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331 afleveringen, van nieuw naar oud
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Can Trump's Tariffs Work?
10 december 2024 · 24 min
In today's video we examine Donald Trump's plan to rebalance global trade using tariffs, try to understand the issues with international trade that have been pushing the United States and other countries in this protectionist direction, and if tariffs can be expected to improve the situation or make things worse. We’ll discuss whether Trump could impose his tariffs unilaterally on his first day in office and whether the mere threat of tariffs could be used to improve Americas bargaining power? Lees meer
Subscribe to @PBoyleInterviews here: https://youtu.be/w7sWER7LJd8
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvCWays To Support The Channel
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleBusiness Inquiries ➡️ sponsors@onfinance.org
Further Reading:
Michael Pettis Trade Intervention for Freer Trade: https://carnegieendowment.org/research/2024/10/trade-intervention-for-freer-trade?lang=en
CFR The Contentious U.S.-China Trade Relationship: https://www.cfr.org/backgrounder/contentious-us-china-trade-relationship -
How Much of a Good Thing is Too Much? Victor Haghani Interview
5 december 2024 · 1 uur 25 min
Victor Haghani started his career at Salomon Brothers and shortly after became a managing director in the bond arbitrage group run by John Meriwether. He was a founding partner of Long-Term Capital Management and established its London office. The failure of LTCM was a life-changing experience that led him to question and revise much of the way he thought about the economy, markets, and investing. Lees meer
His new book - The Missing Billionaires is a personal finance book that examines why there are so few "old money" billionaires on the current rich lists. The book focuses on poor risk decisions, both in investing and spending. Many of the millionaires from 125 years ago didn’t choose bad investments– they simply sized them incorrectly– and allowed their spending decisions to amplify this mistake.
The Missing Billionaires book offers a framework for making important lifetime financial decisions in a systematic and rational way. In today's interview Victor discusses how much risk an investor should take to safely grow their wealth or how much of a good thing is too much?
The Missing Billionaires on Amazon: https://amzn.to/3OIr6u8
Subscribe to Victor's Mailing List: https://elmwealth.com/elm-in-the-press/Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvCWays To Support The Channel
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleBusiness Inquiries ➡️ sponsors@onfinance.org
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Yotta Bank & The Problem with Fintech!
1 december 2024 · 22 min
Marc Andreessen appeared on the Joe Rogan podcast this week arguing that the Consumer Financial Protection Bureau (CFPB) should be shut down as it debanks conservatives. Lees meer
In today's video we use the example of the finfluencer promoted fintech bank Yotta - look at its ties to another fintech - synapse to try to understand if the CFPB should be defunded or if savers need to be protected from fintech firms that are mostly unregulated.
Subscribe to Patrick's interview channel here: https://www.youtube.com/@PBoyleInterviews
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvCWays To Support The Channel
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleBusiness Inquiries ➡️ sponsors@onfinance.org
Additional Reading:
CNBC Article: https://www.cnbc.com/2024/11/22/synapse-bankruptcy-thousands-of-americans-see-their-savings-vanish.html
How Safe are Online Banks & Fintechs?: https://www.bloomberg.com/news/articles/2024-10-09/how-safe-is-your-money-really-in-online-banks-and-fintechs
Andreessen-Backed Fintech's Meltdown Shows Bank Middlemen Risks: https://news.bloomberglaw.com/banking-law/andreessen-backed-fintechs-meltdown-shows-bank-middlemen-risks
Rob Copeland - How To Keep Your Money Safe: https://www.nytimes.com/2024/08/10/business/online-lending-banking-money-risks.html
CFPB Debanking Press Release: https://www.consumerfinance.gov/about-us/newsroom/cfpb-finalizes-rule-on-federal-oversight-of-popular-digital-payment-apps-to-protect-personal-data-reduce-fraud-and-stop-illegal-debanking/
a16z Investment list: https://a16z.com/investment-list/
Joe Rogan - Marc Andreessen Interview: https://www.youtube.com/watch?v=ye8MOfxD5nU -
Can Elon Musk Cut Two Trillion Dollars From the US Budget?
