Investing Feed

Stock market, crypto, and investment strategies

Don't miss new videos — get them as they're added

2 videos added this week3.7k subscribers362 topics

Scott Bessent Is at War With Prices — and Prices Are Winning!

Go to http://ground.news/pb for a better way to stay informed. Subscribe for 40% off unlimited access to worldwide coverage through my link. Treasury Secretary Scott Bessent is trying to force down US Treasury yields with surprise bond buybacks — and it isn't working. In this video we break down Bessent's activist debt management strategy, why doubling the Treasury's long-dated buybacks is a bet on falling interest rates funded by short-term bills, and why his old boss Stanley Druckenmiller publicly tore the plan apart in a Wall Street Journal op-ed ("Let the Bond Market Speak"). We look at the collision with new Federal Reserve Chair Kevin Warsh after Jackson Hole, the 50% tariffs on Canada and the Mark Carney feud, "Operation Economic Outcast" and the secondary-sanctions problem with China and Iranian oil, the GENIUS Act and crypto's role in sanctions evasion, and Stephen Miran's case for the defense. The through-line: you can't trade around arithmetic. When a government goes to war with market prices, the bond market has an infinite balance sheet — and prices tend to win. 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/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social Business Inquiries ➡️ [email protected] 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/62862nve Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join

Scott Bessent's Debt Management Strategy US Treasury Yields

Today·youtube.com

+44

Canada-US Trade Deal Falls Apart

Video on 50% US Tariffs (Section 338): https://youtu.be/YgbbI_nRF2A?si=KZF_BgWgPgR5kVli Following weeks of negotiations, trade talks abruptly fell apart between Canada and the US last week. Today's video breaks down what happened, and what it means for the two countries. DISCLAIMER: This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer). Richard makes no warranties regarding the accuracy of data included in this video.

US Tariffs (Section 338)Canada-US Trade Relations

Yesterday·youtube.com

+42

How Much Would an AI Crash Destroy?

If you’re looking to upgrade your business wardrobe, I can recommend giving Tailor Store a try. Their shirts are made to your measurements, so you can create something that fits both your body and your personal style. My viewers receive 25% off their first order through my link: https://www.tailorstore.com/patrickboyle Two chip stocks recently drove seventeen percent of the entire global stock market's return in a single month — which tells you just how concentrated the AI trade has become, and how exposed the average investor now is without realising it. In this video we look at how much wealth an AI crash could actually destroy, with estimates from Dean Baker, former IMF chief economist Gita Gopinath, and Oliver Wyman running into the tens of trillions of dollars. We cover why the usual places to hide — small caps, value funds, international stocks — are now packed with AI stocks, what the Bank for International Settlements found when it compared today's buildout to the great railway and dot-com bubbles, and why a technology being real has never been enough to protect the people who overpaid for it. This isn't a crash prediction. It's a look at the downside risk, the illusion of diversification, and why boring, unexciting investing tends to win in the end. 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/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social Business Inquiries ➡️ [email protected] 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/62862nve Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join

Advanced Micro Devices, Inc. (AMD)NVIDIA Corporation 2023 Stock Market Trends

1 week ago·youtube.com

+40

The Hidden Risk in the US-Japan Yen Rescue

Level up your note-taking with Plaud NotePro at https://bit.ly/4c9s3bC and use code PBOYLE for 15% off Amazon: https://amzn.to/4xFP79Q In July 2026, the US Treasury did something it hadn't done since 1998: it intervened in the currency markets to prop up the Japanese yen — and Treasury Secretary Scott Bessent, a former Soros hedge fund manager, ran the trade in the strangest way possible, selling euros instead of dollars without telling the ECB. But this was never really about Japan. It was about protecting American borrowing costs at a moment when the US is paying more to borrow than it has in decades — with 30-year Treasury yields hitting their highest since 2001. This video breaks down the US-Japan yen intervention, the carry trade, the FIMA facility, and Bessent's huge bet on falling interest rates, and asks the real question underneath it all: is the Treasury Secretary a visionary macro trader, or a cornered man making an enormous gamble with the balance sheet of the United States? A look at currency intervention, the eroding "exorbitant privilege" of the dollar, and why America's cheap borrowing may be coming to an end. 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/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social Business Inquiries ➡️ [email protected] 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/62862nve Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join

