. This will be no different….(remember I'm not re-inventing the wheel here...just combining two wheels to create an ultra-wheel). Paying Legal Expenses & Getting On The Board Then the next step is we will pay all the legal expenses of the Proxy Battle and we will do it knowing we already have the support of large shareholders. If we know they will vote for our slate, we will spend the money to make it happen.  Once the new board members get elected who already are trained in or have experienced Tribal Leadership for themselves, the next step is actually transforming the culture of the organization. Reorganization One of the wonderful things is that this does not require reorganization of any kind. The current structure and configuration of a company work well with Tribal Leadership because the kinds of benefits are in management and leadership capacity and the ability to work together to resolve problems and produce business results. Of course measuring results is important. The great thing about this project is that the fact we will only be working with public companies will make our successes public. The first 1-2 situations will be the hardest. However, as this is proven in public markets (vs ontological coaching being proven outside of a fund structure for 40 years...I know, I know...it shouldn't matter but it does to most people)....my goal is to get to the point where people start calling us to help them and this process becomes even easier. There is some horseshit conversation that these are “soft skills” which is far from the truth. The soft stuff is the hard stuff. Measuring is easy. You measure before you start a project. Measure after you finish a project. When you go from Stage 3 to Stage 4, the results generally go from 3-5x in measurable results, including the bottom line. There are a variety of different metrics that we utilize as we go through the process. Different metrics are appropriate for different circumstances and cultural stages. For a run down on the different stages of culture, refer to the Tribal Leadership TED talk, here.   Velocity In Results It also doesn't take long to implement a new culture. The actual initial training only takes about 2 days. It's intense with very long days. Many people report it as the most valuable and life altering experience they've ever had. That's not hyperbole either. After the 2 day program, there's usually half day follow ups every 6 weeks at the beginning until it becomes self sustainable and really gets embedded into every facet of the organization. Generally, it takes 18-24 months to elevate from a Stage 2 or 3 culture to a Stage 4 culture. Results start to show up within 1-2 quarters.  The Myth Of Employee Buy-In One of the concerns is how to get “employee buy-in” which is some garbage taken from your traditional consultant/flavor of the month who has some strategy or point of view they try to force onto every employee. Employees roll their eyes while pretending to go along because they need to play nice with the boss. It's the reason why most consultants are a total waste of money. Motivational speakers are even worse. With Tribal Leadership there is no buy-in. Instead we distinguish what is already there in a way people have never seen before. To my knowledge it is impossible to change people. The first step in implementation (buy-in...except not really...will just look like that on the surface) is that we first do a diagnostic that tells us where we are culturally and the prevailing issues or predicaments that are just not getting resolved. This is called “culture mapping.” Then, we look to discover where there already is alignment to create new overall strategies, using the “strategy model.” Then, we drill down and do the work until each and every person has their own map and their own self-designed strategy. Success depends upon the degree to which people follow the strategies that they created themselves. Normally, the people in the C-Suite hand a strategy to the employees and demand “buy-in.” The way we do it, we involve everybody in the design of their own strategies and the wisdom of the overall strategy all at once. No Use Of Force Something we get asked a lot is if we aren't forcing this upon anyone, why would someone who is already very successful want to partake in something like this. It's a valid question and a key issue. Those at Stage 3 ‘have it made' and are in control of those at Stage 2, so their incentive is predictably not great to change their ‘I'm great- You're not' point of view. However, if the overarching interest of the organization is to elevate their culture and the outcomes and results of the greater group, then the Stage 2/Stage 3 culture must move to Stage 4. In order to do this, the issue of ego and self-promotion on the part of the Stage 3 people must be addressed. The organization will only move to Stage 4 if the issue of the Stage 2/Stage 3 mentality has been successfully addressed. The issue with Stage 3 will always show up in the overall financial success of the company. The Low Hanging Fruit Alpha Another thing I get asked by nearly every hedge fund manager is if there's such a focus on shareholder value, why isn't everyone doing this? Of course the asshole response would be “because people like you are closed off to this because you're lazy and/or immature in your thinking.” However, you can't really say that to anyone. I had this conversation recently with the COO of a business unit of a major multi-billion dollar publicly traded company that's compounded by nearly 20% over the last 20 years. They implement a similar kind of work at their business and as he said, “it's the last bastion of alpha because it's low hanging fruit that nobody is doing so there is no competition.” The ‘shareholder value' focus is a focus on the bottom line, not a focus on the cultural vitality of the organization. Tribal Leadership is focused on the well-being and effectiveness of the organization. Ultimately, shareholder value is an outcome of an effective and stable culture. The more effective the culture of the people at work, the more effective their results. Our philosophy and our supporting data have shown that if we effectively attend to the well being of the people doing the work, the quality of their work will show up in measurably higher productivity.   