287: [Andrew Einhorn] LevelField's Ai Investment Research Platform Explained

>> Anthony Weaver: This episode is sponsored by kitcaster.com back. >> Andrew: All this dinosaur blood and oil. Like, why can't we get down there and just put a rod, you know, into the lava and put some steam out there? And then, boom, there you go. Solve the problem. Iceland is 100. That. >> Anthony Weaver: Yeah, they are. Um, and I actually thought that was actually pretty cool that they have that. And I'm, um, surprised nobody else had

decided to think, like, oh, yeah, they doing something great. Let's copy that. Yes.

Welcome, everybody back to another exciting show, the about that Water podcast, where we help the sandwich generation build strong financial habits so that they can spend money, talk about money, and even enjoy their money with confidence. Today I have somebody who is heavily invested in the AI spectrum. But remember, AI is just an umbrella. This is actually helping you to do better with your investments. And. And thank you so much for coming on today. How you doing today, Andrew?

>> Andrew: I'm great, thanks. Thanks for having me on. Appreciate it. >> Anthony Weaver: No problem. So I'm tired of hearing AI. AI does AI That. Um, but we all. It's. It's our life right now, and we still trying to get better with it. And that's the reason. One. One of the reasons why I really glad that you decided to come on this show to kind of help us get better without finances, utilizing AI.

Um, so first off, what is a good AI trade right now that you're looking into? >> Andrew: Oh, when we were doing one actually today, if I remember, is Big Bear AI, which is an AI company itself. It's also a stock bbai. Um, it's in the middle of a small, short squeeze, so they had, uh, a number of government contracts that they secured, which was a bit surprising because I thought. I thought the government was closed for a little while,

um, with all the cuts they're making. But seems like they're still issuing new contracts, and they got a couple big ones. And so those who are betting against the share price are getting squeezed. So it started out about $3.80. Last time I looked at it was at $9.40 and climbing. So we sent a notice to our members, and we did the math. We're like, there's, uh, like, 2.4 million options contracts that have been sold that expire in a week at $8. Like, these people are gonna

have to get out of this position. And the only way to do that is to buy the stock, which forces it up. So, you know, within, like, three hours, uh, our members made 50%. Today I did, too. So that was fun. >> Anthony Weaver: Nice. >> Andrew: And, um, those are always Good. So it's an interesting AI company that uh, they really track foreign news. That's their

specialty. Track and analyze news from foreign companies and kind of give a summary to the State Department, CIA agents and, and Defense Department about all the bad stuff that's being said about America globally and kind of rising trends. Uh, so as you can imagine, given some of the recent moves with this new administration, there's some concerns about market reactions globally, uh, to say the least. >> Anthony Weaver: Right.

>> Andrew: Um, so they might be in the right place at the right time. You know, chaos is good for business. And I think the last contract they got was like, I want to say it's 185 million, but I could be remembering it might be more than that. >> Anthony Weaver: Jeez. I mean, that's good for them. Good for business. >> Andrew: Yeah, it's, it's, it's very good for business.

You know, I, I wish them luck. I, uh, haven't had a chance to really go deep into their technology, but I did notice, you know, the stock for a while kind of traded like a meme stock, you know, for like last six months. Um, it just traded with a bundle of other ones that were like highly volatile, like the quantum stocks and stocks, uh, like upstarts. It was very like, was clearly algorithmic movements. But now

it's like completely broken out from that. It's on its own and it's starting to get attention on the Reddit forums and you know, you got all the moon, moon and rocket icons coming out.

>> Anthony Weaver: Yeah, look out. >> Andrew: Love all the time, uh, diamond hands and all that kind of stuff. Although, you know, I was reading reports and the diamond market is like dying because now they can make them in labs. So some of the companies like the beers and uh, Signet, they're like hoarding diamonds just, just, just to keep demand up. >> Anthony Weaver: Right. But if you think about it, because I, uh, think somebody was looking into the Rolex, for

instance. The plain Jane. Rolex is more expensive and more of a timeless piece. But as soon as you start adding those diamonds into there, you're chipping away the gold and to add in the diamond. But the gold is more of a commodity, so it's constantly fluctuating dayto day, like midday. I believe it changes what is changed twice a day. Right. If I'm not mistaken. >> Andrew: Yeah, I mean the, the price is moving at least on my monitor all the time. Oh,

a bit in ass. So, yeah, it's uh, it's, it's highly aligned with the treasury yields right now. So if you watch the 10 year treasury yield, you know, every time starts to go up. >> Anthony Weaver: So you started, so you started this company called like Level Fields AI. Like what problems does this company actually starts to solve? >> Andrew: So the main challenge is trying to keep up with information

flow. So if you are a Goldman Sachs size organization where you can assign one person to cover 10 stocks and then you know, have 2,000 people to cover the whole market and international markets,

good for them. But if you're a independent investor and you're trying to monitor 6,000 stocks just on the US exchanges, all their announcements, you know, the four earnings releases per year, the product launches, the CEO changes, what's going on in the macro environment, what's coming out of the White House, uh, which is just in a job in of itself to follow the executive orders daily. You're drowning in information, you