25 november 2024 · 28 min
Elon Musk and Vivek Ramaswamy are heading up Donald Trump's newly created Department of Government Efficiency which plans to take aim at wasteful government spending. On the campaign Elon Musk claimed that he could cut two trillion dollars in government spending. What would those cuts look like and how likely is Elon Musk to succeed? Does Elon Musk have too many conflicts of interest to do this job? Lees meer
Subscribe to Patrick's interview channel here: https://www.youtube.com/@PBoyleInterviews
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvCWays To Support The Channel
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleAdditional Reading:
Jetson Leder-Luis Website: https://sites.bu.edu/jetson/
False Claims Act Reporting: https://www.justice.gov/civil/report-fraud
The Economist: https://www.economist.com/briefing/2021/11/20/governments-are-not-going-to-stop-getting-bigger
Reid Hoffman in The FT: https://www.ft.com/content/a3a329ee-8c9a-4abd-add2-eb7d56f4c108Visit our website: https://www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleBusiness Inquiries ➡️ sponsors@onfinance.org
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The Great Depression - An Economic History
18 november 2024 · 52 min
The Great Depression was the worst and deepest peacetime economic shock in the history of the industrialized world. It brought about profound social change and was a significant factor in the drift towards the Second World War.
The depth of suffering during the Depression years is hard for many of us to imagine today. More than 1 in five children in the city were suffering from malnutrition by 1932, and the Great Depression was only getting going at that point, it lasted seven more years.
So, why did events on Wall Street in 1929 reverberate around the world? Why did the depression last so long, and how did America and the rest of the world eventually dig themselves out of this financial hole? Lees meerPatrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvCWays To Support The Channel
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleAdditional Reading:
Milton Friedman on The Great Depression: https://amzn.to/4fvMYF6
The Great Depression by Robert S. McElvaine: https://amzn.to/40Szajt
Essays on The Great Depression by Ben Bernanke: https://amzn.to/40Szajt
Keynes letter: https://www.economicsnetwork.ac.uk/archive/keynes_persuasion/The_Economic_Consequences_of_Mr._Churchill.htm
The U.S. Economy in the 1920s: https://eh.net/encyclopedia/the-u-s-economy-in-the-1920s/
Britain In The Great Depression: https://moneyweek.com/economy/uk-economy/602525/britain-didnt-have-a-roaring-20s-it-had-a-roaring-30s-heres-why
Michael Pettis in The FT: https://www.ft.com/content/ec1b730b-0fbf-3a8c-896a-557c06f730cf
The photographers of the Great Depression - Dorothea Lange, Walker Evans, and Arthur RothsteinBusiness Inquiries ➡️ sponsors@onfinance.org
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The Truth About the US Economy!
10 november 2024 · 20 min
The US Economy has been booming in recent years and most Americans are doing better than they were a year ago, unemployment is lower, wages are growing, and inflation is declining. It’s not just the one percent either, the statistics show that Americans across ages and social classes are doing really well. While people should be feeling these tangible economic improvements, surveys show that Americans are the most pessimistic they have been about the economy in thirty years.
TikTokers have coined the term “the silent depression,” claiming that it’s harder to get by today than it was during the great depression. So what is the truth about the US Economy? Lees meerFurther Reading:
It's Getting Better All The Time - Stephen Moore & Julian Simon: https://amzn.to/3CigyiK
Factfulness by Hans Rosling: https://amzn.to/4fqA6QI
Gilad Edelman in the Atlantic: https://www.theatlantic.com/ideas/archive/2023/12/inflation-food-prices-democrat-biden/676901/Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvCWays To Support The Channel:
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleBusiness Inquiries ➡️ sponsors@onfinance.org
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Deindustrialization in Europe?