What's Missing In The Prevailing Model For Shareholder Activism: Icahn, Ackman, Etc What we do is drastically different and also significantly more effective than what is taught in modern day business schools. Firms like McKinsey and basically every shareholder activist that is using management models, cost cutting, etc is the modern portfolio theory of the leadership world. That doesn't mean it doesn't produce results. You can still make money using modern portfolio theory over 50 years. You can still improve shareholder value by cutting costs and improving efficiencies. It's just leaving a ton of extra value on the table that isn't even that difficult to attain. It's low hanging fruit. Business schools are strong on management and weak on training people to be leaders. Management is based on control, domination, survival, and ultimately, fear. Most management is a carrot/stick game. The game is about managing for a result against a diminishing resource - time. Leadership requires transforming the relationships that people have while working together, mutual respect, collaboration, and stability. The culture of an organization is a function of the quality of leadership provided and attended to. If the management disrespects the employee, the employee will slow down and waste the most critical resource that management has - time. If the management provides effective leadership, the employee will respond by using the time effectively. Employees who have the experience of partnership and respect of their employers produce net superior results.  Tribal Leadership builds sustainable environments where leadership and partnership arise naturally. Our data supports the point of view that a focus on culture and leadership produces superior results in a more efficient and sustainable manner than management techniques that focus on operational efficiencies alone. Nothing Wrong With Management Conversations I'm also not saying there's anything wrong with making operations or management more efficient. I'm saying that there's an entire component that's missing that's leaving a lot of low-hanging fruit alpha on the table. Put simply, Management and Leadership are in and of two different domains. Management is about efficiency and is the vital and necessary underlying craft of any great company or organization. Leadership is about empowerment, teams, and the relationship between people working on a team, between teams to teams, and ultimately, an organization operating as a single unit producing profits and creating shareholder value. Leadership is in its own realm and requires a different mindset and worldview. The leader must be a great manager - that is a given - but he/she also must know when to step away from the psychological limitations of the manager fixated on efficiency and adopt the mindset of a leader who is exploring the creative world of breakthrough into ‘out of the box' thinking and hitherto unknown or experienced effectiveness of the organization. Culture Kills Off Strategies Drucker famously said, “Culture eats strategy for breakfast.” Business school strategies are mostly derived from HBS and Michael Porter - a brilliant man. However, according to Peter Drucker, at best, the Porter model is successful 30% of the time on average. That is because the strategy is ‘imposed' on the employee and the employee has little or no input. Therefore, the person who best knows the job and is actually doing it is told what to do and how to do it. Predictably, the employee often resists and is resentful. The strategy model we teach in Tribal Leadership is between 70-80% successful. This is largely because we teach the employee to design their own strategy, quarter by quarter. They are ‘bought in' by definition from the beginning of the process and appreciate that their input is honored. Furthermore, the strategy model we teach is simpler, self-managing, and self-correcting. In essence, a more elegant design. Furthermore, it allows leaders and managers to take advantage of and capitalize on the inherent understanding of customer data and other critical aspects of having an organization perform at a high level and make its clients and market happy.   ABOUT ERIC SCHLEIEN Over the past decade, Eric has trained thousands of individuals including board members of public companies as well as several Fortune 500 CEOs. Eric specializes in organizational culture and has become a leading authority on organizational culture in the investment industry. Eric has been investing for 15 years and has been using breakthrough coaching methodologies for over a decade. Eric had the insight to combine proven coaching methodologies with shareholder activism techniques to create an entirely new model for shareholder activism that was more reliable and created greater sustainable results in a rapid period of time. On average, Tribal Leadership produces a 3-5x increase in profits of culturally troubled companies within an average of 24 months or less. Eric currently resides in Philadelphia, PA. HELP OUT THE PODCAST If you like The Intelligent Investing Podcast, please consider leaving a rating and review on Apple Podcasts. It takes less than 30 seconds to do and makes a huge difference! You can also join the Facebook page!       You can subscribe to the podcast on the following platforms: Apple Podcasts Stitcher TuneIn Spotify Podbean iHeart Radio YouTube   CONTACT ERIC SCHLEIEN Facebook  |  LinkedIn  | Twitter  | YouTube | GSCM | Instagram Email: IntelligentInvesting@gmail.com  

