eorge grombacher 0:01
Andrew, to get us started, give me two truce and a lie, please.

Andrew Einhorn 0:06
Two truce and a lie. All right. Best Buy. The company paid me $10,000 to go kayaking. Nice. Second one, I invented a new beard style once that went viral on Tiktok, excellent. And long time ago, I wrestled the mountain goat that had attacked a friend of mine.

george grombacher 0:32
Okay, these are outstanding. You have come to play today, and I respect that immensely. Best Buy. Once paid you 10 grand to go kayaking. You invented a new beard style. Went viral on tick tock, and you wrestled. You said, mountain goat.

Unknown Speaker 0:47
Mountain goat, yep. Mm,

george grombacher 0:51
wow. Really good, really good. You have a cool beard. So that’s that’s mildly believable. You’re a technical guy, so Best Buy. Why not? So I’m guessing that you did not wrestle a mountain goat.

Andrew Einhorn 1:02
Incorrect. I did wrestle a mountain goat.

george grombacher 1:07
Well, let’s, let’s hear more about that one first.

Andrew Einhorn 1:11
So we were some friends, and I were camping in Southern Virginia in the National Park, and before we started going up the trail, we had the park ranger. We had to check in, you know, because we’re we’re staying overnight, yeah, and the park ranger says, just be careful. There’s a really ornery mountain goat up at the top of the pass. It chased some people down the mountain. Last weekend, they called 911 screaming for help. I thought he was joking, you know, I thought he was just pulling a prank. I like, yeah, yeah. That’s funny. See you later. Mountain goat, yeah. So we got up there, took about half a day to get the top of the mountain. And you know, we’re on this rock ledge, and I heard this unmistakable cry of a woman yelling, goot. And so sure enough, we see people running down the trail. They come out towards us on this rock face with about 1000 foot drop off on the other side of it, this big, nasty, horned mountain goat, probably 120 pounds, came out and just started going to town on our lunch. That was, you know, spread out on the rocks, starts to move. All the equipment. We had a couple cameras and things like that, and so hooves were bumping against, about to knock off. Friend of mine tried to go in and grab her camera, which, you know at the time they were valuable, and the mountain goat just turned on her and rammed her like in the chest. She fell down. Then the thing took his horn like it was going for its neck on the ground. Whoa, and I jumped in front of her and just grabbed it by the horns and used to wrestle. So I put a nerve, I sling it, both to head to head and arm around this thing, and was just sitting there holding this goat down while everybody left, trying to figure out what’s my next move. That was the harder part.

george grombacher 2:57
Well, that is amazing. Reminds me of that scene from dodgeball where wit, or whatever his name, white Goodman, he’s got the painting of him taking the bull by the horns. You actually did that, but that’s amazing. Alright, so which, which one was the lie.

Speaker 1 3:15
I did not invent a new beard style, and I have not gone viral on Tiktok. All right,

george grombacher 3:21
are you on tech talk? No, we

Speaker 1 3:23
tried a little experiment, I think, like a year ago, and just wasn’t a good fit. Okay,

george grombacher 3:29
good enough. Do you have ideas for new beard styles?

Speaker 1 3:33
I don’t. I’ve had this one for quite some time. Okay, tell me about the Best Buy thing. So Best Buy was an interesting one years ago. I had a blog, and at the same time, I had gone on another kind of outdoorsy trip. So we went on a kayaking venture in the Keys, eight miles off the coast, kayaked out. The short version is, stayed on an island, and on the third day, really bad storm came, and we couldn’t make it out of there, and so we got drifted, basically to another abandoned island. Got stranded there. Had to figure out a rescue for ourselves, so we had to find a way to get the Coast Guard. We didn’t know where we were because we were lost in the storm. So I used an iPhone app to locate our longitude and latitude. Gave it to the Coast Guard. They came for a rescue right and right in the evening, where we were about to spend the night in the rain with no supplies and on a deserted island. So I wrote a blog about it. Said, you know how an iPhone app saved my life, and I got a call from a talent booking agency in LA so they want to redo my our story into a best buy Christmas commercial. And would I be willing to fly out to Los Angeles to record this commercial? So they reenacted the whole thing, and they rented like Coast Guard boats, and they basically paid me. $10,000 to just paddle around the Bay of La while they took different videos. And yeah, that was my best buy. Story. Never actually got to release the commercial, but they made it.

