In market dominated by passive players and saturated with liquidity, how can investors find an edge?

Trevor Modal has spent his career at the cutting edge making

markets and pricing derivatives alongside some of the best investors in the world and

he's been searching for an answer to this question. Today he shares with Raal what he's learned on his

journey in finance. Trevor now runs an artificial intelligence team at

Lazard Asset Management where they use machine learning to identify patterns in

markets that are too complex for the human brain to recognize.

And they do this in order to reliably generate Alpha too hidden for human investors to capture.

You know, I've actually heard Warren Buffett say that the whole

value versus growth paradigm to him is meaningless because of course the

valuation of future expected cash flows is going to be dependent on their

rate of growth.

Trevor talks to Raal about how when investors are empowered with machine learning and data

science, they too can see a blurring of the lines, not between value and growth, but between the quantitative and the fundamental.

So that's why we call this interview the new frontier.

And, you know, Raal and Trevor, they really enjoyed this conversation. Sometimes it can get a bit technical because you know this is at the cutting edge,

but I really think that you're going to find this conversation valuable,

so please enjoy. on Real Vision, you were recommended by a mutual friend of both of ours, Mike Green, who said,

listen, you got to sit and talk to Trevor.

And once I started looking into your background, I realized we share almost an identical background.

Slightly different timings.

So talk us a bit about your career,

...