As promised,  I had Whitney back to talk about a mutual passion we have: Public Education Reform.  But before we get to that, we talk about what the betting odds are for the November 3 elections and how to plan your investments for that outcome. Jim and Whitney are joined in a lively Q& A, by seven of Jim's subscribers, that includes sales and financial professionals and school teachers. Don't miss this one.

Whitney Tilson is the founder and CEO of Empire Financial Research, which provides advice, commentary and in-depth research and analysis to help people become better investors. He is a Harvard alumnus both as an undergrad and as an MBA.  Prior to launching his investment career in 1999, Mr. Tilson spent five years working with Harvard Business School Professor Michael Porter studying the competitiveness of  inner-city companies which led to the founding of ICV Partners, a private equity fund focused on minority-owned and inner-city businesses. Before business school, Mr. Tilson was a founding member of Teach for America and then spent two years as a consultant at The Boston Consulting Group. Whitney is an avid mountaineer and has climbed Mt. Kilimanjaro, Mt. Blanc, the Matterhorn, the Eiger,and the Nose of El Capitan. He also regularly competes in obstacle course races, including the last four 24-hour World's Toughest Mudders, winning the 50+ age group twice. Whitney and I met in Jackson Hole in March  skiing  with our kids.  Whitney and I cover a wide range of topics including a cost-benefit analysis of COVID shutdowns, investing for either a Trump or Biden win in November, his friendship with Warren Buffet and the life lessons discussed in his new book due out later this year.

Mark welcomes Whitney Tilson, CEO of Empire Financial Research, lifelong entrepreneur, dedicated philanthropist, and avid mountaineer, to today’s episode. As a graduate with distinction from both Harvard College and Harvard Business School, Whitney has become a prolific author, a frequent financial commentator on a variety of television networks, and has been featured on 60 Minutes, and in the Wall Street Journal and the Washington Post. While he acknowledges that he is neither Jewish nor particularly religious, Whitney has chosen Leviticus 19:16 to discuss with Mark today. In this discussion, Whitney shares his personal history, his connection to the Jewish faith, and just why the selected passage is so relevant to his life, particularly during 2020. He goes on to describe his work with the evangelical Christian organization, Samaritan’s Purse, the lasting friendships he made there, and his choice to set aside differences in order to work with them for a greater purpose. Whitney finishes by exploring the lessons he has learned about mankind, in particular, the notion of playing defense in life and marriage, and the importance of engaging and responding in positive ways in relationships. Today, you have the unique opportunity to meet and listen to Whitney Tilson - a man who has lived the very scripture passage he has selected, a man who has risen to his mother’s challenge of taking his good fortune and making the world a better place, a man whose story brings to life the timeless instructional and inspirational nature of the Torah. Episode Highlights: Whitney’s personal history Why today’s passage has been relevant to Whitney throughout his life, and particularly in 2020 Whitney’s work with Samaritan’s Purse and the friendships he made His family’s history of helping others Setting aside differences for the greater good The importance of the Bible What Whitney has learned about mankind as a leader in the investment and non-profit world Some of the messages from Whitney’s upcoming book about ‘playing defense’ Micro-interactions and engaging and responding in positive ways in marriages Quotes: “Like so many things in the Bible, it was a revolutionary idea that is now completely familiar to us.” “It felt good to try and make a difference and help my city address this terrible pandemic that killed more than 20 000 fellow New Yorkers.” “You lived this passage.” “We put our differences aside to save lives in the short term.” “You have a duty to take your good fortune and make the world a better place, and help others.” “I’m really proud of my friends and my fellow New Yorkers.” “In both cases, you refuse to stand idly by the blood of your neighbor.” “I always encourage young people…to just read broadly.” “It’s okay to take risks, but you want to have a mental framework that is focused on avoiding, to the extent possible, the big calamity.” “My observation is that people treat their spouses worse than they would ever treat most of their friends.” “We are a function of our actions, and we can control our actions.” “The chains of habit are too light to be felt until they’re too heavy to be broken.” Leviticus 19:16 Do not deal basely with your countrymen. Do not profit by the blood of your fellow: I am the LORD. https://www.sefaria.org/Leviticus.19.16?lang=bi&with=all&lang2=en Links: The Rabbi’s Husband homepage: http://therabbishusband.com/ Mark’s Twitter: https://twitter.com/markgerson?lang=en

