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
Oct 21, 2021 • 21min
Everything You Thought You Knew About GameStop Was Wrong!
Send us a textThe SEC published its report on GameStop $GME this Monday, which focuses on the January 2021 trading activity of GameStop Corp (GME), the most famous of the "meme stocks." Because the meme stock episode raised several questions about market structure, the staff report also provides an overview of the equity and options market structure for individual investors.The SEC Report on GameStop: https://www.sec.gov/news/press-release/2021-212Patrick's Books:Statistics For The Trad...
Oct 18, 2021 • 12min
Bitcoin on The Big Board - The New Bitcoin ETF
Send us a textThe first bitcoin-linked ETF is scheduled to make its NYSE debut officially on Tuesday morning.The new ETF from ProShares, will track the bitcoin futures market and trade on the NYSE under the ticker “BITO.”According to ProShares a multitude of investors have been eagerly awaiting the launch of a bitcoin-linked ETF after years of efforts to launch one, BITO will open up exposure to bitcoin to a large segment of investors who have a brokerage account and are comfortable buying st...
Oct 16, 2021 • 12min
Biggest Trading Mistakes!
Send us a textA small London based crypto asset trading platform called DeversiFi got quite a shock two weeks ago when it mistakenly paid out a $24m fee to a large crypto miner. Transferring crypto deposits generates a fee, known in the industry as a “gas fee”, to compensate miners for the computing energy used to verify transactions on the blockchain. DeversiFi should have paid out around $5, but instead transferred 23.7 million dollars due to an error in their code.A few fat finger errors l...
Oct 13, 2021 • 10min
Evergrande Audit Failure!
Send us a textPricewaterhouseCoopers earned over forty million dollars in fees auditing China Evergrande and signed off on the accounts presented to them by management for all of those years. PWC is likely to face criticism over the level of push back they gave to management over accounting policies that could have shown warning signs about the company’s financial health many years before the collapse.Around the world, auditors have faced criticism when companies have collapsed, and aud...
Oct 12, 2021 • 12min
Could Evergrande Impact Global Property Prices?
Send us a textChina’s crackdown on property developers threatens the London property market.Evergrande, the world’s most indebted developer, sparked fears across global markets as it missed a crucial interest deadline on its offshore debts. This week, another developer, Fantasia, defaulted on an offshore bond. A property consultant close to London’s development market was contacted in the wake of the Evergrande crisis by a UK regulator with concerns about the risks of contagion in London. “Th...
Oct 9, 2021 • 23min
The Pandora Papers - Everything You Need To Know!
Send us a textRevelations from nearly 12 million leaked confidential financial records have thrown light on the concealed wealth of powerful public figures around the world. How do they hide their money, and why is this information important? The Pandora Papers were released this week showing that Jordan’s King - Abdullah II amassed $100 million in property including homes in The United States and London. An alleged mistress of Vladimir Putin, Russia’s leader managed to covertly buy a lu...
Oct 9, 2021 • 10min
Another Evergrande? Fantasia Holdings Defaults!
Send us a textOn the heels of Evergrande’s debt crisis, there are increasing signs of stress in China’s real estate market after Fantasia Holdings failed to make a bond payment.Fantasia Holdings, a Chinese developer of luxury apartments missed $315 million in payments to lenders on Monday, sparking fears that financial strains in the country's outsized property sector are spreading beyond the troubled Evergrande conglomerate.Fantasia Holdings, a Shenzhen-based developer, missed repaying $206 ...
Oct 5, 2021 • 15min
Are Rising Energy Prices The First Sign Of Greenflation?
Send us a textOver the last month the news has been dominated by stories of energy shortages around the world. China has seen major industrial output cuts caused by power outages over the last year, European gas prices are trading near record highs and the UK is reeling from the political fallout of a surge in energy prices. US oil prices rose to the highest level in seven years after OPEC and its allies declined to accelerate plans to increase crude production, snubbing calls from the White ...
Sep 30, 2021 • 17min
What Does China's Crypto Ban Mean? Will Other Countries Follow Suit?
Send us a textIn the latest of a series of crypto crackdowns, Chinas central bank announced on Friday that overseas facilities offering cryptocurrency services inside China are “illegal”. It warned that any local staff who help these businesses operate, or even provide marketing and technical support, “shall be investigated”. This is the most direct crackdowns by a major regulator against “offshore” exchanges that have proliferated as interest among traders has boomed in Bitcoin, Ethereum, Do...
Sep 23, 2021 • 16min
Evergrande & The Chinese Economy
Send us a textThe financial woes of Evergrande the once-mighty Chinese property developer highlight a showdown between two competing objectives for China's Communist Party. They aim to force China's private sector away from speculative and risky lending practices while avoiding a financial meltdown and the collapse of the property sector, in which more than 70% of the nation's urban wealth is locked up.Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives ...