US-Japan Currency Intervention 2026

2 weeks ago·youtube.com

+42

Lacking In Situational Awareness

Taking care of your health just got easier, thanks to my sponsor Zocdoc! Start here at: https://zocdoc.com/patrickboyle Last week, 24-year-old Leopold Aschenbrenner — former FTX staffer, ex-OpenAI researcher, and author of the viral 165-page essay "Situational Awareness" — managed to lose roughly two-thirds of his $45 billion hedge fund in a matter of weeks. The margin calls arrived during his wedding weekend. In this video I break down how a trader with no professional experience raised billions from Silicon Valley, why his AI "hedge" wasn't a hedge at all, and how leverage plus a concentrated bet on artificial intelligence stocks turned a great-looking expected return into a catastrophic outcome. Along the way we look at the cultural gap between Silicon Valley and Wall Street, why Ken Griffin's Citadel ended up buying the collapsing portfolio in an overnight fire sale, and the maths of volatility drag — the reason a high expected return can still drag an investor's typical outcome straight into the ground. It's a story about leverage, risk management, expected versus median returns, and what happens when you go "full Kelly." Featuring reporting from the Wall Street Journal, The New York Times, Bloomberg, and the Financial Times, plus Victor Haghani's lessons from The Missing Billionaires. Victor Haghani - The Missing Billionaires book: https://amzn.to/4fQUEEB Elm Wealth Website: https://elmwealth.com/ 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/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social Business Inquiries ➡️ [email protected] 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/62862nve Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join

FTX Collapse Situational Awareness in Trading

2 weeks ago·youtube.com

+35

Canada's Condo Conundrum

00:00 - Introduction 02:57 - Context 04:12 - Regional Issues 05:54 - Factor: Population Decline 08:25 - Factor: Interest Rates 10:19 - Factor: Economic Slowdown 11:00 - The Condo Factor 13:06 - Condo Investors 15:16 - The Condo Fallout 17:43 - Government Intervention 18:42 - The Supply Problem 22:13 - Conclusion Canada's condo market has experienced a record-breaking downturn. Today, we dive into what's driving the sell off, and what it means for the market. DISCLAIMER: This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer). Richard makes no warranties regarding the accuracy of data included in this video.

Canada's Condo Market Interest Rates Impact on Real Estate Government Intervention in Housing

3 weeks ago·youtube.com

+36

Big Tech's Hidden Debt Problem

Start your own store with #printify: https://try.printify.com/72vgyfrvedkq The first 100 people who use the code PATRICK will get 15% off their first order! Nikkei Asia recently reported that the five biggest US tech companies are carrying an estimated $1.65 trillion in "hidden," off-balance-sheet debt — and a lot of commentators have reached for the word "Enron" to describe the issue. In this video I look at whether that comparison holds up. It doesn't: unlike Enron, this debt isn't concealed through fraud — it's disclosed in the footnotes, it breaks no accounting rules, and much of what is going on is perfectly ordinary. But that raises a more interesting question than "will they get caught." If the aggressive stuff — the adjusted earnings, the leases, the stock-based compensation added back — is all sitting there in plain sight, does dressing up the numbers actually fool anyone? Drawing on the work of Aswath Damodaran, Richard Sloan, Robert Bloomfield and others, I dig into what the research says about whether markets reward clean accounting or aggressive accounting, why the debt isn't hidden so much as filed somewhere too tedious for most people to read — and why the real risk in the AI boom probably isn't the borrowing at all, but the enormous revenue it's all assuming will show up. 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/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social Business Inquiries ➡️ [email protected] 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/62862nve Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join