Whitney's Key Tech Stocks: https://londonreal.tv/invest/ Whitney Tilson is an American investor, author and founder of Empire Financial Research. After graduating top of his class at Harvard Business School, he started his own hedge fund and grew it to over two hundred million dollars, by becoming an expert in finding undervalued stocks and investments. In fact his calls have been so prescient, that CNBC once nicknamed him "The Prophet". Tilson is also one of the most connected men on Wall Street, having met with Warren Buffett, Presidents Bill Clinton and Barack Obama, and an extensive list of Wall Street insiders. Today his Empire Investment Report is one of the most sought out pieces of investment advice today, coming from the man who predicted the dot-com crash, the market bottom in 2008, the housing bust, and the bubbles in bitcoin, pot stocks, and 3-D printing.

Whitney Tilson is an American investor, author and founder of Empire Financial Research. After graduating top of his class at Harvard Business School, he started his own hedge fund and grew it to over two hundred million dollars, by becoming an expert in finding undervalued stocks and investments. In fact his calls have been so prescient, that CNBC once nicknamed him "The Prophet". Tilson is also one of the most connected men on Wall Street, having met with Warren Buffett, Presidents Bill Clinton and Barack Obama, and an extensive list of Wall Street insiders. Today his Empire Investment Report is one of the most sought out pieces of investment advice today, coming from the man who predicted the dot-com crash, the market bottom in 2008, the housing bust, and the bubbles in bitcoin, pot stocks, and 3-D printing. WHITNEY TILSON: TWITTER: https://twitter.com/whitneytilson WEBSITE: https://www.tilsonfunds.com/

Legendary Investor Whitney Tilson speaks to students at Fordham University about his high profile career in investing. Whitney ran Hedge Fund Kase Capital Management for nearly 2 decades and is regarded by many as being one of the brightest minds in the industry. In fact, while running Kase Capital, Whitney beat the market 11 out of the 15 years he was managing outside capital. Whitney today now operates Empire Financial Research where he shares his best investment ideas with his followers.

Whitney Tilson details his transformation from momentum trader to an investor living by Warren Buffett’s advice that “it’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” Tilson shares his views on WeWork’s IPO trouble, Amazon, Fannie Mae, and beaten-up European financials. This interview was published as a video on Real Vision in September, and the podcast introduction is provided by Alex Rosenberg. Learn more about your ad choices. Visit megaphone.fm/adchoices

