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331 afleveringen, van nieuw naar oud
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Should Companies Make Political Donations?
10 juli 2021 · 16 min
Send us a textCompanies across major sectors of the market are reassessing political donations in response to the January 6th storming of the U.S. Capitol, but it is too soon to know whether it leads to fundamental changes in the way money flows between politics and business. In this video we discuss whether companies should make political donations?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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China cracks down on Didi days after IPO
5 juli 2021 · 7 min
Send us a textDiDi is a Chinese Ride Hailing app that raised $4.4bn in its listing on the New York Stock exchange this Wednesday. This was the biggest Chinese listing in the US since Alibaba listed seven years ago. The stock initially rallied, then two days later news broke that the Chinese regulators are investigating the company. They say they are doing this “in order to maintain national security and protect the public interest.” The stock fell 5.3 per cent on Friday to $... Lees meer
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Lordstown Motors Executives Sold $8 Million of Stock Before Bad News Broke
24 juni 2021 · 11 min
Send us a textMembers of the leadership team at Lordstown Motors appear to have sold large amounts of company stock just before reports of various troubles at the company became public. Five top Lordstown executives—including president Rich Schmidt, now former chief financial officer Julio Rodriguez, and propulsion head Chuan "John" Vo—sold some of their shares worth a total of more than $8 million in early February when the stock was worth around $24 a share. Today, it's worth around $10.Pat... Lees meer
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Where Have All The Stocks Gone?
16 juni 2021 · 18 min
Send us a textThe Private Capital Industry Soars Beyond $7 TrillionOver the past twenty years, the number of companies listed on the US stock market has almost halved. The world’s largest, most liquid public equity market would appear to have lost its shine.Institutional investors have been piling into private markets instead, in particular venture capital, private equity and private debt. The Financial Times reported last week that the size of the private capital industry has now reached $7.... Lees meer
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Inflation - A New Era?
8 juni 2021 · 19 min
Send us a textUnprecedented stimulus measures to help the global economy recover from the pandemic are fueling price rises in many major economies. This week we examine whether this is just temporary, or if inflation is back for good. Is this a new era of hyperinflation?Interview With Manoj Pradhan: https://www.youtube.com/watch?v=SHf0o...Book by Manoj Pradhan - The Great Demographic Reversal: https://amzn.to/2TBpGsaPatrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerL... Lees meer
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Robinhood IPO Access
8 juni 2021 · 20 min
Send us a textRobinhood will give retail investors access to IPO shares. Robinhood announced last week that they are building a platform to “democratize” initial public offerings, including their own, that would allow users of its trading app to buy shares alongside Wall Street funds.The move could erode Wall Street’s grip on stock market flotations. It would be easier to implement for Robinhood’s own IPO, given how companies and their investment bankers tightly control allocations to investo... Lees meer
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The Five Biggest Insider Trading Scandals
20 mei 2021 · 24 min
Send us a textThe top five insider trading scandals. When people hear the term “insider trading,” they think of the crime. But insider trading is just the trading of a public company's securities by people with access to nonpublic or insider information about the company. There are rules around how insiders are allowed trade, forms they must fill out and so on, and these differ around the world.Insider trading becomes illegal when a person bases their trading decision on information that the ... Lees meer
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Wall Street Quants - A History
6 mei 2021 · 17 min
Send us a textI have been a trader for over twenty years, and from the start of my hedge fund career working with Victor Niederhoffer I have taken a quantitative approach to researching and executing trading strategies. A quant trader is a trader that builds statistical models to test trading strategies rather than relying on intuition and experience. Today we will look at the history of Quantitative Trading from 4000 years ago up until the present day. We will discuss the contributions... Lees meer
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What Are The Odds Of A Double Yolk Egg?
29 april 2021 · 6 min
Send us a textTodays podcast is a fun look at probability and statistics. We learn about double yolk eggs, why do they happen, what is the probability of finding one, and if you get one double yolker egg in a carton what is the probability of finding more than one? In probability, two events are independent if the incidence of one event does not affect the probability of the other event. If the incidence of one event does affect the probability of the other event, then the events are de... Lees meer
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The Bitcoin Green Revolution - Is Cathie Wood Right About Bitcoin?
