AI in Finance and Investing

A Conversation with Jannick Malling from Public

Author

AI For All
October 26, 2023

Hello readers!

On this week’s podcast, Ryan and Neil speak with Jannick Malling, co-founder and co-CEO of Public, about the impact of AI on the world of investing and finance and how AI is democratizing investing and leveling the playing field.

Why You Won’t Want to Miss This

  1. Discover how Public is revolutionizing the world of retail investing through fractional investing and its Alpha copilot, leveling the playing field between private and institutional investors.

  2. Understand the distinction between technical and fundamental analysis in trading and investing, and discover how large language models enable a sophisticated yet user-friendly experience for investors.

  3. Get insights into how AI is automating fundamental analysis in investing, synthesizing financial data through advanced data structuring.

  4. Learn about the distinct perspectives and strategies of sophisticated investors versus retail investors in utilizing AI tools.

  5. Explore the new roles AI will create in investment firms and hedge funds and the increasing importance of directing AI models.

Our Favorite Moment

“I think a lot of the platforms of the past, whenever they wanted to make something that's more advanced, that has translated directly into let's build a very sophisticated UI where you can draw all these technical analysis models. I think what's super interesting about all the LLMs we're seeing is now you can actually build a more sophisticated offering that is not necessarily more complex to use. And that has always been a trade off in the past, and I think for the first time now, you're able to get the best of both worlds.”

— Jannick Malling

Democratizing Investing with AI

Meet Jannick Malling

Jannick Malling is the co-founder and co-CEO of Public, the investing platform that allows people to invest in stocks, ETFs, treasuries, crypto, art, collectibles, and more — all in one place. The Danish entrepreneur has a natural drive for making a difference. At the age of 17, he joined Saxo Bank. Two years later, he helped build the fintech company CFH Group, which was eventually sold to Playtech (LON: PTEC) for more than DKK 800 million. As part of CFH Group, he also launched the spin-off company Tradable, the world’s first open API trading platform.

In 2019, he founded Public, which has gone on to raise over $300 million from investors such as Accel, Lakestar, Tiger Global, Will Smith (Dreamers VC), and other prolific investors such as Maria Sharapova, Tony Hawk, and NFL stars J.J. Watt and Bobby Wagner, and more.

Learn More About Public

Public is on a mission to make the public markets work for all people. The fintech went from founding to unicorn status in less than 3 years, and has been one of the fastest growing financial services apps in America, boasting more than 3 million members since its 2019 launch.

2023 will be a defining year, as this is the year Public has ventured beyond stocks and crypto investing into other asset-classes such as alternatives and fixed income products, and has taken the first steps in its international expansion.