3 november 2024 · 27 min
There has been a lot of press on how Europe is facing deindustrialization, where manufacturing employment is in terminal decline and the continent can no longer compete due to high energy prices, economic competition, and other factors. In today's video we try to work out if Europe is doomed and should pivot towards tourism - becoming the worlds museum. Lees meer
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvCHelpful Links:
Mario Draghi Report: https://commission.europa.eu/topics/strengthening-european-competitiveness/eu-competitiveness-looking-ahead_en
Oxford Economics: https://www.oxfordeconomics.com/resource/claims-of-deindustrialisation-in-europe-are-overblown/
Ways To Support The Channel
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleBusiness Inquiries ➡️ sponsors@onfinance.org
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Big Tech is Going Nuclear!
27 oktober 2024 · 24 min
Big tech companies like Microsoft, Amazon and Google are driving the nuclear revival, as to get new power-hungry data centers built in the US and Europe, they have to solve the problem of power generation. Their net zero pledges mean that the sources of power that they have pledged to use have to be low carbon, and they have already invested heavily in wind and solar, but their data centers still need a steady base load, so for big tech, investing in nuclear energy makes a lot of sense. Lees meer
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvCWays To Support The Channel
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleBusiness Inquiries ➡️ sponsors@onfinance.org
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What Went Wrong With California?
20 oktober 2024 · 27 min
Since the gold rush, California has been the go-to state for start-up companies. In recent years the Golden State has been losing the competition with neighboring states. More than 500 businesses have left California since 2005. Among these businesses were Fortune 500 companies and the economic impact from these departing companies is likely to be severe. Lees meer
California’s tax laws and prohibitive regulations are the leading causes of the massive corporate exodus. The business-friendly conditions, opportunities to save costs, and home-ownership options for employees in other states are a few reasons companies have decided to leave California. These factors led to the first three-year decline in population in Californias history. In today's video we ask, what went wrong with California?
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvCWays To Support The Channel
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleBusiness Inquiries ➡️ sponsors@onfinance.org
Patrick Boyle On Finance YouTube Channel: https://www.youtube.com/@PBoyle
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The FBI had A Crypto Token!
12 oktober 2024 · 20 min
The FBI created their own crypto token called NexFundAI as part of an investigation into price manipulation in crypto markets. As a result of the investigation, the SEC charged three “so-called market makers” and nine individuals for allegedly engaging in schemes to boost the prices of certain crypto assets. The Department of Justice charged 18 people and entities for “widespread fraud and manipulation” in crypto markets. Lees meer
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvCWays To Support The Channel
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyleVisit our website: https://www.onfinance.org
Follow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleAdditional Links:
SEC Press Release: https://www.sec.gov/newsroom/press-releases/2024-166
U.S. Attorney's Office, District of Massachusetts: https://www.justice.gov/usao-ma/pr/eighteen-individuals-and-entities-charged-international-operation-targeting-widespread
Link To Report Losses: https://forms.fbi.gov/seeking-information-in-cryptocurrency-investment-fraud-investigationBusiness Inquiries ➡️ sponsors@onfinance.org
Patrick Boyle On Finance Podcast:
Spotify: https://open.spotify.com/show/7uhrWlDvxzy9hLoW0EYf0b
Apple: https://podcasts.apple.com/us/podcast/patrick-boyle-on-finance/id1547740313
Google Podcasts: https://tinyurl.com/62862nveJoin this channel to support making this content:
https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join -
The Collapse of The Luxury Watch Market - Why Have Secondary Market Prices Fallen So Much?
7 oktober 2024 · 30 min
Send us a textPrices for the most in-demand luxury watches have been in freefall on the secondary market since March 2022 as a pandemic-era rally fizzled. Are luxury watches a good investment, how do watch prices perform in the long run?Patrick's BooksStatistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https://amzn.to/3cjsyPFCorporate Finance: https://amzn.to/3fn3rvCSupport The ChannelPatreon Page: https://www.patreon.com/PatrickBoyleO... Lees meer
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Crypto Has Bought The 2024 Election!
