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Raphael Max is a Co-Founder at iuvenal research and serves as an Economist & CIO at Octo Trust Family Office. Currently a Postdoctoral Researcher at Technical University of Munich, lecturer at FHWien der WKW and TU Bergakademie Freiberg. With past experience as an Inhouse Consultant at MICE Portal GmbH and Equity Research Intern at Baader Bank AG. Holds a PhD in Economics and Business ethics from Technical University of Munich, along with a Master's degree in Econometrics and Quantitative Economics from Università Ca'​ Foscari Venezia and various other degrees related to economics and philosophy. Interned at Deutscher Bundestag and Bayerischer Landtag during academic pursuits.