In this week's Stansberry Investor Hour, Dan and Corey welcome Andy Swan to the show. Andy is the co-founder of LikeFolio, a financial-technology company focused on providing its clients with actionable research based on consumer-driven data. He has a free report focused on a new wave of health care and AI that can inform investors of how to best prepare before it arrives. You can download the report here.

Andy kicks things off by sharing how LikeFolio evolved from being designed to create "like" portfolios for social media users based on the companies they and their friends are interested in to being geared toward investors and traders. He says that the data from social media and other publicly available sources is very powerful because it can show where consumer sentiment is for a product and can help estimate sales for a product before an earnings report is released. Andy then provides some of his background in trading, along with his rules for investing...

[After a loss, you say,] "I should probably have some rules around this stuff. I should probably think of this a little differently." I've been trading for a very long time. I still trade almost every single day. I like using leverage. I like using options, everything. You have to tie it with discipline if you're going to do it well, and if you don't use discipline, I can almost guarantee you're going to do it extraordinarily poorly. So that's what drives my trading right now: risk control first and then get greedy after you've set those guardrails.

Next, Andy states that investors need to have some guardrails in place to protect their capital when investing. However, he believes that there's no "one size fits all" method and that investors need to ensure that the rules they establish match their approach. Andy switches the topic to the ease and accessibility of trading with apps like Robinhood. But he warns users to beware leveraged exchange-traded funds – while they sound appealing because of the potential to triple gains, "poisonous" stocks in a fund could send you tumbling. He then gives his thoughts on how AI is changing the world and what he thinks is the next step in its development...

Everybody already knows that AI is changing the world. I'm not sure that people truly understand how much and how fast that's happening and how much that's accelerating... I'm tired of the Nvidia type of play and the chip plays. I'm thinking more about the next steps. And so, we continue to love AI-infrastructure build-out because we think the world's always going to need more power. I don't know that there's ever been successive decades where you didn't need more power than you needed before... I feel like we're at the... second inning of the railroads being laid, and there's still a whole lot of money to be made.

Finally, Andy discusses how one company is currently hated due to its financials, but according to his data, consumers are gravitating toward it. He compares it with other stocks that lost money early on but turned into behemoths in today's market due to new customers consistently using their products. This company could follow in their steps based on his data. And Andy provides his thoughts on the type of mentality to have as an investor...

The amount of wealth that can be created is infinite, and there is no limit to how much these companies can make you if you're an investor. There's no limit to how much money you can create and make as an entrepreneur or as a business owner. So I always try to just challenge people to just think far bigger than the normal confines of life... And that applies in investing, applies in entrepreneurship, [and] applies in your personal life as well.

Click on the image below to watch the video interview with Andy right now. For the audio version, click "Listen" above.

(Additional past episodes are located here.)

The transcript is coming soon.

This Week's Guest

Andy Swan is the co-founder of LikeFolio. Using data derived from social media, his company is able to follow consumer trends to see shifts before Wall Street does. LikeFolio has been named Fast Company's most innovative in finance, and its unique research is consistently featured on CNBC, Yahoo Finance, and Barron's. Prior to LikeFolio, Andy founded two other companies. He graduated from Bellarmine University with a bachelor's degree in business.