26 april 2021 · 14 min
Send us a textWe look at the latest research from the good folks ARK Invest and payment company Square titled “Bitcoin is Key to an Abundant, Clean Energy Future”. Are Cathie Wood and Jack Dorsey right about the bitcoin green revolution?The white paper Square and ARK Invest ($ARKK) published this week aims to justify bitcoin’s energy use and explain how it could be the key to a future of clean energy. Square, a fintech founded by Twitter CEO Jack Dorsey, has invested $220 m in bitcoin, ... Lees meer
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New Companies Vs. Old
16 april 2021 · 10 min
Send us a textA study by McKinsey found that the average life-span of S&P 500 companies has fallen from 61 years in 1958 to less than 18 years today. McKinsey predict that, by 2027, 75% of the companies currently included in the S&P 500 will have disappeared.So, What happens to these companies? Well, many will be bought- out, merged, and some will even go bankrupt like Lehman Brothers and Worldcom did. Some companies keep on going. General Electric, Exxon Mobile and Procter & Gamb... Lees meer
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Gamestop Selling New Shares $GME
6 april 2021 · 7 min
Send us a textTwo months after Reddit day traders took GameStonk ( $GME ) shares to surprising heights in a massive short squeeze, the video game retailer is finally trying to cash in. On Monday, it announced plans to issue up to 3.5 million new shares worth $650m via an “at-the-market” offering, or ATM. The structure allows the issuer to raise cash bit by bit over the course of months or years. This is reasonable opportunism. Despite a pullback, GameStop shares are still up 900 per cent this... Lees meer
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The Archegos Capital Blow-up
31 maart 2021 · 13 min
Send us a textArchegos Capital: The little-known family office of Bill Hwang convinced almost every big bank to lend enormous sums to it. One of the so-called Tiger Cub veterans of Julian Robertson’s Tiger Management fund, Hwang was, after all, a man who had run into trouble before, having been banned from trading in Hong Kong and fined millions in the US to settle illegal trading charges in 2012. Hwang, used to run a hedge fund called Tiger Asia, but he returned outside money aft... Lees meer
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The Collapse of Greensill Capital
24 maart 2021 · 19 min
Send us a textThe Collapse of Greensill CapitalSoftBank-backed Greensill (a fintech company) lent billions of dollars to companies that included the highly indebted metals conglomerate GFG Alliance, silicon valley Construction Technology company Katerra and West Virginia mining company Bluestone Resources. These loans were packaged into bonds which were sold as a fund by Credit Suisse.Greensill was funded by its own German-based and regulated bank and via Zurich-based Credit Suisse Asset Mana... Lees meer
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The Next Hedge Fund Scandal
17 maart 2021 · 12 min
Send us a textWhat is the latest free money for Wall Street Hedge Funds? SPAC Arbitrage, which is an investment strategy that seeks to acquire shares or units of a special purpose acquisition company (“SPAC”) at or below its net asset value (“NAV”) in order to generate a return through either:An exit at a premium to NAV once the SPAC announces a business combinationAn exit at NAV, being the IPO price plus accrued interest, while keeping the SPAC WarrantIzzy Englander’s Millennium Management i... Lees meer
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The Infinite Money Machine
10 maart 2021 · 8 min
Send us a textThe story I am about to tell you will contradict almost everything I have taught people about risk and return, about how easy it is to make money and about arbitrage in markets. Today I’m going to tell you how an experimental physicist Konstantin Anikeev discovered an infinite money machine and used it to make $310 thousand dollars. In addition he made this money in such a way that the IRS could not even tax him on the income. because Konstantin doesn’t have to pay taxes o... Lees meer
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Top Five Corporate Scandals of The Century
6 maart 2021 · 22 min
Send us a textIn today's Podcast we look at some of the biggest corporate scandals since the turn of the century. They are listed in no particular order - let’s see if there is anything we can learn from them.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.onf... Lees meer
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The Best Performing Stocks of The Last 100 Years
19 februari 2021 · 10 min
Send us a textIn today's podcast we discuss the top performing stocks of the last 100 years. Which countries have had the best performing stock markets, and which factors drive outperformance. Every year, in association with Credit Suisse, Elroy Dimson, Paul Marsh and Mike Staunton of London Business School, release The Credit Suisse Global Investment Returns Yearbook which analyses global market returns since 1900. The 2020 edition gives us the insights gleaned from examining 120... Lees meer
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Victor Haghani - From Long Term Capital Management To Elm Partners - Investing Lessons
13 februari 2021 · 59 min
Send us a textIn today's podcast Patrick Boyle interviews Victor Haghani, former Long Term Capital Management Partner about Salomon Brothers in the days of Liars Poker, What it was like working at LTCM, different approaches to investing, short squeezes, arbitrage and how Victor invests today. We talk briefly about the GameStop short squeeze, Melvin Capital and why Steve Cohen and Citadel might have invested more money.Victor has spent more than 40 years in the world of finance, from the Londo... Lees meer
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Day Trading and Leverage - The Kelly Criterion
4 februari 2021 · 19 min
Send us a textThis weeks podcast discusses some of the lessons that can be taken from the world of gambling that might help a trader with sizing their trades. We discuss what returns a trader might reasonably expect from the market. We look at the Kelly criterion (also known as the Kelly system or Kelly formula), to see if it can provide any insights to investors.Patricks' Books:Statistics for Traders: https://amzn.to/3eerLA0Financial Derivatives: https://amzn.to/3kwsPSrCo... Lees meer
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Wall Street Bets & The GameStop Short Squeeze - What Is Going On?
