How to become a great stock picker, developing the discipline to let winners ride, and why DWAC is engineered to destroy retail investors w/ Whitney Tilson

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.