2 oktober 2024 · 24 min
Send us a textAccording to the consumer advocacy group Public Citizen, almost half of all corporate money contributed to this year's US election campaigns has come from crypto backers and politicians are bending to their will with promises to reduce regulation and consumer protections.Why do Trump and Kamala Harris suddenly support crypto? In today's video we follow the money.Patrick's BooksStatistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor:... Lees meer
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Is Tony Robbins Right About Private Equity?
27 september 2024 · 30 min
Send us a textIn a recent CNBC interview Tony Robbins extolled the virtues of investing in private equity, arguing that private equity provided high returns – with low risk. Is he right? Should everyone invest in Private Equity?Patrick's BooksStatistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https://amzn.to/3cjsyPFCorporate Finance: https://amzn.to/3fn3rvCSupport The ChannelPatreon Page: https://www.patreon.com/PatrickBoy... Lees meer
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Is the EV Revolution Dead?
23 september 2024 · 26 min
Send us a textAutomakers are hedging their bets on electric vehicles and stepping up their investment in hybrid cars as consumers’ growing disinterest in fully electric vehicles has forced the industry to shift gear.A combination of high EV depreciation and concern over inadequate charging infrastructure has chilled buyers’ enthusiasm for fully electric cars, prompting a rebound in sales of hybrid vehicles that many automakers had ignored.Volvo scrapped its target of going all electric by 203... Lees meer
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Tech Bros Inventing Things That Already Exist
12 september 2024 · 26 min
Send us a textIt seems like every day the tech industry comes out with a "brilliant new idea” that turns out to be merely a reinvention of a mundane product that already existed. Tech bros keep reinventing the bus, but they have also taken to reinventing the tea pot, the toothbrush, the lunchbreak and the public park. In today's video we look at the tech products that either already existed or should never have existed.Patrick's BooksStatistics For The Trading Floor: https://amzn.... Lees meer
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The Great British Bailout
3 september 2024 · 28 min
The British government is closing in on a bailout of the Chinese owned British Steel in which taxpayers would inject £600 million pounds into the group.British Steel is one of only two manufacturers of “virgin steel” in the UK alongside Tata Steel at Port Talbot in Wales which some industry experts claim is strategically important. Tata is in more advanced talks of its own with the government over a similar bailout.The British government wants the steel mills to switch from usin... Lees meer
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When AI is Just Badly Paid Humans!
25 augustus 2024 · 23 min
Send us a textIn recent years, a number of companies have been caught claiming to use artificial intelligence while in reality, outsourcing this work to humans. The SEC recently settled with two funds who were misleading investors about their use of the technology. While artificial intelligence has been widely used in industry for decades, not all companies have been truthful with their claims of AI breakthroughs.In today's video we discuss to what extent have big firms been faking AI? Statis... Lees meer
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Adam Robinson - Strategy for Investing and for Life
21 augustus 2024 · 1 uur 36 min
Send us a textSign up for Compounded Daily at this link: https://www.compoundeddaily.com/I welcome my friend Adam Robinson to the podcast, the person who has had possibly the most interesting career of anyone I know. He was a teenage Chess prodigy who trained with Bobby Fischer as Fischer prepared to play Boris Spassky for the 1972 world championship – in what has gone on to be known as The Match of The Century. He was an undergrad at The Wharton School at the University of Pennsylvania and l... Lees meer
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America's Retirement Timebomb!
