How to Find the Next 10x Stock Before Everyone Else | Eric Jackson

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Eric Jackson (0:56)

You know, obviously, Bitcoin had the big jump in August, right? And I said our model kind of flipped on, said, you know, get bullish on August 14th. On August 12th, on Polymarket, there was 3% odds on Polymarket that Bitcoin would end the month of August at 70k, 3%.

Obviously, like Bitcoin had a run and it ended the month at 79k. So the wisdom of crowds is not always correct.

Anthony Pompliano (1:21)

Let's talk first about the retail investor and the rise of the retail investor has completely changed, I think, public markets. And most people will point to the Opendoor, the GameStop, you know, a variety of other companies. But I don't think folks realize that a lot of public companies, CEOs reach out to me, they probably reach out to you, there's a couple of other folks. And they're like, I want to engage with the retail investor. How do I do that? And my takeaway is just like the retail investor is important now to them.

What have you seen? You've been doing this a while. How has that changed throughout your career?

Eric Jackson (1:54)

Yeah, I definitely think that's the case. I mean, I think we had that conversation before I joined the board of Sylvia about that and how to engage that important stakeholder group. So there are a lot of companies thinking that way. I think that they got me twice. Be careful. These bottles are popping. So I think everybody wants to get retail on their side. I don't think there's a cookie cutter way to do that or established wisdom. But I mean, some pretty basic things are be open, be authentic, be transparent.

It goes for politicians as much as it does for CEOs of companies. You want to make people feel you're a human being. So doing things like having video earnings calls, as opposed to just hiding behind an audio only earnings call, I think is an easy layup way to engage with people.

But there's another point about the rise of retail. I think people assume like AI exists now, it's never been easier for retail to rally support.

I don't think that's totally true. What I mean by that is that at the end of the day, for any online campaign, group of shareholders to really have a powerful effect on companies, it takes leadership. Leadership matters in the military, leadership matters in community organizations, and leadership matters online too. Just because AI is great, doesn't mean that things automatically happen. I have X subscribers, and once a week I do this like AMA, like, hey guys, ask me anything, join the spaces, step up to the mic, and just ask me a question. And I'm often surprised that people, a lot of people prefer to kind of hide, stand back, and ask a text question, not even like just ask the mic. And I think, so the opportunity for retail to gather, it still needs somebody to kind of wanna step up on the soapbox and say, hey, let's do this, let's do that. It doesn't just like happen amorphously like from the mob, like getting together. And so there's never been a better time in human history for retail to have an impact because AI makes it so easy, and AI makes getting to know a company and its strengths and weaknesses easier. But at the end of the day, like we, you know, individually have to kind of step up and make a difference ourselves and lead.

Anthony Pompliano (4:51)

This room is full of independent investors. There are thousands of them watching online right now.

You are probably one of the most prolific users of AI in your research and your investment strategy, in the identification of opportunities, but also the diligence of those opportunities. Can you just walk us through how are you using the technology and maybe how could people in this room use the technology to better enhance their investment approach?