**The first ever BENZINGA TRADING SUMMIT is June 20 at the Sheraton Times Square. Don't miss the chance to learn strategies firsthand from traders across Wall Street, including PreMarket Prep's Joel Elconin and Dennis Dick. To get your ticket today go to BZPROFIT.COM and enter the promo code PMP15 to get 15% off** PreMarket Prep is a live trading talk show that airs weekdays from 8-9 am ET on YouTube as well as http://premarket.benzinga.com/pre-market-show/ Check out our chat rooms to get your questions answered on the show! We pride ourselves on being the best source of premarket trading strategy, and we feature some of Wall Street’s best traders as guests. On today’s show, we discuss…. - The UTX-RTN merger - CRM acquiring DATA - A large shareholder in TLRY extending their lockup Featured Guest: Whitney Tilson, Empire Financial Research, former Hedge Fund manager (34:30) Meet the Hosts: Dennis Dick Bio: http://www.premarketprep.com/author/premarketinfo/ Twitter: https://twitter.com/TripleDTrader Joel Elconin Bio: http://www.premarketprep.com/author/joelelconin/ Twitter: https://twitter.com/Spus Tune into the show live or via podcast! iTunes: https://itunes.apple.com/us/podcast/benzinga-tv Soundcloud: https://soundcloud.com/bztv Stitcher: https://www.stitcher.com/podcast/benzinga-morning-show TuneIn: https://tunein.com/podcasts/Business--Economics/Benzinga-TV-p1006070/ Google Play: https://play.google.com/music/listen?u=0#/ps/Id2myc5nfdgd4pry47sjss2n2my Like the show? Keep up with all Benzinga news! Visit https://www.benzinga.com/ to subscribe to our newsletter Visit https://twitter.com/Benzinga to follow us on Twitter Visit https://www.facebook.com/Benzinga/ to like us on Facebook Be sure to check out https://pro.benzinga.com/. Benzinga’s real-time news platform with all the information you need to invest better today

Extreme Value editor Dan Ferris chats about the “Amazon of Africa,” IPO, the death of retail, and Apple & Qualcomm's fight. Former hedge fund manager and founder of Empire Financial Research, Whitney Tilson, stops by to explain why he thinks Tesla is the most dangerous stock in America.

Extreme Value editor Dan Ferris chats about the “Amazon of Africa,” IPO, the death of retail, and Apple & Qualcomm’s fight. Former hedge fund manager and founder of Empire Financial Research, Whitney Tilson, stops by to explain why he thinks Tesla is the most dangerous stock in America.

As the selloff continues, a lot of familiar names are making history in the worst kind of way. Facebook is on track to post its longest losing streak ever, with its third straight month in the red. And while a recent New York Times report savaging its top management won’t help any, Dan Ferris notes that value investors still like the company – if they’re willing to wait 2-5 years.  But Facebook is far from the only big name on the run. Bitcoin’s latest crash has brought it 9% below the $5,000 mark, and Nvidia suffered a $25 billion valuation wipeout after its earnings debacle.  Even nimble options plays are having a hard time navigating the choppy markets, as optionselers.com went dark after its catastrophic loss in NatGas.  So, which selloffs are opportunities – and which are just the beginning of something far worse to come? Dan Ferris has the same warning: “These “best businesses” – they will not save you.” Later on, he and Buck are joined by this week’s special guest. Whitney Tilson was the founder and Managing Partner of Kase Capital Management, which manages three value-oriented hedge funds. Whitney is also the co-founder of Value Investor Insight, an investment newsletter. He 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. In weeks like this one, his advice is especially pertinent – most of all when some historical perspective is called for. 

Hello Listeners, Today is a very special episode with Whitney Tilson where we talk about his stories of shorting and lessons he learned through the years. In addition, Kase Learning has an upcoming All Shorting Conference December 3rd. For those listening, use VW10 to save for either the live event or webinar. https://www.kaselearning.com/ Enjoy and thanks for the listen!

Whitney Tilson is the founder of Kase Learning and was the founder and portfolio manager of Kase Capital. What led him to leave the asset management game to go into teaching others? That's where we start our special interview with him, but it goes far beyond that as we discuss the fate of long/short value investing, the problems with having too much success too early, and why shortselling is worth studying even if it might not be the best strategy for most investors. Learn more about your ad choices. Visit megaphone.fm/adchoices

Whitney Tilson, Founder and former Managing Partner of Kase Capital spent nearly 20 years in the hedgefund business before shutting down his firm last year. He shares his tips on value investing.

In segment 1: I reveal my biggest holding, and what I believe to be the most intriguing deal situation on the board. Segment 2: Lehman Brothers. Allied Capital. Green Mountain Coffee. There was a moment in time where if David Einhorn shorted a stock, it was regarded as a possible death sentence for the shares. However, for both Einhorn and contemporary Bill Ackman, the last few years have proven to be difficult. In part II of my interview with Whitney Tilson, we discuss these two legendary hedge fund managers, and Whitney describes who he believes is the best hedge fund that no one's ever heard of .