18 augustus 2024 · 27 min
Send us a textOver the next five years the largest cohort of the baby boomer generation will reach retirement age and while it is broadly assumed that they will have comfortable retirements, a recent analysis of their assets shows that more than half of this final group of boomers are not financially prepared to retire whatsoever.In today's video we look at how American retirees found themselves in this position, and how much you need to save to have a comfortable retirement.Patrick's Books:S... Lees meer
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What's Behind Last Week's Stock Market Drama
13 augustus 2024 · 26 min
Send us a textThis Monday was one of the worst days for global stock markets in years, Stocks in the US, Europe and Japan tanked on Friday and again on Monday before a partial rebound. Bond yields and foreign exchange rates swung around wildly too.The Magnificent seven stocks lost about $1 trillion dollars in value in just two days. So, what exactly is going on in markets, and how much should we worry?Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives F... Lees meer
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Big Tech Doesn't Want You Anymore
4 augustus 2024 · 25 min
Send us a textBig Tech is slashing hundreds of thousands of jobs and blaming artificial intelligence, but there may be more to the story than that. Intel just announced fifteen thousand layoffs yesterday, causing their stock price to plunge. Big Tech, who for over a decade provided all sorts of employee perks may no longer be the dream place to work.Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https://amzn.to/3cj... Lees meer
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Short-Seller Andrew Left Charged With Fraud!
30 juli 2024 · 32 min
Send us a textThe activist short seller Andrew Left surrendered to authorities in Los Angeles on Monday to face federal criminal securities fraud charges, a spokesman for the U.S. Attorney’s Office there said.Both the SEC and a federal grand jury in the Central District of California brought charges against Andrew Left a prominent activist short seller with multiple counts of securities fraud for a long-running market manipulation scheme reaping profits of at least $20 million.As alleged in t... Lees meer
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Pump and Dump Schemes are Now Totally Legal
22 juli 2024 · 20 min
Send us a textA Texas District Judge Andrew S. Hanen has dismissed all charges against seven social-media influencers the SEC and Justice Department had accused of perpetrating a “stock manipulation scheme” on Twitter and Discord, ruling that the prosecution failed to state an offense in a case alleging securities fraud. The influencers were accused of securities fraud through a Pump and Dump scheme as they posted on social media that they owned or were buying various penny stocks but did not... Lees meer
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Will Trump Pump the Stock Market?
15 juli 2024 · 33 min
Send us a textU.S. stocks are expected to get a short-term boost in the aftermath of the attempted assassination of former President Donald Trump over the weekend, as analysts say the likelihood of his victory in November has increased. Trump's lead has extended itself since Biden's poor debate performance two weeks ago which left his biggest supporters concerned about the president's ability to handle the rigors of another four years in office. Will the stock market do better under Tru... Lees meer
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History's Greatest Conman!
6 juli 2024 · 31 min
Send us a textGregor MacGregor was a Scottish soldier, adventurer, and con man who invented a Central American country called “Poyais,” in 1820 which he claimed to rule as the “Cazique.” MacGregor attempted to draw British and French investors and settlers to his fictional country. Hundreds invested in Poyaisian government bonds and land certificates, while about 250 emigrated to MacGregor’s invented country. MacGregor’s Poyais scheme has been called one of the most brazen confidence tricks i... Lees meer
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The Pig Butchering Scam!
29 juni 2024 · 28 min
Send us a textEvery year, people around the world lose millions of dollars to a sophisticated scam known as “the pig butchering romance scam”. The scam takes its name from the victims, who the scammers call “pigs” that they "fatten up" before slaughter. It usually begins with a text message that appears to be a wrong number. People who respond are lured into a long conversation with a good-looking and wealthy stranger who eventually offers to teach them how to make money with crypt... Lees meer
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Millionaire Exodus?