can't, you can't keep up with it. So what normally happens is people just kind of grab 10 stocks that they know and that are talked about the most by the media. Mag 7, you know, the Teslas and the Googles and the Microsofts and Nvidias and everybody crowds the same trades and the media keeps talking about the same companies. But there's like thousands of other really great companies out there that you're missing out on while everyone's pouring into the same

trades. So the idea was can we kind of level the playing field and give superpowers to an average investor by having AI search agents monitor for not just news, but news that actually matters, Right. Company announcements that we have already correlated to share price moves. So by the time you hear about it from, from our system, you know, like this is an event that's going to change the share price. What you do with that is up to you. Some people trade on it, some people are just using it

to monitor, you know, their existing holdings. Some people are just looking for companies they never heard of. And what starts to happen is you find these like really interesting gems out there. You know, companies that uh, they'll announce they're doing a special dividend of like 8% and all you have to do is buy the stock and hold it for two days and you're eligible for an 8% dividend. >> Anthony Weaver: Nice. >> Andrew: You can look at that and say, well why are they doing

it? That's the next question. And you might find something, some, some strange correlation and that's there, right? Like a coal company starts to do it. All of a sudden you might ask what's going on with coal? And then you look and you see coal prices have like tripled because the war started in, uh, in Ukraine by Russia, and Russia cuts off the gas to Europe and the Europeans start switching to coal away from gas. Right. So those things have this like, butterfly effect that the system's able to

identify for you. So you don't think about it. >> Anthony Weaver: That is great. Um, because we were just talking about it like in the green room, I guess you'd say, is like how the President is saying certain things and next thing you know, we don't know what's going to happen next. >> Andrew: Yeah, yeah, exactly. And you start to see some of the reactions. Right? So like oil companies, for example, they know, right? Deregulation is coming.

They don't know exactly what that looks. Well, maybe they do. I don't know. They could have had the conversations behind the scenes with Trump, who knows? But they start to take a little bit of a more relaxed approach with their cash. So they're sitting on cash just in case, and then all of a sudden they realize, oh, in the next four years we're going to get rid of all these regulations and fines. We, we can actually take our cash and buy back our

stock. Fewer shares means more value per share, drives the share price up. And so you start to see this, this reaction on a daily basis to like these executive orders that are coming out seemingly every few hours. And it's changing the market every time it drops. I mean, it's like one day it was like, oh, you know, slap tariffs on Canada and Mexico. So you see all the car companies just crater. And then it was like two hours later, Mexico's like, we made a deal.

>> Anthony Weaver: Yeah, I heard. >> Andrew: Yeah, the auto stocks popped and you know, we're like, all right, igm, um, you know, make their stuff in Mexico.

>> Anthony Weaver: Um, can you explain a little bit like how like level fields actually look at the approach of event driven investing? >> Andrew: Yeah, so we, we're, we're effectively doing what large hedge funds do to make themselves so successful. M. The difference is we're democratizing access to it. So if you're a Bill Amman running Pershing Square, uh, you know, and he's responsible for. It's commonly referred to in the industry as the greatest trade of

all time. Which I don't know if it was the greatest, but it was certainly one of the biggest. And he was basically shorting Covid time, shorting the market during COVID made two and a half billion dollars inside of a, uh, month of a 20 million dollar or so investment. So they do this stuff all the time, Right. They're betting on the events and then There's a reason for it. About 15% of all their trades are based on events. Like purely events and other repositioning is often

driven by events. But you need a lot of people to monitor the market, to figure out what to do and how to act and how to react to these events. And you need that like 20 year knowledge on Wall street to know how to do this. So we've taken all of that knowledge and all that capability and we have put it in the system. So you don't need to have been an expert, you know, for 20 years on wall Street. The system just figures that out for you. We've already done the correlation analysis. The event

comes out, you know, it's proven to move share prices. It matters. You could ignore a lot of the noise. All these opinions out there about what's going to be the next Nvidia, that is just a joke, right? Uh, we, we just take a very sensible point of view. This is our philosophy is you cannot predict the future beyond a couple years. Right. So we can kind of see like the effect of some policies maybe a year out, uh, two years out. After

that, you don't really know because there's other factors that happen. You've got wars, pandemics, weather events, policy, uh, shifts, you know, shifts in the general population, competition that comes

in. So we kind of take this mindset of like, why bother trying to go long term and figure out all these long term winners when there's a million short term opportunities that you can make money off of and then put the money back into a safe place so that, you know, some politician or leader somewhere doesn't just decide that they want to, you know, invade the rest of Europe and the market crashes. You know, there's always some potential black swan event that can wipe everything out.

>> Anthony Weaver: Yeah. >> Andrew: And so we look at that and say, you know, if, uh, you have a series of different types of events, they are predictive of the next three months, maybe six months, maybe 12 after that. You know, we don't know. But if you can make 50% in 12 months, why would you bother holding something, you know, for, for years, during the period of time when it's already overvalued? And you see that again and again. Like, you know, think of a stock like Zoom.