Jason Kelly and guest co-host Taylor Riggs speak to Chris Zaccarelli, CIO at Independent Advisor Alliance, about concerns that Turkey's economic crisis may spread globally. Lisa Pham, Bloomberg News European Equities Reporter, discusses how former New York hedge fund manager Whitney Tilson is waiting on about $170,000 from shorting Lehman Brothers before it collapsed. Seema Shah, Bloomberg Intelligence Senior Consumer Analyst, and Joe Feldman, Retail Analyst at Telsey Advisory Group, break down Home Depot earnings.Jon Erlichman, Anchor of BNN Bloomberg's The Open, talks about Tesla's attempts to line up funding to go private. And we Drive to the Close with Tom Plumb, President and CEO at Plumb Funds.   Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Jason Kelly and guest co-host Taylor Riggs speak to Chris Zaccarelli, CIO at Independent Advisor Alliance, about concerns that Turkey’s economic crisis may spread globally. Lisa Pham, Bloomberg News European Equities Reporter, discusses how former New York hedge fund manager Whitney Tilson is waiting on about $170,000 from shorting Lehman Brothers before it collapsed. Seema Shah, Bloomberg Intelligence Senior Consumer Analyst, and Joe Feldman, Retail Analyst at Telsey Advisory Group, break down Home Depot earnings.Jon Erlichman, Anchor of BNN Bloomberg's The Open, talks about Tesla’s attempts to line up funding to go private. And we Drive to the Close with Tom Plumb, President and CEO at Plumb Funds.  

How does a short idea from a hedge fund with only $100mm under management suddenly land on one of America's highest rated programs? The origins, details, risks and aftermath of perhaps this decade's greatest short: Lumber Liquidators. I sit down with Whitney Tilson to discuss the process, and talk a little Tesla.

Whitney Tilson talks life https://www.valuewalk.com/

Good Morning Listeners, Today is a very special episode with Whitney Tilson. We talk about the early days of running a hedge fund with no prior experience, why he shut down Kase Capital, and why he launched Kase Learning. Whitney is a graduate of Harvard College and Harvard Business School. He previously managed T2 Partners and Kase Capital. Whitney also coauthored several books such as “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”, “Poor Charlie's Almanack”. If you would like to attend any of the boot camps, we have a special discount code for Valuewalk readers! Please use Code: VW10 to receive 10% off and follow the link: www.kaselearing.com Below is an excerpt about how Whitney started his fund. “It was back in late 1998, late 90s in general, for the first time in my life, I had 10,000 bucks in my bank account. Necessity being the mother of invention, I wanted to know what to do with it. This was a few years after I graduated Harvard Business School, my wife was working in the city as a lawyer and we finally paid off all my debts and had a little bit of money in the bank. I remember calling Bill Ackman, who was a friend of mine from college, and asked him about investing. He said read all of Warren Buffet’s letters and that is everything you need to know. So I did and keep in mind the 90s was a decade long in a very long bull market and was a great time to be in stocks. Every stock I picked one up and said this is great, I am God’s gift to investing. In hindsight I was more of a bull market genius. It is sort of ironic because I see a lot of them today, 9 years into this bull market. After a couple of years making a lot of money, I remember the biggest winner was AOL back in the early days and made 6 times my money in that one year. That really convinced me that I was God’s gift to investing. In late 1998, the idea just struck me that I should follow in my friend, Bill Ackman’s footsteps, and start my own hedge fund. He at that point was managing his original fund, Gotham Partners and Bill and his partner, David Berkowitz, had grown from 3 million to maybe 500 million under management and were doing incredibly well. That was an inspiration for me as well. So I decided to hang out my shingle as the world’s smallest hedge fund about 6 weeks later. So 6 weeks after I decided to start my own fund, I had opened my doors. I had 3 investors and 1.1 million dollars under management of my own money, my parents, and my in-laws and that is how I started almost 20 years ago.“ 1:14 – What led you down the hedge fund industry and why did you start your own fund? 3:29 – What were the early days like when you were launching your hedge fund? 10:49 – Did you have any mentors to learn business from in the early days? 12:01 – What lessons did you learn running your own hedge fund? 20:45 – How should you balance your time early on in your career and where should you spend it? 22:54 – What did you enjoy most about running your own fund? 24:27 – You recently closed down your fund, can you tell me what happened? 38:41 – What led to creating Kase Learning? 48:12 – Can you talk about the life lesson aspect of the boot camp? 54:08 – Can you tell me more about your experience with sleep deprivation and rebirth of ideas? 58:18 – If you were to go back in time when you first started your hedge fund, what would you have done differently with what you know now? 1:00:58 – Can you tell me more about the short selling conference and is this a good time to be short selling? 1:06:17 – What are your favorite books? 1:10:56 – What are your hobbies? Enjoy and thanks for the listen!