george grombacher 5:13
Those are some good adventures. Man. Yeah, they

Unknown Speaker 5:16
were interesting. How

george grombacher 5:17
do you feel about risk? Andrew, I

Speaker 1 5:20
feel pretty good about risk. Probably why I’m an entrepreneur,

george grombacher 5:24
probably why you’re an entrepreneur. I’d love it. Okay, awesome. Well, well done. You got me What is? What is top of mind for you right now,

Speaker 1 5:35
I would have to say the election, presidential election, is definitely top of mind. I don’t hear a lot on either candidate addressing the national debt. So it’s concerning that this is just going to be another can kicked until that can becomes a stone wall.

george grombacher 5:54
Yeah, yeah. It seems like a pretty obvious thing that we ought to be having conversations of any kind about but

Speaker 1 6:03
at least a little bit debate question I dare ask. Where was that one?

george grombacher 6:11
Now, got other things to worry about, right? Let’s

Unknown Speaker 6:15
just hide from the white elephant. Well, you got other things

george grombacher 6:17
to worry about, and the market doesn’t like the uncertainty either.

Speaker 1 6:21
Does it better to talk about eating cats? Yeah,

george grombacher 6:25
better to talk about eating cats. So, uncertainty, risk, all these things. How do you feel about the markets? You obviously enjoy them. You’re you’re curious about them.

Speaker 1 6:43
I am. I mean, I love, I love the markets, just not necessarily only about the making money part, but that’s fun. It’s more about understanding how the whole global economy works and how it’s intertwined. And so when I am researching stocks or looking at events that are coming through little fields platform. I’m kind of getting, like a front row seat to the entirety of the global economy in one view. And that part’s really interesting to me, because you see just how things are associated, and can see the butterfly effect, you know, from global macro events, and how they trickle down to some small company, right? That’s, you know, like our size, and that’s interesting on the on the whole, you know, I think we’re in pretty good shape. I think the market is pretty highly valued right now relative to history. Some little wary that there’s going to be a significant correction, and if there isn’t one, you know, a 10% move in the next three months, it’s going to be far bigger. I think early next year. It’s just kind of how things shake out. You know, you go up in price, like up an escalator and down an elevator, typically when there’s a correction. So, you know, keeping an eye on that, but at the same time not hiding money under my mattress or anything like that, you know, just looking for individual opportunities and individual stocks, and not looking at indexes, because there’s a lot of bloat in valuation. And, you know, we looked at historic levels. And people are trying to do this all the time, right? There’s like, oh, we just started rate cutting cycle. What is it like? You know, is this 2007 is this 2001 is this 1995 is this 2018 I think it’s most like 1995 where we had a strong economy, a good labor market. Only difference is the valuations of the sectors then were 25% lower than they are now. And so I think there was more room to run, and stocks went up, you know, significantly than 3040, 50% depending on the sector. I think a lot of that’s been priced in right now. I think we’ve, we’ve been waiting for this hurricane recession that Jamie Dimon predicted a couple of years ago that never came. And so I think it’s like the most overprepared our economy’s ever been that there might could be some softening or some recession. So a lot of the companies just started making those preventive moves far in advance. And I think it drove, you know, earnings growth doing those moves, and that’s what the market responded to. And it’s almost like the recession or the rate cutting cycle had already started, you know, it’s like a head fake, and everybody just just did the practice run for real, and then we’re here, and now kind of reality has caught up to the market, so I suspect we’re just going to bump around a little while until, you know, the next really big catalyst, positive or negative is going to shift the sentiment. Or, you know, what typically happens is you get the billionaires come out and they start trying to scare the hell out of the market that you know, so they can. Buy things cheaper. And that happens like, you know, happened with Nvidia that long ago. So, you know, those are, those are kind of the things different mind, you know, we, our philosophy is a little different than most at level fields, like, we’re looking at events, right? And we, we want the event to happen, and then we try to figure out what’s the best reaction to that event based upon historical patterns. And so our view is not really long term, because philosophically, we believe that almost impossible to predict how companies are going to perform long term. You know, you see all these kind of click bait, stupid headlines out there that are, you know, just give me $20 and I’ll tell you what the next Amazon’s going to be, or this company is going to be three times bigger than Nvidia. It’s all garbage, but people fall for it. The reality is, you can’t predict that far out. Can’t predict 2030, years out, you know. And companies certainly go through really big economic cycles. I mean, Amazon almost went bankrupt, Apple almost went bankrupt. Now look at them. So they see these boom and busts. Ge, you know, in 2002 is the one of the largest, the largest company on the planet. And if you held for 20 years, you would make zero on your money. It’s finally starting to break out. Now they pull it into a bunch of different pieces. So we don’t do that. We just look at what’s going to happen tomorrow based on what happened today. What’s going to happen the next week, two weeks, three weeks out, you know, six months out, sometimes 12 at the more extreme levels, and that keeps it easier to predict fewer variables, fewer random acts of nature or human unkindness that will get in the way, as we see with these global conflicts, that can really mess up your investing so, you know, if you’re like most people and need access to your money, having it 100% invested in an index that could collapse at any moment based upon, you know, a rogue missile from a rogue nation or another pandemic. It’s hard, you know, so kind of coming in and out in the market, having some long, some short term investing, some cash, take advantage of events when they occur. That’s kind of our method and our approach. And if you can find events that are moving share prices really in an outsized manner, six, 710, sometimes 40% 60% in a day. There’s really no need to sit in the market the rest of the year, if you can catch a couple of those a year. You know, most people sit there for a year to get a seven, 8% gain, maybe nine, when that could be accomplished in a week or less. You know, just look at Constellation Energy stock today, you know, one announcement from a Microsoft deal, and they were up 25% and yesterday, they were up too. And our system kind of noted some irregular activity breaking out of the trading pattern. And unfortunately, I’m usually too busy marketing and and managing the company to follow every investment. So I missed that one. But some of the options traders you know that use the system, they they definitely benefited from it. Because, man, the the option contracts that were expiring today were like 27,000% increase. It’s crazy, wow. All

