Patrick Boyle On Finance
Patrick Boyle
This podcast is all about quantitative finance and financial history. Subscribe to hear about financial markets, derivatives, and how investors use quantitative tools from statistics and corporate finance theory. Included are interviews with some of the most interesting thinkers in finance. Occasional longer form financial documentaries, open up fascinating elements of financial markets history. Patrick Boyle is a quantitative hedge fund manager, a university professor, and a former investment banker. To contact Patrick visit http://onfinance.org Find Patrick on YouTube at: https://www.youtube.com/c/PatrickBoyleOnFinance DISCLAIMER:This podcast is not affiliated with any financial institution. The information provided is for entertainment purposes only and does not constitute financial advice. Those seeking investment advice should seek out a registered professional in their home jurisdiction and confirm their credentials on your national regulator's website. Patrick Boyle is not responsible for any investment actions taken by viewers and his content should not be used as a basis for investment or other financial decisions.
Episodes
Mentioned books
Sep 16, 2021 • 16min
Investing In Collectibles - Are NFT's Digital Beanie Babies?
Send us a textThe Beanie Babies Bubble is a particularly entertaining story which highlights all the hallmarks of a mania. Mass delusion. Speculation. Out of control expectations. The herd mentality.Right now, it might appear that we are in another collectibles boom, in February this year, a Michael Jordan basketball card sold for $738,000 at auction. The exact same card had traded for more than half a million dollars less just a few weeks earlier. A Klon Centaur guitar effects pedal is being...
Sep 9, 2021 • 13min
The Difference Between Trading And Investing
Send us a textIn today's podcast Patrick discusses the famous Warren Buffett quote “calling someone who trades actively in the market an investor “is like calling someone who repeatedly engages in one-night stands a romantic.” from his 1991 letter to investors.Topics covered are: what is the difference between trading and investing? Is one better than the other, and does it make sense to discourage short term trading? Patrick's Books:Statistics For The Trading Floor: https://amzn....
Sep 2, 2021 • 23min
Billionaires Who Lost Everything
Send us a textAccording to Forbes Magazine there are 2,755 billionaires in the world today. The top five industries where they made their money are Finance, Technology, Manufacturing, Retail and Healthcare. It is rare to become a billionaire, but even more unusual to reach that level and then lose everything, but it is not unheard of. Today we’ll look at ten one-time billionaires who later went bankrupt, and one whose net worth fell from eight billion dollars to two million dollar...
7 snips
Aug 26, 2021 • 17min
Do Central Bankers Care About Rising House Prices?
Send us a textWhy don’t central bankers care about rising asset prices?For most people their greatest expense is housing. According to the Bureau of Labor Statistics, Americans spend almost 40% of their take home pay on shelter, this might lead you to ask - why aren’t home prices included in measures of inflation? And should they be? Is real inflation much higher than is being reported in the CPI because of asset price inflation? Patrick's Books:Statistics For The Trading Floor: h...
Aug 17, 2021 • 8min
Should Politicians Trade Stocks? Congressional Insider Trading
Send us a textInsider trading, or the act of buying or selling investments based on nonpublic information, is against the law in the United States and in most countries. At its core, insider trading benefits well connected investors at the expense of the general public and it has been illegal in the US since 1934 – at least for corporate insiders. I made a video a few months ago on the biggest insider trading scandals, and a lot you asked in the comments section “what about politicians”...
Aug 10, 2021 • 11min
Sinner or Saint - ESG Investing vs. Vice Investing
Send us a textESG (or environmental, social and governance) investing is one of the hottest things in markets right now, with large fund managers competing to be seen to take ESG more seriously than the next. Setting aside any moral judgements, the commercial rationale for the investment management industry is pretty clear: ESG funds have attracted about $350bn over the last two years, almost twice as much as the rest of the stock fund universe combined.The opposite of ESG investing is ...
Aug 3, 2021 • 8min
Insider Trading on The Dark Web
Send us a textApostolos Trovias was recently arrested in Peru and charged by the SEC with perpetrating a fraudulent scheme to sell what he called "insider trading tips" on the Dark Web. According to the complaint, Trovias, using the online avatar "TheBull" engaged in a deceptive scheme to sell "insider trading tips" on Dark Web marketplaces like Alpha Bay. The Bull claimed that the information he was selling consisted of order-book data from a securities trading firm that was provided to him ...
Jul 27, 2021 • 10min
Consumer Protections in Crypto Investing
Send us a textLast week Janet Yellen called for rapid action to ensure there is an appropriate US regulatory framework in place for crypto-assets. A month ago the Basel Committee on Banking Supervision said that banks’ exposures to crypto should carry the toughest capital requirements. Todays video looks at what consumer protections are in place for crypto investors today. What regulations protect you? What happens if you are hacked, or if a crypto exchange goes bust? What will the SEC do abo...
Jul 21, 2021 • 22min
When Pubs Briefly Replaced Banks in Ireland
Send us a textToday we are going to discuss the Irish Banking Strike of 1970 when all of the countries clearing banks closed for over six months, only to find themselves quickly replaced by local pubs. We will discuss if something like this could work again, and at the end of the video we will compare how the system that emerged compares to more modern ideas like cryptocurrencies.Between 1966 and 1976, there were three major banking strikes in Ireland in which all of the clearing banks were c...
Jul 15, 2021 • 10min
The First SPAC on The Moon!
Send us a textSEC Charges Stable Road SPAC and Space Startup Momentus with Misleading Claims.The SEC announced on Tuesday that it charged blank-check company Stable Road Acquisition Corp (SRAC.O), its sponsor SRC-NI, space exploration company Momentus Inc and two executives for misleading claims over their planned merger.The SEC said the companies and Stable Road Acquisition Company Chief Executive Brian Kabot agreed to pay $8 million to resolve allegations they misled investors about Momentu...