>> Anthony Weaver: Yeah. >> Andrew: Which was like the biggest dog of the pandemic, right? >> Anthony Weaver: Definitely. Yeah. >> Andrew: And it's just been sitting around, you know, think low 30s forever. So if you bought and held, you would have wasted 400% gain and be right back to where you entered over a Five year period. Like that's not fun. >> Anthony Weaver: So how. Well, because I was um, thinking about that, a lot of people keep saying as well, you can

do dollar cost averaging. For those of you who are not new to this, it's just pretty much you just take that flat fee, just gonna buy whatever the stock is at either on a monthly, yearly, weekly basis, whatever you decide to do. And they just like, all right, well I'm just sit on it.

Um, but also from a financial perspective, a lot of the times most of us in this community talk about ETFs and just kind of like, hey, just keep it a low cost etf. What is the benefit of utilizing? Is there a fee to use this annually? Uh, or is it based on how much money you put in there, how the finances work for utilizing such an AI platform like level fields? >> Andrew: Sure. So our starting price is

$300 a year. To get in, use the platform if you want like the premier version with all the bells and whistles and unlimited everything and some analyst assisted trades like the one I was mentioning that we sent out, that's 167amonth or it's 20% discounted if you do annual.

Um, so if you look at it like the market rate I think just sitting in cash right now, somewhere between four and four and a quarter percent for a year, a really good dividend stock would probably give, you know, three and a half, four and a half percent yield per year. We're doing those events and then happen in like an hour. M. So you can kind of do repeated events. Let's say you did one a week and you made 3% a week. Conservatively we have a lot of events.

Well, that's 12% a month times 12 months and you're up uh, 144%. Now that's obviously if everything goes to plan. But even if you, you create some losses along the way, that's still going to be 10 times what you can get just sticking your money in the S and P and leaving it long term. I mean the index investing is good, it's safe. It's easy to do if you're dollar cost averaging and you're doing the indexes. But there are big drawdowns, right? Covid was a 30 drawdown, 2022, we had a 25%

drawdown. We go back in end of 2018 there was a 20% drawdown. When you look at the financial crisis, that was a 50% drawdown in 2008. And then in 2000 it was a 60% drawdown. For you know, the Nasdaq and the S P. And then from 2000 to about 2013 there were zero returns for the S P500 zero. Wow. So you would not be making anything unless you did the dollar cost averaging and we're buying the dips along the way. But if you just bought and held like there's no returns.

So there's a lot of volatility there. And not everybody has that kind of time frame. >> Anthony Weaver: Yes. >> Andrew: Where you can just wait forever until things come back. Right. Because some of us are old and we don't have that much time. Some of us actually need our money and want to use it, not just kind of watch it come and go like you're looking at the ocean. >> Anthony Weaver: You got that right. Because um, I'm thinking

of. For some of us who are like the person that's listening right now is more than likely they have because I focus on the sandwich generation which means like they have a parent or, and, or child at the same time and they looking at their finances like look, I don't have that much to deal with it but I really need to do something with my money and or my parent is actually getting older and I'm about to put them in like a retirement home because I'm tired of them living with

me. But m, they want to at least do something with their finances uh, to make this happen. And it seems like the AI tool will also sell and buy for you at the same time. >> Andrew: So we don't do the trading. That's a whole different level of regulation that we just don't want to access, don't want to deal with the sec. So it's think about it like uh, it's an AI

search agent with analytics. So if you take like a Google News with a lot more features, more power, more accuracy, no false positives and with numbers you can set up an alert and we have like preset alerts. You can say, I want to know when you know, the CEO of a poor performing company leaves, I'm going to set the financials. Because if you look at that scenario, the market rewards the share price of like finally

we got rid of this guy. You know, now we've got hope that there's someone else that can come in and turn it around. Like we saw with the Starbucks situation. So they grabbed the CEO from Chipotle recently. Starbucks stocks up 25% just on hope. >> Anthony Weaver: Wow. >> Andrew: Don't know if it's going to make us get coffee faster yet, but they did wonders for the share price. So you could look for those events and they happen

again and again and again. And that's kind of the interesting part is like, you don't need to be an expert in fundamental analysis like Warren Buffett. You just need to know, hey, every time this event happens, this is how the market reacts. And there might be a CEO departure of a poor performing company a hundred times a year. So you look at like 100 events and you can average 5% per event. That's 500 gain. There's a lot of that you can build in where you can say, you know, most of

my money I want to do this is what our users often do. They'll say, I've got 80% of my money, long term, not going to touch it. You know, whether it's in a 529 or 401k right in the indexes. But I would like to get some higher returns and have some kind of walking around extra money. So they take 10%, 20% and they devote it to event driven investing and they look for higher returns and you know, sometimes it's just steady 3%,

4%, 5% moves. Um, but in there there's always, you know, at least once a month, several events that are 50, 100. There was one that was 600 in a day. >> Anthony Weaver: Nice. >> Andrew: And you know, you capture one of those, like you've just done your return for five years, six years, and you could do it in a 24 hour period. So we're not saying that that's every event. There's definitely like a distribution curve, but

it makes it a lot easier. And you can not necessarily be an expert at the market and do this, be like, oh, I get it, you know, like Jeff Bezos leaves Amazon. Amazon stock's not going to go up. >> Anthony Weaver: Yeah, that's true. Because everybody. >> Andrew: Yeah, you know, so like if you hear about it and can move on it, like, and then our analytics will show it doesn't only go down, it goes down for about a month and then it starts to turn around after