Rangeley Capital's Portfolio Managers, Chris DeMuth and Andrew Walker, discuss Donald Trump nominating Exxon (XOM) CEO Rex Tillerson for Secretary of State; then, they discuss Senator Liz Warren's attack on hedge fund manager Whitney Tilson.

In this episode of the Education Revolution Podcast, we interview Whitney Tilson. Tilson is one of the founders of Democrats for Education Reform, which aims to move the Democratic Party to embrace "genuine school reform", and serves on the board of the Knowledge is Power Program (KIPP). Jerry and Whitney talk about Trump's possible education reforms, pros and cons of charter schools, and go in depth about KIPP charter schools in particular. This interview is part of a series AERO is doing to talk to people with a variety of points of view about what effects this election will have on education.

Whitney Tilson discusses current issues of corporate integrity, shares lessons learned from short selling, and takes audience questions.

Whitney Tilson discusses current issues of corporate integrity, shares lessons learned from short selling, and takes audience questions.

Whitney Tilson discusses current issues of corporate integrity, shares lessons learned from short selling, and takes audience questions.

A conversation with Whitney Tilson. We discuss Berkshire Hathaway, AIG, Citigroup, and possibility of a 3-D printing bubble.

Our special guest this week is hedge-fund manager and noted value investor Whitney Tilson. He's also the bestselling author of The Art of Value Investing: How the World's Best Investors Beat the Market.   If you want to learn more about how the best investors in the world find great businesses at discount prices, you won't want to miss Porter and Whitney's conversation (11:50).   You'll learn about Whitney's simple philosophy of "opportunistic value investing"... How he's made huge gains on value stocks that Warren Buffett would likely never consider...   And if you're looking for new investment ideas, Whitney gives away one of his favorite stock picks right now.   If you care at all about becoming a better investor, this interview is something you absolutely should not miss.  

Whitney Tilson, investor and champion of education initiatives, from KIPP to TFA, discusses genuine school reform and reflects on why he spends his free time committed to this fight.

Total Education Network airs education talk shows 7 days a week. On today's show, The Total Tutor and Pamela Owens will interview Whitney Tilson. Whitney will be defending the allegations of bloggers that Kipp Charter Schools counsels kids out. TFT called in and ask Whitney some questions. In addition, Dr. Kari Miller will co host a lively discussion about Kipp Charter Schools, School Choice, and public schools. The Total Tutor will also interview Vicki Cobb. She will be having one of her great non fiction children's literature authors to call the program.

The Total Education Network airs education talk shows 7 days a week. On tonight's show, The Total Tutor will interview Dr. Shellie Hipski author of Mentoring Magic, Dr Eric Bieniek autism expert, and Angie Logero a parent of a child with PDD-NOS. In addition, The Total Tutor will interview Whitney Tilson. Whitney is an expert on charter schools. We will discuss why charter schools are a great option for parents.  Bronx teacher called into the program and has some very interesting questions for Whitney

Whitney Tilson, Gary Shilling, Tom Gardner and more debate the future of the markets.

Guests:Whitney Tilson: Founder & CEO - Empire Financial Researchhttps://empirefinancialresearch.com/Hosts:Elliot Lanehttps://www.twitter.com/ElliotLane10Javier Hassehttp://www.twitter.com/JavierHasseSupport this podcast at — https://redcircle.com/benzinga-cannabis-hour/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy