Aug 5, 2026 · 50 min · 11 segments
**Can artificial intelligence help investors remove emotion from their decisions and build wealth more consistently?** In this episode of *The Backpack Trader*, Troy Noonan sits down with fintech…
Sumit ChandaGuestTroy NoonanHostIt was getting the data because most of it was either exclusive or priced out of reach.
What does it tell you about this industry now that the raw material was locked up and now that, you know, how much of it has become accessible?
So that is actually something which is available now and every data point is making some sense.
An analyst would simply scrape out the information or source the information from a Bloomberg terminal, and process the entire fundamental analysis, then would probably look at a bit of technicals and a bit of macros and then would take a decision whether I need to take a position in a stock or not.
How does the trade is moving in the world? what are the commodity prices and how it is impacting each of the sectors or sub industries or the country's economy and everything around it.
So I would simply say the amount of parameters and data which was available 20 years back versus now, like simply if I talk about my company, we process about 1 billion plus data points every single day.
So that means these many data points are available out in the market today, which even if you have a 500 member analyst team in your organization, it will be impossible for you to still track it.
That's the power of data that we have today and I personally feel we should make use of it to make the right choices and right decisions.
And I'm assuming you have safeguards in place and ways to check on your AI to make sure that it's telling you the truth and not giving you made up information.
How much of your investment decisions are fundamental based or technical based? Or do you blend the two? I'm just curious what your overall approach is.
Yeah, so the basic building blocks of the research that we have is beyond fundamentals and technicals also.
Like if you feel today, I mean, if you look at it today, a lot of the markets are driven not by fundamentals, not by technicals, but by fundamentals.
So we first of all try and understand that where does the country wants to head in the next 10 to 15 years? What are the larger objectives? What are the government manifestos? What are the policies? What are the budgetary announcements, Fed policies, everything? Based on that, we understand that, okay, the government is focusing on these sectors, these sub-industries.
So, will in the next 10 years all the 102 sub-industries perform? The answer is definitely no.
But which are those 25-30 sub-industries which will probably double or triple in the next 10 years? We identify those first.
It was getting the data because most of it was either exclusive or priced out of reach.
What does it tell you about this industry now that the raw material was locked up and now that, you know, how much of it has become accessible?
So that is actually something which is available now and every data point is making some sense.
An analyst would simply scrape out the information or source the information from a Bloomberg terminal, and process the entire fundamental analysis, then would probably look at a bit of technicals and a bit of macros and then would take a decision whether I need to take a position in a stock or not.
How does the trade is moving in the world? what are the commodity prices and how it is impacting each of the sectors or sub industries or the country's economy and everything around it.
So I would simply say the amount of parameters and data which was available 20 years back versus now, like simply if I talk about my company, we process about 1 billion plus data points every single day.
So that means these many data points are available out in the market today, which even if you have a 500 member analyst team in your organization, it will be impossible for you to still track it.
That's the power of data that we have today and I personally feel we should make use of it to make the right choices and right decisions.
And I'm assuming you have safeguards in place and ways to check on your AI to make sure that it's telling you the truth and not giving you made up information.
How much of your investment decisions are fundamental based or technical based? Or do you blend the two? I'm just curious what your overall approach is.
Yeah, so the basic building blocks of the research that we have is beyond fundamentals and technicals also.
Like if you feel today, I mean, if you look at it today, a lot of the markets are driven not by fundamentals, not by technicals, but by fundamentals.
So we first of all try and understand that where does the country wants to head in the next 10 to 15 years? What are the larger objectives? What are the government manifestos? What are the policies? What are the budgetary announcements, Fed policies, everything? Based on that, we understand that, okay, the government is focusing on these sectors, these sub-industries.
So, will in the next 10 years all the 102 sub-industries perform? The answer is definitely no.
But which are those 25-30 sub-industries which will probably double or triple in the next 10 years? We identify those first.
The rest of this transcript — segmented and speaker-labeled, so you land on the exact moment something was said
Search every transcript — by keyword, by phrase, or by meaning, across every show Radar indexes
Trends — what is surging across podcasts, measured against its own baseline
Alerts — when a name you follow appears in a newly indexed episode
No account is needed to search Radar.