george grombacher 13:37
right, so you have a love of the market, and obviously technology, and we’re looking at different events, and taking a shorter term view versus a longer term view and looking at individual, individual opportunities versus indexes. Who is, who? Who did you make this for?

Speaker 1 13:59
Made it for everybody? Is the short answer. You know, we just felt that it was an unfair advantage that some of the large firms had over an individual investor. And when you have, you know, hundreds of, if not 1000s of analysts working for you, like a Goldman Sachs, you can accomplish quite a bit of monitoring of the market, of looking at the millions of filings and reports, news articles that are out there. But if you’re an individual, you can’t you can monitor maybe 3040, stocks, and that’s probably at the extreme of what most average people are willing to do. And it’s unfair, because you don’t have access to 99% of the market. I mean, just in the US, there’s 6000 equities. So if you’re going monitor 30 or 40, you’re missing a lot of opportunities again and again and again. And you know, we started to see, particularly living through the last four years, where events. Events were really driving our entire society. You know, whether it be covid or political events, right? New elections, policy changes, weather changes, anything, riots, right? Unrest and protests and strikes, all these things were really what was driving, kind of the public narrative driving reactions in the markets. But there’s no data set to sort of tell you how these things normally go. And so your average individuals have at a loss. They have then formed a reliance on news to sort of interpret that. And more and more of the news is really influenced heavily by large institutions that have the resources to sort of push it in the right direction where they want it to go. So we wanted to kind of even the playing field, hence the name level fields, and give every individual investor the same kind of technologies and the same kind of opportunities that you would get if you had much larger resources. And the equalizer to that is artificial intelligence, because while you cannot read the reports of 6000 companies, 24 hours a day, seven days a week, 30,000 documents a minute, level fields can and you don’t need to anymore. And so now you have kind of this, you know, mastery over the market, because you can see those opportunities that are out there, and you see them early, not late. You know, we’ll read about the story or see it on the news when stock is up, 100% 300% 10 1,000% 10x returning. You’re like, how come I never heard about this? You know, before this moves, that’s the most common question. And so we actually went in and said, Well, how can we find those let’s look at a combination of like, academia and our own research and our own knowledge from previous company we ran, and we created an AI system that looked for those inflection points in companies. Sometimes it’s short term, sometimes it’s longer term. Could be a product launch or just could be giving money back to shareholders, but something that’s like concrete evidence of what’s going on at that company. And usually it precipitates, you know, a longer or, you know, a bullish run. Or in some cases, we have bearish events that will show the opposite, like, hey, when this report comes out, dump this thing, because it’s going down the drain fast. So, you know, we wanted to really protect people, and that’s what motivates us as a company, is not just, you know, trying to figure out how to make money in the markets. It’s like, well, you know, everybody has to make money. We all have to keep up with these crazy inflation rates, and now we have to make more money than ever before. Since, you know, we’ve been dealing with nine and then seven, and then five, and now 3% inflation, or a little less. But still, what that really means is, if you’re not taking your existing money and growing it, you’re losing value. You know, your $100 is now worth 97 and so forth. So it’s essential that people invest. It’s essential that, you know, you find different ways of growing that money to keep up with the pace of, you know, a lot of times government spending causing it. So that’s why we invented double fields. And we want everybody to have a fair crack at the markets, even those who don’t really understand, you know, deep fundamental analysis, or haven’t been versed in deep technical analysis. And we tried to make it really easy in this very common sense way, like, hey, this event happens, right? This CEO departs. And if it’s a big company and successful company, guess what happens? The share price drops, right? But here’s the other side of it. It usually goes up again two months later. So if you have that story, and you have the data to prove it, just like a weather report, you know the probability of this happening and how long it’s going to last. You say, You know what? This is a buying opportunity. I’m not going to freak out and sell all my shares of Amazon if Bezos leaves. So, you know, that was the other part. It’s like, can we just calm people down a little bit? Because it was just like mania for a while, you know, extreme reactions on both sides, right? It’s like, oh my god, I have to get in on GameStop. I have to get in on Nvidia at all costs. And then people get hurt, because they come in at, you know, $400 per Gamestop with $100,000 and then they lose 70,000 in two days. And likewise, the opposite, like when you hear a few whispers that there might be a recession, then the whole market’s tanking on the words of, you know, one person. So, you know, we wanted to kind of temper things and say, Let’s Can we have a data driven approach? Could we get away from these kind of BS, you know, stock picking services that are just like some, some. Some dude on the internet trolling forums and saying, you know, Mike’s stock picking service is the best I know what the next Nvidia is, and just be very, very data driven, very shorter term, I would say, soon enough to make these like large prophecies. So long answer to a short question. But, you know, it’s, it’s meaningful for us? Yeah,