US Tech Companies Debt

3 weeks ago·youtube.com

+32

The Biggest Myths in Personal Finance

Some of the most repeated advice in personal finance is wrong. Saving as much as you can when you're young to benefit from compounding sounds obvious, but it ignores what economists call the life-cycle model. Following it can mean sacrificing the years when your money buys the most. In this video, I work through this myth and nine others to help you make better financial decisions and avoid costly mistakes. *Timestamps* 00:00 - Intro 00:32 - Myth #1: Saving As Much As You Can Early 03:30 - Myth #2: The Economy = The Stock Market 05:04 - Myth #3: Dividends Explain 40% of Stock Market Growth 06:29 - Myth #4: Index Funds Only Give You Average Returns 08:22 - Myth #5: The Shiller CAPE Ratio is an Omen 11:14 - Myth #6: If Warren Buffett Can Beat The Market, So Can You! 12:36 - Myth #7: Bonds and Cash Are Safe Investments 14:41 - Myth #8: Gold is an Inflation Hedge 17:13 - Myth #9: Renting is Throwing Away Money 18:08 - Myth #10: Debt is Always a Bad Thing to Have Most people save without knowing their real "why." Free exercise for Canadians to find it. https://research-tools.pwlcapital.com/research/goals?utm_source=research&utm_medium=planningtools&utm_campaign=ben_yt ------------------ *References* https://zbib.org/0c839e157db54d61a1846d1328b277be *Avoid Online Scams* https://pwlcapital.com/stay-safe-online/ *Check out the Rational Reminder Podcast* YouTube channel @rationalreminder Podcast website https://rationalreminder.ca/ Rational Reminder community (forum) https://community.rationalreminder.ca/ Apple Podcasts https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582?mt=2 Spotify https://open.spotify.com/show/6RHWTH9iW7hdnA7eAg7ukO?si=hjZNfLKuSjSeWX38GPqhVA

life-cycle model in economics

1 month ago·youtube.com

+31

Liberation Day 2.0 Tariffs

00:00 - Introduction 01:15 - Context 03:23 - Section 338 Tariffs 04:15 - Canada's Trade Discriminations 08:25 - Scope of 50% Tariff 10:15 - Counterarguments 14:45 - Section 301 Tariffs Trump has announced two new sets of tariffs - 50% Section 338 tariffs, and 10%-12.5% Section 301 tariffs. Today, we explain the implications. DISCLAIMER: This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer). Richard makes no warranties regarding the accuracy of data included in this video.

Section 301 Tariffs Section 338 Tariffs Canada's Trade Discriminations

1 month ago·youtube.com

+40

CIBC’s Avantis ETFs vs. Index Funds

------------------ *Meet with PWL Capital* https://pages.pwlcapital.com/en-ca/contact-us?utm_source=content&utm_medium=youtube&utm_campaign=benfelix_yt *Timestamps* 00:00 - Introduction 00:32 - Active Management & Index Funds 04:44 - Attempts to Improve on Index Funds 09:00 - CACE 11:25 - CALV 11:53 - CAUS 12:20 - CAUV 13:00 - CADE 13:30 - CASV 14:08 - CAEM 14:46 - CAGE 15:23 - For the nerds 17:39 - How (& why) Avantis applies theory 20:19 - Outro *References* https://zbib.org/178a8b91b0b54cae9ed0a827c0b062b5 *Avoid Online Scams* https://pwlcapital.com/stay-safe-online/ *Check out the Rational Reminder Podcast* YouTube channel @rationalreminder Podcast website https://rationalreminder.ca/ Rational Reminder community (forum) https://community.rationalreminder.ca/ Apple Podcasts https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582?mt=2 Spotify https://open.spotify.com/show/6RHWTH9iW7hdnA7eAg7ukO?si=hjZNfLKuSjSeWX38GPqhVA

CIBC Avantis ETFs Index Funds

4 months ago·youtube.com

+32

Why Can't the Stock Market See This Coming?

They can't harm you, if they can't find you! Use code BOYLE at the link below and get 60% off an annual plan: https://incogni.com/boyle The stock market just hit a record high. Meanwhile, captains in the Persian Gulf are turning off their transponders and sneaking through the Strait of Hormuz in the dead of night. Only five ships made it through yesterday. The seaborne oil buffer that insulated the global economy in the early weeks of the conflict is now completely exhausted, and the knock-on effects - from jet fuel shortages in Europe to a fertilizer crisis threatening this year's harvest - are only just beginning to show up in the data. In this video, we look at why the physical commodity markets are telling a very different story to the stock market, and what happens when the world's most critical trade route is caught between two competing blockades. 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/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social Business Inquiries ➡️ [email protected] 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/62862nve Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join

Global Oil Market Strait of Hormuz

4 months ago·youtube.com

+49

We've Created A Monster

2:36 - Prediction Market Background 9:38 - Prediction Market problems 17:02 - The Promotions 21:50 - The Gamblification of Everything 24:23 - Closing thoughts Let's talk about prediction markets... DISCLAIMER: This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer). Richard makes no warranties regarding the accuracy of data included in this video.

Prediction Markets

4 months ago·youtube.com

+39

The Bizarre World of Prediction Markets

Level up your note-taking with Plaud NotePro at https://bit.ly/4c9s3bC and use code “PBOYLE” for 10% OFF! Amazon: https://bit.ly/483LfoU #PLAUD #NoteTaker Prediction markets like Kalshi and Polymarket have been described as "truth machines" that produce more accurate forecasts than traditional polling. In this video we look at how they actually work, why the federal government is fighting individual states over who gets to regulate a bet on a football game, how a soldier allegedly used classified military intelligence to win money on a crypto betting site, and why quantitative trading firms are now paying traders $200,000 a year to build algorithms that systematically take money from retail bettors. We also look at the political connections behind these platforms, the academic research on the social cost of making it very easy to gamble from your phone, and why — after all of this — you still can't trade futures on onions. 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/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social Business Inquiries ➡️ [email protected] 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/62862nve Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join

Kalshi Polymarket

4 months ago·youtube.com

+38

Mark Zuckerberg Spent $88 Billion on a World With No Legs

🚀 Streamline your entire business with Odoo — the all-in-one, easy-to-use ERP platform that centralizes, automates, and scales your operations from sales and accounting to inventory and eCommerce 📈⚙️. Try Odoo for 15 days (no credit card required) 👉🏻 https://www.odoo.com/r/t7p In October 2021, Mark Zuckerberg stood in front of the world and announced that the future of human interaction would be something called the metaverse. He was so confident about this that he renamed his three-billion-user company after it. Over the following four years, Meta spent $88 billion building a virtual world that almost nobody visited, featuring avatars that — for reasons that were never fully explained — did not have legs. Wall Street predicted five billion users. Consultants declared it too big to ignore. A man paid $450,000 to become Snoop Dogg's virtual neighbour. The metaverse peaked at around 900 daily users. This is the story of what went wrong, and what it cost. 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/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social Business Inquiries ➡️ [email protected] 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/62862nve Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join

Mark Zuckerberg's Metaverse Announcement

4 months ago·youtube.com

+38

Canada is a Warning to the Rest of the World!

Genspark has launched All-in-one AI Workspace 3.0. 🔥 Genspark AI Workspace 3.0 is HERE! Powered by Genspark Claw — your smart AI agent that automates any daily task in one chat. Build workflows, run cloud tasks, scrape data, generate reports, and collaborate — all in one place, no code needed. 🎁 NEW USER BONUS Get started with @GensparkProduct — free credits when you sign up: https://www.genspark.ai/?utm_source=yt&utm_campaign=PBoyle02 Work smarter, not harder. 👉 Start free today! #Genspark #WorkwithGenspark Canada has every advantage a country could ask for — vast natural resources, a stable democracy, world-class universities, and a highly educated population. So why has its GDP per capita fallen from 80% of the American level to around 70% in little more than a decade? In this video, we look at how a protected economy, a housing market that rewarded sitting still over building things, and a productivity gap that has been quietly compounding for thirty years have combined to create what the Bank of Canada called a "productivity emergency" — and what it might mean for the rest of the developed world. 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/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social Business Inquiries ➡️ [email protected] 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/62862nve Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join

