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
Nov 18, 2021 • 13min
Chinese State Owned Developers Rescue Local Governments!
Send us a textChinese state-owned developers are rescuing cash-strapped local governments in China by stepping to the fore at land auctions previously dominated by private sector groups like Evergrande.State-owned bidders include highly leveraged local government finance vehicles, which have traditionally focused on infrastructure projects rather than real estate. LGFVs have accounted for about one third of land purchases by value at auctions since September, compared with just over 10 per ce...
Nov 17, 2021 • 15min
Elon Musk's $162 Million Dollar Joke
Send us a textJP Morgan Chase is suing Tesla for $162 million over tweets in 2018 by Technoking Elon Musk that he would take the electric vehicle maker private.JP Morgan accuses Tesla of "flagrantly" breaching a deal it claims should have triggered payments to JP Morgan.JP Morgan's suit, filed in a Manhattan federal court, says that Tesla sold warrants to JP Morgan allowing the bank to purchase shares if the "strike" price was below Tesla's share price when the warrants expired in 2021."We ha...
Nov 13, 2021 • 13min
How China’s CEOs Sold Stock At The Right Time
Send us a textIn China, there is no better sell-signal than when the president, starts attacking an industry.So when Xi said in March that home-schooling was a “stubborn malady” that was putting too much pressure on Chinese children and their parents, the executives of two Chinese tutoring companies dumped their shares in New York according to records found by the FT.Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https:/...
Nov 11, 2021 • 16min
The Federal Reserve Warns About Evergrande
Send us a textThe Federal Reserve warned that fragility in China’s commercial real-estate sector could spread to the U.S. if it deteriorates dramatically, as investor focus turns to China Evergrande Group’s biggest payment test yet. The Fed’s stability report, which is meant to highlight risks that could undermine the financial system, said that “stresses in China could strain global financial markets through a deterioration of risk sentiment, pose risks to global economic growth, and affect ...
Nov 6, 2021 • 13min
Squashing Tether - The Coming Regulation in Stablecoins
Send us a textFederal regulators requested more power from Congress to regulate stablecoins, a fast-growing type of cryptocurrency that they warn could result in bank runs and consumer abuse unless lawmakers act quickly, according to a report issued Monday by the Treasury Department.The report, which was undertaken by the President’s Working Group on Financial Markets, called on Congress to pass a law that makes issuers of stablecoins subject to requirements like those of traditional banks an...
Nov 6, 2021 • 11min
Zillow's Home Flipping Business Made No Sense
Send us a textZillow, the digital real estate company, said on Tuesday that it’s exiting Offers, its business that buys and flips homes, and eliminating 25% of its workforce.The announcement was attached to Zillow’s third-quarter earnings report. The company’s revenue and earnings missed analysts’ estimates.“We’ve determined the unpredictability in forecasting home prices far exceeds what we anticipated,” Zillow CEO Rich Barton said in the release. “Continuing to scale Zillow Offers would res...
Nov 2, 2021 • 8min
Squid Game Crypto Rug Pull
Send us a textThe anonymous scammers behind a Squid Game cryptocurrency have officially pulled the rug on the project, making off with an estimated $2.1 million. Investors were able to purchase the crypto but couldn’t sell it. The SQUID cryptocurrency peaked at a price of $2,861 before plummeting to $0 around 5:40 a.m. ET., according to the website CoinMarketCap. This kind of theft, commonly called a “rug pull” by crypto investors, happens when the creators of the crypto quickly cash out thei...
Oct 30, 2021 • 14min
Ending The Tragedy of The Commons
Send us a texthttps://teamseas.org/ The Tragedy of the Commons is an economic idea made popular by the American ecologist Garrett Hardin, who used the analogy of ranchers grazing their animals on a common field. Individual ranchers will seek to add additional livestock, to increase their profits. The benefit of adding additional animals accrue to the rancher alone, while the costs are shared. The tragedy is that ultimately the field will be destroyed, due to overconsumption. ...
Oct 28, 2021 • 7min
Meme Coins & The Elon Markets Hypothesis
Send us a textIn this video we look at meme coins and learn about the Elon Markets Hypothesis. Patrick explains why he is all in on Shibu Inu.Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https://amzn.to/3cjsyPFCorporate Finance: https://amzn.to/3fn3rvC Patreon Page: https://www.patreon.com/PatrickBoyleOnFinanceVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoylePat...
Oct 26, 2021 • 15min
Do Companies Pay For S&P Index Membership?
Send us a textDo Companies Buy S&P500 Membership? A new working paper attempts to figure out why some companies make it into the blue-chip stock market index.In recent years there has been a huge shift away from active asset management and towards passive, index-tracking funds. The indices that these funds follow have in turn gained enormous power, becoming gatekeepers to the flow of trillions of dollars.Names like S&P Dow Jones, FTSE Russell and MSCI are the biggest index providers a...