10 dip. So what do you do? You could short the stock or you could just wait for the dip, buy the dip, and it comes up 10% and then you still own Amazon, but you bought it at a cheaper price. So those are simple kind of strategies that people play off. Um, if you're into stock options, you know, you can pretty much multiply the numbers, I said by 10, um, you know, because they have greater

gains. Um, but we try to make it really easy. And even somebody who just wants to do like basic Research on a stock we cut down a lot of the time, right. So you go in and you're looking at your, maybe your Apple stock and you're like, why the hell is it down? >> Anthony Weaver: Right, that's one of the things I was going to ask next. Yeah, yeah, it's like, is it more like a research tool to kind of help out, um, what's the current

portfolio that you have right now? So you was like, hey, I'm looking at this long term or even shortterm, like say like next week, will this go down? M. Is it a good time to buy or a good time to sell? >> Andrew: Yeah. And you can, I mean the way it will work is you subscribe, you can either track a stock, you can track a watch list, or you can just track an event type. Mhm. So you can say, you know what, every time this event happens, just let me know, I don't care what the stock

is. Or you could also set it say, you know what, anytime that um, you know, large cap tech stock is doing this type of thing, a product launch, let me know. And then we have kind of a analytics that will show like the win rate, the average price, move over a day, 10 days a month. And so it's like a weather report, right? You're looking at, you're like, oh, there's an 80% chance of rain. It's supposed to rain for five hours. I get it. I need an umbrella, pair of boots

and you know, whatever hats for the kids. You could kind of do the same thing with the stock market, like.

>> Anthony Weaver: M. I like that the way how almost like a, um, like you said, a weather ticker. And that would be good to have like on the display and running, um, almost like 24 hours almost. Instead of watching the Bloomberg and all of them showing their little ticker, you can look at your own and create your own list. >> Andrew: Yeah, exactly. And then, you know, if you, if you only want to get alerted at a certain time of day, you can do that. Like,

don't bother me the rest of the day. I just send it to me at 9 o'clock in the morning. I mean there's a lot of flexibility. So we, we're trying to cut down the time and the hassle and allow people access to more of the market. Because we feel that there's a huge media bias towards the big companies because it creates interest, it creates clicks. The clicks drive advertising revenue. That's what the publishers actually care about.

>> Anthony Weaver: Mhm. >> Andrew: So that's why Elon Musk is in the news every Day it drives clicks and eyeballs. You know, even if it's a private company like Twitter, they keep talking about. >> Anthony Weaver: It and people buy into it. >> Andrew: Yeah, people buy into it, but you miss out on all the other stuff until, and this is important too, like until you see a stock that's up, you know, 300% and then

it makes the news finally. And, and you're like, how, uh, is this helpful? It's already up. Like I'm gonna buy it here, up 300. Like, tell me when it's starting to make that move. And that's where the other aspect, the level fields is really focused on. Well, what are the events that cause those big moves over time? Like what's that catalyst that starts that process? Like how, how we find those like breadcrumb trails that are left by the leadership to then figure out, okay, I

see what's going on here. Like they're actually swimming in cash, which is why they're giving away all their money. And if I get them at that point and I hang on for, you know, a year ride, then you can ride out that longer, uh, share price increase and make a lot more money. So yeah, it's taken out risk, it's taken out time instead of maximizing returns. >> Anthony Weaver: Um, and it's also the sound like it's easing.

He was easing up, uh, the thought process and getting out of your feelings in this process. >> Andrew: That's right. We, we don't want feelings, we want data. We got enough feelings in this world on politics. We'll keep the feelings aside, make data driven decisions. And then, you know, and everyone's been there, right? Like you're sitting there and you're reading a headline, you're like, oh, uh, crap, I gotta get rid of this thing. Is this

gonna be bad? This sounds bad. Know there was an interesting research report that came out that said, um, news outlets that have more negative coverage perform better financially than news outlets that have more positive coverage. >> Anthony Weaver: That's crazy. >> Andrew: And it was like an analysis of why. Right, because human nature is, we're inclined to focus on things that could harm us as animals are roaming around the planet, you know,

once. And uh, now we're all driving our cars and then the cars are driving us. We're kind of eliminating that need to be worried about a lion jumping out and eating us. But that part of our brain is still very much there to focus on the negative information and then kind of hyper react to it. >> Anthony Weaver: That makes sense. >> Andrew: We try to take that away by saying, hey, don't worry, you

know, this Is just the mean reversion. There's a correction normally 30 days away, so might be bad today, but if you look at the numbers. Sun's coming out. >> Anthony Weaver: Yeah, we gotta make it happen. Um, so, um, I'm gonna take a quick pause here. Is it okay we continue on or you got a cut off? >> Andrew: Um, okay, yeah, I blocked it until three. >> Anthony Weaver: Okay, perfect. I'm gonna try to wrap it up in 15. Is that okay?

>> Andrew: Yeah, yeah, that's fine. Cool.

