Enrique Abeyta is the Chief Trading Strategist at Paradigm Press, the editor of the Breaking Profits newsletter, and a former hedge fund manager who spent 25 years on Wall Street across four funds. He co-founded Empire Financial Research with Whitney Tilson in 2019, ran it until the publisher ceased operations in late 2023, and landed at Paradigm Press in 2024 as the third marquee name alongside Jim Rickards and James Altucher. His current campaign is the AI Endgame pitch for Breaking Profits, a $49 entry-level newsletter that teases six stocks across the AI infrastructure stack.
This is the file on Abeyta. The career, the funds, the Empire Financial chapter, the current Paradigm Press structure, the track record question, and the campaign that has him pitching AI disruption to retail investors. The AI stock picker convergence places Breaking Profits among the eight simultaneous AI-picks-your-stocks products running in summer 2026.
Denver to Wharton
Abeyta grew up in Denver, Colorado and Phoenix, Arizona, and has described his background in marketing materials as coming from poverty in Denver trailer parks. He graduated cum laude from the Wharton School of Business at the University of Pennsylvania with a degree in Finance, Multinational Management, and Japanese. During his time at Penn, he was an early founder of the Wharton Fellows Fund, a student-run endowment investment fund, and spent three years as head of research at the Pennsylvania Investment Alliance, the oldest student-run investment club in the United States. He has written that his Wharton classmates collectively manage over $1 trillion in assets today.
The trailer-park-to-Wharton arc is the marketing-bio version. The verifiable version is cum laude from Wharton with a finance degree and early leadership roles in student investment organizations, which is a real credential. The gap between the two versions is the one every reader should hold when evaluating the background section of any newsletter pitch.
Lehman Brothers and Martin Sosnoff
Abeyta started as a banker at Lehman Brothers after graduation, but has said he wanted to move to the investing side as soon as possible. His break came two years into his career, when he joined the hedge fund run by Martin Sosnoff, one of the oldest hedge funds in existence, dating to 1960. Abeyta has written that there were four people managing over $3 billion in capital when he joined, and that this was his first portfolio management job, at age 26. Sosnoff is a real figure in the hedge fund world, a value-oriented manager who wrote columns for Forbes and authored several books on investing. The Sosnoff pedigree is the strongest independently verifiable credential on Abeyta’s resume, because Sosnoff’s fund was a known institution with a decades-long track record.
Stadia Capital and 360 Global Capital
In January 2001, Abeyta co-founded Stadia Capital as managing member and portfolio manager. According to his Stansberry Research conference bio and finnotes.org profile, Stadia oversaw more than $750 million when he joined and grew to $1.4 billion in assets under management during his six-year tenure, with a six-person investment team. LinkedIn confirms the tenure: January 2001 to October 2007, six years and nine months. Stadia was a long/short equity fund focused on capital-intensive industries including technology, media, telecom, utilities, energy, industrials, and transports.
In August 2007, Abeyta founded 360 Global Capital as a diversified alternative asset manager focused on public and private investments across the same capital-intensive sectors. LinkedIn confirms the tenure: August 2007 to December 2011, four years and four months. The fund grew to a peak of $260 million in assets under management, managing a small team of investors. The scale difference between Stadia and 360 Global is notable: $1.4 billion down to $260 million peak. The Stansberry conference bio frames the aggregate as growing his hedge fund from $585,000 to $1.4 billion, but that figure conflates the Stadia growth story with a seed-capital number that is not independently verifiable, and LinkedIn shows he joined Stadia when it already had $750 million.
After 360 Global Capital, Abeyta joined the founding team of Falcon Edge Capital, which later became Alpha Wave Global. His role there focused on short-selling. Falcon Edge launched with over $1 billion in assets and now manages more than $30 billion, though Abeyta was a founding team member, not the lead manager. His own HX Research letter claims the two funds he founded and ran, Stadia and 360 Global, collectively raised over $2 billion in assets. A finnotes.org profile claims over $5 billion, but that figure aggregates across all four funds he was associated with, including Alpha Wave Global’s current $30 billion, which overstates his personal track record.
Project M Group
After two decades in hedge funds, Abeyta took what he describes as an entrepreneurial detour. Along with partners, he acquired several music media businesses, including Revolver Magazine, and relaunched them with a focus on e-commerce. Over six years, they built the business to roughly $20 million in revenue. The music media chapter is unusual for a newsletter editor, and it is the kind of biographical detail that separates Abeyta from the typical analyst-turned-publisher career path. It also means he spent six years outside the markets entirely, which is worth filing when evaluating the continuity of his investment track record.
Empire Financial Research
In 2019, Whitney Tilson asked Abeyta to join him in launching Empire Financial Research, a new newsletter company under the Stansberry Research umbrella. Abeyta co-founded Empire with Tilson and served as editor of Empire Elite Trader, Empire Elite Growth, and Empire Elite Income newsletters, plus the Empire Elite Data product. Empire Elite Growth was priced at $2,000 per year with no refunds. Empire Elite Trader was a short-term trading advisory recommending trades held for less than a few months in smaller US companies.
Empire Financial Research operated from August 2019 to November 2023, when it ceased operations. LinkedIn confirms Abeyta’s tenure ended in November 2023, four years and three months after joining. The shutdown coincided with broader contraction in the MarketWise family of publishers, the publicly traded parent company of Stansberry Research. Tilson moved fully into Stansberry Research’s editorial team, and Abeyta struck out on his own.
HX Research and Paradigm Press
In 2024, Abeyta founded HX Research, a self-publishing venture with a team of three, including two former colleagues. He launched a free daily e-letter called HX Daily. Later in 2024, he joined Paradigm Press as Chief Trading Strategist and editor of three publications: Truth and Trends, a free daily e-letter; Breaking Profits, a monthly investment newsletter; and The Maverick, a weekly trading publication priced at $5,000 per year. Paradigm Press is the Baltimore-based publisher that also houses Jim Rickards and James Altucher, and Abeyta is being positioned as the third marquee name alongside the two established stars.