30 januari 2021 · 28 min
Send us a textFinancial markets have been thrown into turmoil over the last week by retail investors using social media chat groups such as the Reddit forum Wall Street Bets and low-cost investment platforms to drive up shares in GameStop, a US video game retailer. In what is called a “short squeeze”, the share buyers are putting intense pressure on hedge funds such as Melvin Capital and other institutional investors, who bet that these equities would fall. GameStop is a struggling bric... Lees meer
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The Story of James Simons - Renaissance Technologies & Medallion Fund
25 januari 2021 · 24 min
Send us a textJames Simons is a mathematician and cryptographer who realized that the complex math he used to break military codes could also explain patterns in the world of finance. Jim Simons has been described as "the world's smartest billionaire", amassing a fortune through the clever use of mathematics and computers. He has stepped down as the chairman of Renaissance Technologies, the most successful quant hedge fund in history this January. Simons has not overseen the day-to-day runnin... Lees meer
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The Dot-Com Bubble - Wall Street History
16 januari 2021 · 25 min
Send us a textThe Dot-Com bubble was one of the largest speculative bubbles in U.S. stock market history. Here's a quick history lesson on what it was like twenty years ago. The Dot-Com Bubble was a major economic event that ultimately led to a three year bear market. The Dot-Com Bubble started in the 1990s with a rapid wave of new internet companies going public by IPO. Many of these dot-com stocks while unprofitable, skyrocketed in value. In this video, we explain what caused the Dot-Com Bu... Lees meer
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What Is a SPAC or Special Purpose Acquisition Company and Should You Invest?
8 januari 2021 · 37 min
Send us a textWhat is a special purpose acquisition company (SPAC)? or blank check company? Should you invest in SPACs, and how do they work? A SPAC is publicly-traded shell companies that raise collective investment funds through an initial public offering (IPO) in the form of a blind pool. The funds are placed into a trust until an acquisition is made or a predetermined period of time elapses and the fund is liquidated. SPACs are increasingly being viewed as an alternative to the IPO proces... Lees meer
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John Law - The First Financial Engineer - A History of Paper Money and The Mississippi Bubble
8 januari 2021 · 46 min
Send us a textJohn Law was a Scottish monetary reformer and originator of the “Mississippi scheme” for the development of French territories in America.After killing an adversary in a duel, he fled to Amsterdam, where he was a professional gambler and learned about banking operations. A decade later he returned to Scotland and wrote his best-known work, Money and Trade Considered, with a Proposal for Supplying the Nation with Money (available on Amazon at this link https://amzn.to/2Wkts7p). H... Lees meer
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How Demographic Changes Will Affect Your Portfolio - With Manoj Pradhan - Talking Heads Macro
7 januari 2021 · 44 min
Send us a textAn Interview with the leading expert on demographics and macroeconomics Manoj Pradhan. Manoj has just published a new book along with Charles Goodhart, former member of the Bank of England Monetary Policy Committee and an Emeritus professor at the London School of Economics. The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival is one of the most interesting economics books of 2020 and is available on Amazon at this link: http... Lees meer
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Unknown Market Wizards - Jack Schwager - The Worlds Greatest Unknown Traders
7 januari 2021 · 52 min
Send us a textJack Schwager on the worlds greatest unknown traders.An interview with Jack Schwager, the author of The Market Wizards series of books, on his new book, Unknown Market Wizards. Jack has been involved in financial markets for over 45 years, he worked as a market analyst, a trader, managed institutional portfolios of managed accounts, and has written extensively on the futures industry. He is most famous for his Market Wizards series of books, interviews with great traders i... Lees meer
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Day Traders To Billionaires - Online Trading in the 1990's
7 januari 2021 · 18 min
Send us a textTodays podcast is about the history of day trading and day traders. In order to better understand how markets work it is worth taking a look at the history of retail day trading, which goes back to the late 1980’s, when new technologies allowed a small group of smart and aggressive traders to take on Wall Street and win. Nasdaq market makers at the time called these traders the SOES bandits. We discuss the market inefficiencies that the early day traders were exploiting, w... Lees meer
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Top Ten Finance Books For Traders - Best Finance Books
7 januari 2021 · 16 min
Send us a textToday's episode is a list of my top ten books for traders, or the best finance books to read to learn about the financial industry. I decided to come up with a list of books that are not just filled with knowledge, but that are also really enjoyable reads – the kind of book that it is hard to put down. There are no university textbooks on this list, no Random Walk Down Wall Street or The Intelligent Investor. To make the list the books had to be interesting, ed... Lees meer
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Millionaire Habits That Could Change Your Life
7 januari 2021 · 8 min
Send us a textMillionaire Habits That Could Change Your Life. In today’s podcast, I will share thirteen millionaire habits, things that self-made millionaires do that poor people do not. According to Fidelity, only 12% of today's millionaires in America inherited a significant portion of their wealth. One of the most effective ways to build wealth is to study those who have done so already. While taking on these habits won't necessarily make you rich, they might be a step in the right di... Lees meer
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George Soros - Reflexivity Explained
7 januari 2021 · 16 min
Send us a textTodays Episode is about George Soros and Macro Investing. George Soros is the most famous Macro Hedge Fund Investor. His Theory of General Reflexivity in economics is the theory that a feedback loop exists in which investors' perceptions affect economic fundamentals, which in turn changes investor perception. The theory of reflexivity has its roots in sociology. Soros believes that reflexivity disproves much of mainstream economic theory and should become a major foc... Lees meer