>> Anthony Weaver: All right. All right. So we wanted to know, um, because now that you've had this tool out here for a while, why did you even create this tool in the first place? Was it something that, like a passion project? Did you do it with a team? Um, did your mom tell you, like, hey, I need to get better with my finances? >> Andrew: It's kind of all the above, actually, to start with. The fact that, like, as an entrepreneur, I am pathologically optimistic that we can build

stuff to help other people. So, you know, we could build stuff to help big companies get bigger. But that's not. Doesn't really get me out of bed in the morning. Um, so we wanted to solve a problem that we knew was in the market that was going to help people and have a mission driven organization. The backstory,

there's like a long and a short version. Um, I give the short version which was we had a company prior to this for 10 years and it did a lot of like online data mine data mining and analysis also around events. Uh, it was sort of reputational damage assessments for publicly traded companies where something would happen and then our system would

identify what that something was like. For instance, we had, um, a rail company as a client and they were always, not always 20 or 30 times a year, the train would derail, crash. Sometimes it was okay, sometimes it was horrible chemical spills or oil spills. But the company was so large that they usually wouldn't even know about it until, like the CEO would turn on CNN and they would see the train, like,

burning. So usually before that there was somebody in their backyard taking a picture, putting it on Twitter. We would be able to grip that picture, flag it, send it over. And so we were always doing like real time kind of event analysis. But we started to see all these patterns, right? So company would have an event, move the share price positively or negatively.

We ended up selling that company in 2019, and the tech group and I, the kind of core product team, like regrouped and thought about, you know, what was difficult about that business, right? What went right, what went Wrong. Could we have done better? And we decided we were going to build AI to kind of autopopulate a lot of the data sets that the traditional Boolean search just couldn't do because all the false positives, as you see, um, we weren't really sure what the

target market was going to be. But we always kind of had this idea of like, maybe we're on the wrong side of this because, you know, these companies that we were helping and we felt good because they had employees and employees were people and they get to keep their jobs. But I was like, well, the company just saved a billion dollars. We got our annual contract. Maybe we should be, you know,

on the investing side of this. And then as we're trying to figure out, like, what problem specifically we were going to solve, Covid happened, which was a huge event. >> Anthony Weaver: Yeah. >> Andrew: And it changed the market and started getting phone calls from parents and cousins and brothers were concerned that this was the start of a global depression. They wouldn't have money for their kids college savings. They wouldn't have money

for retirement. This was going to wipe everybody out. And I have an unusual background of sort of starting my career as an epidemiologist, working in public health consulting for the CDC and then moving into event driven data analysis, uh, with a lot of like, market insight. I had just sold my company, so I also didn't have a day job, so I could spend 80 hours researching like every pandemic in the history of America. How did it impact stocks and what

sectors were most affected and what was the government response? And I made this massive analysis and figured out market's gonna be right back to where it was before in six months. We're gonna have a vaccine out in 12. Told people that I thought it was nuts. Um, but ultimately that's what happened. And it was just not me being that particularly bright about it. I was just looking back at what had happened in the past and saying, no,

like, they're gonna roll out the vaccine. They're gonna use some version of one that they had and they're gonna close down the schools just like they did during Zika in Miami. And the cruise ships are going to get killed, the airlines are going to get killed, hotels are going to get killed. Tech's going to do well, you know, and started it start. All started to sink in, like, hey, what just really happened was there was an event that came. No one knew how to react to

it. And yet there's this treasure trove of historical information that we could have accessed had there been a Solution to access that which didn't exist. So that was the Aha. Uh-huh. Okay. It's events, it's past movements and how they could be used to predict future

movements of prices. And it's to protect an individual who doesn't have the expertise to go do that kind of research or simply just doesn't have time and would normally be forced to wait two weeks until Goldman Sachs has bought all their positions and then released their know what stocks to buy for Covid list so that you can bump up the share price of everything they already bought. You know, just a theory. I don't know if that actually happens. Just a theory to clear the

air. Um, but yeah, I mean that's kind of a typical play. Right? Would be a smart move. So we wanted that to solve the problem. But then we realized like, well, you know, the black swan events are good, but like what really happens on a daily basis are these corporate announcements. That's where the steady flow of news is. Um, those are like, you know, death by a thousand paper cuts instead of just the big event that happens every four years. So we wanted to make that

and we did. It was hard. Um, there was a lot of problems to solve. We had to deal with real time data from the markets. We had to deal with the financial, uh, statements and balance sheets and crunching the right numbers and metrics. We had to map that to all the tickers. We had to eliminate weird false positives like Bluebirds that fly in the sky versus Bluebird Bio, you know, or, or acronyms that are used, um, and short names, you know, Astra versus AstraZeneca versus Astra,

the Rocket company. So you know, there was that, there's the price correlation. It was, it was a ton of work. We got it done by kind of launched like a minimum viable product. It was the end of 2022 and then ran a beta test for a year. So by the end of 2023 we had a lot of feedback from people saying, this is really cool. I love the alerts. You know, I don't like being on platforms all day. I just kind of want to click a few buttons and then sit back and

then I, you know, trade off of that. And so we, we saw at that point, um, there was a really big opportunity and there's a lot of demand. This was coming in the wake of 2022, which I think took a lot of new traders that came on during COVID by surprise. If you would just signed up for a Robinhood account for the first time and Thought that the market only went up. They were making so much money as you know, the government's poured $4 trillion, uh, of liquidity out there.