22 juni 2024 · 29 min
Send us a textMillionaires are leaving the UK faster than any country in the world other than China, new data shows.According to the Henley Private Wealth Migration Report, 9,500 millionaires, defined in US dollar terms are leaving the UK this year. Only China - which has more than twice as many people with seven-figure net worths - saw more millionaires leave.This is a new record outflow for the UK, with London expected to be especially hard hit. The top destinations for millionaires leaving... Lees meer
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Financial Nihilism - Understanding Meme Stocks & Crypto
15 juni 2024 · 22 min
Send us a textDemetri Kofinas came up with the term Financial Nihilism in 2019, describing it as a philosophy that treats the objects of speculation as though they are all intrinsically worthless. Financial nihilism according to Demetri represents an ideological standpoint that questions the value and legitimacy of financial systems, markets, and even the concept of money itself. It doesn’t involve a simple disregard for fundamental reality but a contempt for all fundamentals. The point... Lees meer
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Election Chaos! India, Mexico & South Africa
9 juni 2024 · 25 min
Send us a textIndia’s stock market took its worst tumble in four years after Indian Prime Minister Narendra Modi’s BJP lost its parliamentary majority in a surprise outcome.This result means that Modi will need to rely on smaller parties to form a governing majority in the Lok Sabha, the lower house of India’s parliament, raising uncertainty about the Indian leader’s ability to pursue his pro-business agenda.Surprise election results in Mexico and South Africa also shook markets over th... Lees meer
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How WallStreetBets Really Started - Trolls of Wall Street - With Nathaniel Popper
4 juni 2024 · 56 min
Send us a textTrolls of Wall Street on Amazon: https://amzn.to/4e40D5MAn interview with Nathaniel Popper the author of Trolls of Wall Street - How the Outcasts and Insurgents Are Hacking the Markets. Trolls of Wall Street is a new book telling the story of an improbable gang of self-proclaimed “degenerates” who made WallStreetBets into a cultural movement that moved from the fringes of the internet to the center of Wall Street, upending the global financial markets and changing how an entire ... Lees meer
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Was Endless Shrimp to Blame for Red Lobster's Bankruptcy?
27 mei 2024 · 18 min
Send us a textRed Lobster was America’s largest casual dining seafood chain, with almost 600 locations across the United States and Canada. Its bankruptcy was announced earlier this week.The bankruptcy declaration insinuates that the chains equity owner who was also their biggest seafood supplier might have decided that their equity stake in the business was worthless, but that they could extract some extra value from the company before it declared bankruptcy by selling them a lot of extra sh... Lees meer
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Japan Spent 60 Billion Dollars Defending The Yen!
21 mei 2024 · 27 min
Send us a textOver a four-day period Japan is suspected to have carried out two interventions to support the yen at an estimated cost of $59 billion dollars.The first intervention came after the yen fell below 160 to the dollar for the first time in 34 years. The second intervention came a few days later after Jerome Powell announced that a rate hike was unlikely to be the Fed’s next interest-rate move.The simplest explanation for the declining yen is that it is entirely driven by Japanese in... Lees meer
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Shell's Fake Carbon Credit Scandal Explained!
12 mei 2024 · 30 min
Send us a textEurope’s largest oil and gas company Shell was accused in an investigative report from Greenpeace Canada of selling millions of carbon credits tied to CO2 removal that never took place.Let’s look at what Shell did, how carbon offsets work, and how environmentally beneficial they actually are.Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https://amzn.to/3cjsyPFCorporate Finance: https://amzn.to/3fn3rv... Lees meer
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Won't Somebody Please Think of The Traders??
4 mei 2024 · 18 min
Send us a textThe Société Générale Delta One Desk is back in the news after two traders were dismissed - accused of placing unauthorized risky options trades.Kavish Kataria – one of the traders in question - attacked the banks leadership with a LinkedIn post on Thursday saying the “entire risk team and other bosses” were equally responsible for the trades and complaining that his bonus had been withheld. The Delta One desk that Kataria worked on is the same trading desk where rogue SocGen tra... Lees meer
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The Handbag Wars! - Has The FTC Lost Control?
29 april 2024 · 20 min
Send us a textLina Khan's Federal Trade Commission is suing to block Tapestry's $8.5 billion acquisition of Capri Holdings, saying the deal would harm consumers by reducing competition and raising prices in the affordable luxury handbag sector.Monday's lawsuit challenges the proposed deal that would have Tapestry controlling Coach, Kate Spade, Stuart Weitzman, Michael Kors, Versace and Jimmy Choo.According to the FTC, the acquisition could have a negative impact on the millions of American sh... Lees meer
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Is Britain Falling Behind?