george grombacher 20:23
well, I think it’s, I think it’s really exciting. I’ve been wondering always, kind of thinking, you know, with AI being able to process so much information, it’s got to be an opportunity for us regular investors to take advantage of it and and here we are having a conversation about the very thing that I’ve been wondering about. So I think it’s awesome. I think it’s really exciting, and I appreciate you coming on. So that being said, Andrew, we’re ready for your difference making tip, sir, what do you have for us? This

Speaker 1 20:54
one’s a little bit more detail than others that I’ve heard, but I would say, you know, one of the things that I’ve discussed with some of our users is, everybody has long term holds, right? Apple, Amazon stocks that you’re kind of never going to sell, but they do go up and down quite a bit. And you see, oh my god, like now, you know, Apple’s at 230 something dollars a share, there are opportunities to kind of make money when that happens without selling the stock through covered calls. So my difference making tip, learn about covered calls. You have these long term holdings, and the stock goes on a huge run. Take advantage of that. You can sell somebody else the option to buy it from you, and oftentimes pocket like another nine to sometimes 20% and then if this stock goes down, you buy it back for pennies on the dollar, and you keep the premium. So it’s an easy way to make money, you know, for money that you already have invested. Well, I

george grombacher 22:00
think that that is great stuff. That definitely gets it Come on, Andrew, thank you so much for coming on. Where can people learn more about you? And how can they get involved with level fields?

Speaker 1 22:11
Go to levelfields.ai. We have a YouTube channel. You watch some videos there. We’ve got tons of case studies. We have training materials on the app. It’s only a couple $100 for a subscription. There’s a free newsletter. You can sign up and just get a flavor of you know what it’s all about and how it works. You don’t have to be an expert in the market for this, and certainly probably know somebody else who would be benefiting from hearing about it. So please spread the word

george grombacher 22:36
excellent Well, if you enjoyed as much as I did. So Andrew, your appreciation. Share today’s show with a friend who also appreciates good ideas. Go to level fields.ai. And check out everything that Andrew’s been talking about today. Check out their YouTube channel and all of the educational training materials, because I know that the markets and AI can be confusing places, but they’ve done such a great job of distilling it down and making it actually usable versus just an unlimited amount of information and stuff. So I appreciate that very much. Thanks again. Andrew,

Unknown Speaker 23:10
thank you. Appreciate it.

george grombacher 23:11
Finally, friendly reminder, never going to be anybody more interested in your financial success than you are, so act accordingly. You.