It's pumping up the stock market and everybody was a stock genius in 2021. And then it starts to sell off in 2022 and people start looking for strategies in 2023 that like, hey, maybe I can't just buy the index if the index is down 25%. Uh, and so that got us a lot of, I think, interest in alternative ways to think about investing. We're not the only type,

you know, but right. There's fundamental, like if you want to be in a stock forever and you want to analyze their balance sheet and their, you know, debt to equity ratios and what they're paying for interest rates and go look at all that stuff. Great. If you can do that. Most people can't or don't have the time or don't have the expertise. So they've often moved to technical analysis, which, you know, is sometimes useful.

Sometimes more like just staring at the sky and making shapes with the clouds up there.

Um, you can look at a chart and say, oh, I can see a teacup for me, buy them out. Right. Uh, so we wanted to create a third way to do this which is event driven investing and to make it accessible. Um, and I think we, we've done it. We, obviously there's always

more to do. We want to keep improving. We hope people sign up and kind of contribute that way because as they sign up or even, you know, let your friends know about level fields like that allows us to pursue this mission which, you know, admittedly there's, there's not a lot of institutions who are in kind of the investment world and necessarily want to see, democratize access to all stocks. Yeah, it eliminates the edge.

>> Anthony Weaver: So I'm thinking of, um, because I had a couple people that come on the show before to talk about ESG investing. For those, as a reminder, it's environmental, uh, social and governance. Um, does it actually track that type of investing? So somebody, somebody that really want to be more environmentally in uh, their stocks or just, it doesn't matter, just like, hey, we only going to do with this particular one. >> Andrew: We haven't added the ESG events.

Not necessarily because we don't want to, it's just because we haven't seen the correlations there. >> Anthony Weaver: Gotcha. >> Andrew: So you know, if, if Amazon comes out and they say we're going to get rid of all cardboard in the next 10 years, it doesn't actually Move the share price. >> Anthony Weaver: Interesting. >> Andrew: So while it's great, um, it's not really the thesis of the application. So

if they. If at some point, if there is a renewable technology company that comes out and says, you know, here's a new product, and that product is exciting because the unit economics are cheaper than oil, that makes the platform. >> Anthony Weaver: You know, that makes sense.

>> Andrew: An array solar that comes out with a really cool way to do solar where it doesn't just sit in a field, but it actually tracks the sun throughout the day, you know, as the earth is rotating, so that it's always facing the sun instead of only facing the sun. Sometimes, as is the case, you know, the people that show up to your house trying to sell you residential solar. >> Anthony Weaver: Right.

>> Andrew: They're going to nail it to your roof. Right. And like, you have to be facing south. Like my neighbors across the street who face north, like they're sol, they can't get solar because they face the wrong direction. But they're like, oh, you face south, so we can get some solar on your house. Um, so this, you know, cool technologies like that, that, um, there's a wave company that I saw recently come through, just got a. A government contract

they have. And that makes the platform. They have a technology of like floating buoys. And as the buoy is rocking, somehow it makes energy. >> Anthony Weaver: Okay. >> Andrew: So they put it in like a rough ocean, you know, I don't know what it's going to be. And it generates power and then they transfer that power somewhere. >> Anthony Weaver: Yeah, I've seen various ones because there's another one that sets one up on. Along the coastline and not

yet along the coastline. So as the water hits up against it, it generates power that way. Instead of putting those big boulders that they have just to kind of the wall that they put up. >> Andrew: Yep. >> Anthony Weaver: I was like, oh, uh, that sounds interesting. But does it scale? Like how. And how long does the. Did the technology last? >> Andrew: Right. And those things generally

on their own, they're not going to do very well. So he requires the government to say, yeah, you know, we don't do anything from. With the water over there because it's too rough for seas. So let's put. Let's see if we can make some money off of this. You know, they have a lease agreement. Company makes a little money selling power, but, yeah, it's not something that you're gonna see, I think, scale tremendously. Um, geothermal. We see stocks that are doing geothermal,

which. That is where I think the, the best source is, because we're all really Just sitting on a ball of lava, wondering how we get warm. Yes, we're looking to the sun like millions of miles away while sitting on a fireball pretty much. >> Anthony Weaver: So that's what you're looking at. >> Andrew: Rack all this dinosaur blood and oil, like, why can't we get down there and just put a rod, you know, into the lava and put some steam out there

and then boom, there you go, solve the problem. Iceland is 100 that. >> Anthony Weaver: Yeah, they are. Um, and I actually thought that was actually pretty cool that they have that. And I'm surprised nobody else had decide to think like, oh yeah, they doing something great. Let's copy that. >> Andrew: It's, you know, it's being done. They're trying to do it like around Yellowstone, I guess. We haven't quite figured out the drilling technology

yet, which is surprising. But so they have to go to places where there's like already access to lava flows. So Hawaii could totally do it. You know, the sort of fire ring area can do it. Um, and there are stocks that are, they're starting to kind of get there. They need the government support early on, otherwise they, they run out of cash quickly because it's expensive. But you know, if you're going to pour money into like these wave technologies versus like accessing something that's

already 3,000 degrees. Uh, I don't know. I think, I think, I think the incentive is better longer term to access the molten lava under our feet because.