24 april 2024 · 30 min
Send us a textCheck out Eight Sleep and unlock $200 off using my link: https://www.eightsleep.com/boyle/ British stocks closed at an all-time high this week, but as exciting as a new all-time high might sound, the British stock market has been lagging US and European stocks since the Brexit referendum.A recent report from Goldman Sachs says that the British economy is 5% smaller than it would have been had it remained in Europe.The IMF last week listed the UK in its Fiscal Monitor public... Lees meer
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Neom - The Line - The Rise and Fall of Saudi Arabia's Linear City.
16 april 2024 · 33 min
Send us a textSaudi Arabia’s plan to build a 170km long, 500m tall, mirrored city in the desert, filled with 9 million people has been curtailed to 2.4km long.According to Bloomberg, Saudi Arabia’s government had “scaled back its medium-term ambitions” for Neom, of which The Line is the most significant sub-project.The Saudi government had hoped to have 9M residents living in The Line by 2030, but this has been scaled back to fewer than 300,000, according to the report.The curtailment of plan... Lees meer
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What Happened to Electric Vehicle Sales?
5 april 2024 · 25 min
Send us a textSales growth of electric vehicles has slowed dramatically this year. Tesla delivered 20% fewer cars in the first quarter of 2024 than in the prior quarter, and BYD who was previously the world’s biggest EV maker saw sales decline more than 40% over the same period.BYD’s EV sales were still up 13% when compared to the same quarter a year earlier, while Tesla’s sales were down 9%. Both companies have been slashing prices to stimulate demand.While EV sales overall are still r... Lees meer
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What the End of Japan’s Negative Interest Rates Means
29 maart 2024 · 14 min
Send us a textJapan’s central bank raised interest rates last week for the first time in seventeen years, ending the world’s only remaining negative interest rate regime. The Bank of Japan also abandoned its yield curve control policy which has been in place since 2016, which saw it buying Japanese government bonds to keep longer term interest rates from rising. It has however maintained bond buying at the same pace for now.Patrick's Books:Statistics For The Trading Floor: https:/... Lees meer
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Bankruptcies Rising Around The World
22 maart 2024 · 20 min
Send us a textAfter a decade of decline, bankruptcy filings around the world are on the rise. In the United States, business bankruptcy filings rose more than 40 percent last year and non-business bankruptcy filings rose 16 percent.Bankruptcies in England and Wales just hit a 30-year high according to the latest figures.In Japan, corporate bankruptcies involving a total liability of 10 million Yen or more increased year on year by more than 35 percent.Patrick's Books:Statistics For The ... Lees meer
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Elon Musk Vs. OpenAI - The Lawsuit
8 maart 2024 · 21 min
Send us a textElon Musk filed a lawsuit last week against OpenAI and its CEO Sam Altman, alleging the company’s deal with Microsoft compromised the start-up’s original mission. Musk is seeking disgorgement, additional unspecified damages and specific performance. Let’s go through these claims one by one, see what legal experts have been saying about the case. We will also discuss the Open AI memo saying that the claims in this lawsuit suit stem from Elon’s regrets about not being i... Lees meer
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The Office Real Estate Crunch!
4 maart 2024 · 20 min
Send us a textOffice mortgage default rates are rising around the world which could mean problems for the banks, insurance companies and pension funds who lent money to real estate investors.Let’s discuss the distressed sales of office buildings that have been happening over the last few months, why New York Community Bancorp is down more that 65% year to date, what banking regulators are saying about loan portfolios at large US banks and how banks are hedging their loan books. Patrick's Book... Lees meer
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Is AI Actually Useful?