Paradigm Press was founded in 2018 and has 40 to 50 employees. It is part of the MarketWise ecosystem, the same publicly traded parent company that owns Stansberry Research, InvestorPlace, and TradeSmith. The structure means Abeyta moved from one MarketWise subsidiary, Empire Financial Research, to another, Paradigm Press, with a brief self-publishing stint in between.
The AI Endgame Campaign
Abeyta’s active 2026 campaign is the AI Endgame pitch for Breaking Profits, which launched with a February 23, 2026 press release on GlobeNewswire and was followed by additional releases on February 26 and 27. The thesis is that AI is transitioning from a productivity tool into a force that will permanently alter employment and economic structures, potentially by 2027. Abeyta frames this through a three-phase cycle: Foundation, Acceleration, and End Game, drawing parallels to the internet boom.
The pitch teases six stocks across four special reports. Two are framed as direct AI innovators in cybersecurity and identity verification. Three are infrastructure plays, including a rare-earth magnet producer for robotics, an advanced semiconductor manufacturer, and a high-speed data interconnect company. One is an energy play for AI data centers. A fifth report identifies five companies at risk of disruption. The picks have been solved by third-party sites, but the dossier does not name them. A separate promo breakdown covers the AI Endgame thesis and the specific picks in detail.
The AI Endgame pitch is structurally familiar. The thesis that AI will displace jobs, reshape industries, and create winners and losers is the same framework every major US publisher is selling in summer 2026. Abeyta’s version adds the hedge-fund-manager credential and the three-phase historical parallel, but the underlying claim is the same one running across eight concurrent campaigns.
The Track Record Question
Abeyta’s verifiable track record components are the Stadia Capital growth from $750 million to $1.4 billion over six years, the Sosnoff fund pedigree, and the Stansberry conference bio claim of outperforming the S&P 500 over a 15-year period including positive returns during the dot-com crash and the 2008 financial crisis. Past performance does not guarantee future results. The hedge fund performance figures are self-reported by Abeyta in his publisher bios and conference speaker page, and carry no third-party audit. Hedge fund performance is not publicly filed, unlike mutual fund performance, and the two funds Abeyta founded are now closed, which means there is no live track record to verify against.
The newsletter track record is thinner and more checkable. Stock Gumshoe tracks Abeyta’s Empire Elite Growth picks and his Breaking Profits picks. His most visible prior call was a pure-play enterprise AI software company he pitched as his number one AI stock for 2023 through Empire Elite Growth, which declined more than 50 percent in the months following the recommendation per Gumshoe’s tracking. The Breaking Profits picks launched in early 2026 and Gumshoe is tracking six of them, with mixed early results ranging from a gain of over 50 percent on the energy infrastructure play to a decline of roughly 17 percent on the identity verification pick, as of Gumshoe’s most recent update. Past performance does not guarantee future results. The Breaking Profits product is new, the Gumshoe sample size is small, and the time window is short, which means the newsletter track record is still forming.
The gap is the same gap every newsletter track record carries. Mark Hulbert’s Financial Digest, which independently tracked newsletter performance by risk-adjusted return, ceased publication in 2016. The post-Hulbert performance claims, the hedge fund outperformance numbers, and the Breaking Profits model portfolio are all self-reported by Abeyta and the publisher. The Sosnoff fund pedigree and the Stadia Capital AUM growth are the only components with institutional context, and even those carry no audited performance figures. The distinction between the audited components and the self-reported components is the one every reader should hold when evaluating the Breaking Profits pitch.
What Breaking Profits Costs
Breaking Profits is priced at $49 for a six-month trial subscription, against a regular price of $299, with a 90-day refund period. The $49 price point makes it an entry-level newsletter in the MarketWise pricing architecture, the tripwire tier that converts free e-letter readers into paid subscribers before the upsell to The Maverick at $5,000 per year. The Maverick is the premium weekly trading publication that Abeyta also edits, and it has not yet been promoted with a standalone teaser campaign. The 90-day refund window is longer than the 30-day terms common at Stansberry Research and InvestorPlace, though it is shorter than the 365-day window at the Oxford Club.
The pricing structure follows the standard MarketWise ladder, with Breaking Profits at $49 as the front-end and The Maverick at $5,000 as the back-end. The free Truth and Trends daily e-letter is the feeder that directs readers toward the paid products. The structure is identical to the one that drives every other MarketWise subsidiary, and the newsletter pricing architecture is the structural piece the single-product price page sits inside.
The Two Layers
Enrique Abeyta’s career spans 25 years of institutional money management across four funds, a six-year detour into music media e-commerce, a four-year stint co-founding a newsletter company with Whitney Tilson, and a current position as the third name at a publisher that already houses two of the most promoted gurus in the business. The Sosnoff pedigree and the Stadia Capital AUM growth are real institutional credentials that distinguish him from analysts who came up through the newsletter business. The track record claims that extend beyond those credentials, the hedge fund outperformance figures, the AI Endgame thesis, and the Breaking Profits picks are self-reported and unaudited.
The 2026 campaign reaches for the largest framework available. The AI Endgame thesis is the same disruption narrative running across every major US publisher, and Abeyta’s version wraps it in hedge-fund-manager credibility and a three-phase historical parallel. Breaking Profits at $49 with a 90-day refund window is a low-cost entry point for evaluating the research against the marketing with limited financial exposure. The Maverick at $5,000 is the back-end that the front-end is designed to feed. For the full gurus index, see Guru Dossiers.