>> Anthony Weaver: Um, um, I know we coming up to the end of the show a little bit here, but we talked about the features a little bit as far as like, you know, the way how you seeing the size going. But what about yourself? Um, are there like any improvements in your life far as from habits that you want to improve. Ah. Or even in your career coming up? >> Andrew: Always, you know, on a daily basis I'm trying to do

things better. Efficiency is like a big one for me because got, you know, with a startup there's always more to do than you have staff. M. So then it's like, all right, how do I prioritize? You know, what's the process for prior to doing the prioritization? So that's a constant. You know, how do other people do it? Like, how does a guy like Elon Musk have seven companies and still running this Doge thing? Like, you must have really good ways to manage, you know, time productively.

Um, so I'm always looking for that and ways to improve. I can't say I've cracked the master nut there. I got a lot of posters of my work that I have to do on my wall. And I've tried now some strategies. Like, you know, I don't schedule meetings in the mornings because that's my productive time. I can write 500 words in 30 minutes in the morning. If I try to do that at 3 o'clock in the afternoon, it's never getting done. >> Anthony Weaver: That makes sense.

Um, do you have any kids? Uh, like, wife or anything like that? That's kind of like how you managing your, your family. Household. >> Andrew: Yeah, we have a busy family life and an energetic dog that needs walking a couple times a day and play. And, um, the balance of that is difficult. I've, I've started to get my kids involved and kind of like watching the stock market. >> Anthony Weaver: Good. >> Andrew: So I got them little portfolios. They could understand what I actually

do for a living. Um, they're, you know, their mom works for a public company, so bought a little of those shares. They can kind of monitor. And then I can explain, like, yeah, here's, here's what mom does, like when she does a good job. Here's what the stock does. And know. >> Anthony Weaver: Awesome. Because I'm thinking a tool would be great for parents to get their kids to say, like, hey, you know what? Pick, uh, a stock. Let's see what's happening. What are the news behind

it? What are the triggers that's going on? And so now, like, you can actually watch it from a global scale happening in real time. >> Andrew: It makes things make sense. Kids, they want, they want obviously to be on screens at all times. So I show them the platform. I'm like, here's what happened today. Here's the event. Um, you know, this CEO left. Like, do you think that's good news or bad news? And they would say, that

sounds like bad news. I'm like, all right, so here's what the share price did, and it goes down. And they see this, like, bear, uh, indicator. It's like an angry. >> Anthony Weaver: Oh, that's cool. >> Andrew: And they're like, I love their angry bear. Um, and they get it. They're like, okay. So that makes it go down. This makes it go up. This makes total sense. And they're going through it. I'm like, now why? You know, for another event

and say, why do you think this happened? And trying to explain, like, the interconnections in the economy. But we'll look at things that they see on a regular basis. So, like, I drive a GM car. So we looked at GM stock. We love Teslas. We look at Tesla stock and like, the Product launches and how they did and Tesla product launches is one of our events that we track. But it's like 50, 50, 50 times or 50% of the time, stock goes up, 50% of the time goes down.

And then they can see that. They're like, well, what happened when, you know, they launched the Cyber Truck? Let me see, let me see. When they lost. And I'm like, oh, why did it do so badly? I love the Cyber Truck. I'm like, well, you want to watch the video? I'll show you the video. This was supposed to be the bulletproof glass that the thing went through. So, you know, you mix it up and then like, it makes sense of the world for them. Um, so we

find. They actually find. Now lately we're getting a lot of women that sign up for, for the app. Um, and you know, we've kind of done the research during the beta test, we knew why, which is like they like to know what happens next. You know, they like to be able to plan it out and kind of see the why and see what's about to happen. Um, whereas, you know, it's. It's slightly different, I would say, than like male traders who are like just short win. >> Anthony Weaver: Right.

>> Andrew: You know, I don't care why it'll just as long as it works. >> Anthony Weaver: It's making me money today. Okay. >> Andrew: Yeah, exactly. >> Anthony Weaver: Because I noticed that even when I looked at my analytics, I have more women watching the show since I would say August of last year. It's almost like a, uh, I would say almost like a 74 for women watching this show since last. That's good by some of it. So. Oh, amongst the ladies, it's usually the.

>> Andrew: Test like, you know, because the stocks that I see that do well, like especially on the retail side, more, more women behind it than guys like a Lululemon kind of stock or you know, other retail outlets that, that really know how to put the deals out there better and merchandise better. >> Anthony Weaver: I like that.

Um, so before we get to the final four questions, is there anything that you want to leave the audience with? >> Andrew: I would tell you how to access Level Fields, if that's useful. You go to level Fields, AI Um, you can sign up for free newsletter and get an idea what we do. We have YouTube channel that also gives away some. Some free ideas. You kind of get a flavor of it. Part of the offering that we have is to do it yourself, which is like the $300 a year version which we should

make back in one trade. And then we have the. We'll help you we kind of send out uh, a couple trades a week and then you know, it's turned out to be a pretty good educational resource because it's showing the why behind the, the idea. So people really like that, that level two now, it's growing pretty rapidly. Um, so if you don't feel like you have the time to do it yourself, we can certainly help you with that.