25 februari 2024 · 25 min
Send us a textA new Harvard Business School study analyzed the impact of giving AI tools, to white collar workers at Boston Consulting Group.In the study, management consultants who were told to use Chat GPT when carrying out a set of consulting tasks were far more productive than their colleagues who were not given access the tool. Not only did AI-assisted consultants carry out tasks 25 per cent faster and complete 12 per cent more tasks overall, but their work was also assessed to be 40 per... Lees meer
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Are Exports the Only Source of Growth?
17 februari 2024 · 30 min
Send us a textAs the global fight over manufacturing share and exports heats up, with surplus economies doubling down on exports, and deficit economies discussing protectionist strategies, the policies of the largest global economies are in clear conflict. Are trade wars likely, how do they work, and can the global economy regain balance?Michael Pettis Books:The Great Rebalancing: https://amzn.to/4bDIGKfTrade Wars Are Class Wars: https://amzn.to/3I2xHMHPatrick's Books:Statistics For The Tradi... Lees meer
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Adam Neumann Buying Back WeWork?
10 februari 2024 · 15 min
Send us a textAdam Neumann has been trying to buy WeWork - the company he cofounded out of bankruptcy — allegedly with the help of the hedge fund manager Dan Loeb of Third Point.Neumann’s new real estate company "Flow" has sent a letter to WeWork requesting that they consider its takeover approach. Flow has already raised $350 million from the venture capital firm Andreessen Horowitz, disclosed in the letter that Loeb’s Third Point would help finance a transaction. The Financial Times c... Lees meer
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Elon Musk Pay Deal Voided - Should Tesla Reincorporate in Texas?
3 februari 2024 · 34 min
Send us a textA Delaware court this week voided Elon Musk’s $55.8 billion dollar pay deal with Tesla. The voiding of these stock options erases about a quarter of Musk’s current wealth.The judgement came in response to a shareholder lawsuit launched by Richard Tornetta who owned nine shares in the company. Judge Kathaleen McCormick found Tesla directors, who negotiated the pay package, were "perhaps starry eyed" due to Musk's "superstar appeal" and did not adequately inform shareholders... Lees meer
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Risk & Return - The Jesse Livermore Story
29 januari 2024 · 54 min
Send us a textJesse Lauriston Livermore was a famed American stock trader known for his huge successes and devastating failures in the early 20th century. Starting as a "chalkboard boy" in a Boston brokerage, he became hugely wealthy as a trader first in "bucket shops" and then on the exchange in New York. Livermore made millions in the Panic of 1907, the roaring 20's and in the 1929 market crash. His experiences are chronicled in the classic "Reminiscences of a Stock Operator" by Edwin... Lees meer
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Startups Are Shutting Down!
21 januari 2024 · 19 min
Send us a textBig startups are shutting down. More than 3000 private venture backed startups failed in the last year. Of the startups raising money, 19% were funded at a lower valuation than in prior funding rounds. 38% of VCs disappeared from dealmaking last year and more than a quarter of a million workers at tech companies lost their jobs over the same period. US corporate bankruptcy filings closed out 2023 with the most filings since 2010. The year has been described as a mass extin... Lees meer
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Are You In The One Percent?
15 januari 2024 · 30 min
Send us a textHow much do you need to earn per year to be in the top 1%? The answer to this question varies depending on if you are asking about the 1% in a given country or globally?In today's podcast we discuss how much you have to earn and how wealthy you have to be to be considered in the top one percent. We discuss the careers and lifestyles of the one percent. We look at inequality research to understand if inequality is actually growing as much as researchers like Tho... Lees meer
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Why China is Flooding Europe with Cars.
9 januari 2024 · 26 min
Send us a textHow is China able to sell European drivers so many cheap cars? Customs data shows that Chinese EV shipments to the European Union have increased by 361% since 2021. All over the world, Chinese automakers are taking market share which is threatening European automakers. Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: https://amzn.to/3cjsyPFCorporate Finance: https://amzn.to/3fn3rvCPatreon Page: ht... Lees meer