And if none of this sounds interesting, you know, please refer to you, write it down and tell your friends it's guarantee some of you know it's going to want this if you're you know, exercising or doing the laundry, just uh, jot down level fields AI and please let other people know. >> Anthony Weaver: Nice. And um, remember, have the kid mentality, you know. >> Andrew: Yes. >> Anthony Weaver: Like what's happening.

>> Andrew: Right, Exactly. Let's enjoy the interconnectedness of the butterfly effect. >> Anthony Weaver: Ready for the final four? >> Andrew: Sure.

>> Anthony Weaver: Alrighty. Number one, what does wealth mean to you? >> Andrew: Time. Well this time to me you can, you don't necessarily need money to have it, um, but it gives you the time to enjoy things. >> Anthony Weaver: I like that. Number two, what was your worst money mistake? >> Andrew: I was about to liquidate my entire portfolio in 2007 and buy only Apple stock with it. And I did not.

And I still to this day. And I loaded up the ticket and I was going to just going to put everything I had into Apple stock. And I had all this like previous bad advice in my head like, oh, technology always changes. You never know what's going to happen. Don't put all your eggs in one basket. Diversify all that. And I didn't do it. And not only did I not do it, I didn't buy a single share. And I don't know why, looking back, I think I was so ashamed of like just getting scared of

doing that move. So that ended up losing many millions of dollars. Not losing, but not gaining like access to it. So I, I was teaching my, my son some math the other day and I made him run the numbers. Nice. How much that would have been today. And he was like, dad should have totally done that. We could have had like such a better house. >> Anthony Weaver: It's always about the house, right? >> Andrew: Yeah. >> Anthony Weaver: This is better. Yeah.

>> Andrew: I could have had a quad and you couldn't have a cybertruck. Like, well, you know, there's risk and reward. >> Anthony Weaver: Yeah. The video. Take it. Shooting your shot, right? >> Andrew: Yeah, that one hurt.

>> Anthony Weaver: Number, uh, three. Is there a book that inspired your journey or change your perspective? >> Andrew: Yes. Although I don't think it's maybe what you mean by it. So Jurassic Park. >> Anthony Weaver: Interesting. >> Andrew: Um, not so much because I wanted to dig up dinosaurs, but the. The author, he wrote Jurassic park after dropping out of Harvard Medical School. Michael Crichton. So he's in his third year of. Of Harvard Medical School, which

fairly difficult to get into. Um, pretty much set for life, you know, to be able to graduate from there, go on, be a doctor, have a, um, pretty stable income. Right. What most people aspire to. >> Anthony Weaver: Yeah. >> Andrew: And he gave that up on the risk that this idea for Jurassic park would be a huge hit. Of course it was. He was right. But being able to look at that and walking away from something that's a success, to go for something

that's an unknown, really inspired me. I was like, okay, I can do this too. >> Anthony Weaver: Nice. Did you walk away from like. >> Andrew: Well, you know, it was a guy who's gonna go to law school and be a lawyer, and, you know, at one point was doing environmental management type of work. That was a safe choice. >> Anthony Weaver: Yeah. >> Andrew: Um, but it's like, you know what? That's just not for me. I want to do something bigger. I like to

build. It took. It took many years to realize that, you know, who I was is a core person. It's like, I'm a builder. I like to make stuff. If, um, I'm not making things, then I'm probably making my wife miserable. >> Anthony Weaver: Sounds like a fun time at home that day. >> Andrew: Projects. >> Anthony Weaver: Uh, number four, what is your favorite dish to make? >> Andrew: Dish? Um, chocolate banana pancakes. >> Anthony Weaver: Okay. See a picture of those.

>> Andrew: Well, they're good. Uh, I've gotten very good at them. My kids love them, so every. I try to make them every Saturday morning. >> Anthony Weaver: There you go. Um, and the very last question of the show, which is, where could people find out more about you, more about me? >> Andrew: Uh, um, if you want to know, you can certainly Google my name. Andrew Einhorn. There's, um. There's another one who

takes dirty photos. That's not me. Um, but the one that does podcasts, that's me. >> Anthony Weaver: I did notice that when I came across look who you are. >> Andrew: Yeah, I mean, they're good, but no, that's not me. >> Anthony Weaver: Okay. >> Andrew: We have different hair. He's curly hair. I mean, straight. >> Anthony Weaver: Got it. Well, thank you so much

for coming through. This, uh, was such a fun time having you on and got a chance to learn a lot about AI, a lot about what we can do with it, and also how we can actually utilize it in our futures. I really think that, um, what you have is almost like an episode of Black Mirror on the level of insight that it can possibly provide. I can't wait to see it on one of those episodes. So thank you for, ah, sharing that with us. >> Andrew: We haven't taken the creepy turn yet to be back.

I'll let you know if we do. >> Anthony Weaver: Okay, thank you. >> Andrew: Appreciate it. Thanks for having me on. >> Anthony Weaver: All right, everybody, we out. Be safe. >> Andrew: Peace.