4 months ago·youtube.com

SpaceX and OpenAI: The Mega IPO Grift

Some massive companies are set to go public very soon. Private companies like SpaceX, OpenAI, and Anthropic would rank among the largest public companies if they went public, and index funds would be forced to buy their stock. That means if you are an index fund investor, you may soon be investing in these companies whether you like it or not. The problem is that most IPOs are terrible investments, and these ones in particular raise some questions. ------------------ Timestamps: 00:00 - Intro 00:37 - Index Fund Mechanics & IPO Inclusion 02:22 - Fast-Track and Low-Float 06:15 - SpaceX & OpenAI: A Closer Look 08:10 - IPOs are TERRIBLE investments (historically) 12:54 - Implications for Index Fund Investors 14:43 - Should investors seek private market access? 17:29 - What this means for you ------------------ *Meet with PWL Capital* https://pages.pwlcapital.com/en-ca/contact-us?utm_source=content&utm_medium=youtube&utm_campaign=benfelix_yt *References* https://zbib.org/4e6f51538a4a45bd8bc4f11ecf6ded75 *Avoid Online Scams* https://pwlcapital.com/stay-safe-online/ *Check out the Rational Reminder Podcast* YouTube channel @rationalreminder Podcast website https://rationalreminder.ca/ Rational Reminder community (forum) https://community.rationalreminder.ca/ Apple Podcasts https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582?mt=2 Spotify https://open.spotify.com/show/6RHWTH9iW7hdnA7eAg7ukO?si=hjZNfLKuSjSeWX38GPqhVA

OpenAI IPO SpaceX IPO

4 months ago·youtube.com

+36

Exciting Announcement

Some exciting news for the channel!

5 months ago·youtube.com

The War Is Going Great (According to the S&P 500)

Take your personal data back with Incogni! Use code BOYLE at the link below and get 60% off an annual plan: https://incogni.com/boyle Equity markets have spent the past month treating the war in Iran like a minor inconvenience — a 'buy the dip' opportunity rather than a structural crisis. But while stock traders debate whether the President will 'TACO out' of the conflict, the real story is unfolding in the commodities that never make the headlines: LNG, helium, fertilizer, and aluminium. With the Strait of Hormuz effectively closed, Qatar's liquefaction plants in ruins, and Oxford Economics estimating the waterway will remain largely impassable until May, no Truth Social post is going to fix this. In this video, we look at why the physical damage to the region's infrastructure means the economic fallout will be felt long after the shooting stops — and why the winners and losers of this crisis are not who you'd expect. 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/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social Business Inquiries ➡️ [email protected] 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/62862nve Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join

Iran Conflict LNG Market Fertilizer Prices

5 months ago·youtube.com

+45

The Finance Paper That Changed Everything

A 1993 paper in the Journal of Financial Economics with nearly 15,000 citations today changed financial economics and portfolio management forever. Eugene Fama and Kenneth French found that a group of three factors explained the vast majority of differences in returns across diversified portfolios. These findings had, and continue to have, sweeping implications for both the study and practice of investment management. ------------------ *Meet with PWL Capital* https://pages.pwlcapital.com/en-ca/contact-us?utm_source=content&utm_medium=youtube&utm_campaign=benfelix_yt *Timestamps* 0:00 - Intro 0:56 - What We'll Cover 1:14 - Risk, Return, and Asset Pricing 2:55 - CAPM 5:56 - Methodology (pt. 1) 8:21 - Methodology (pt. 2) 11:07 - Results 13:37 - Implications 15:04 - Future Research 16:41 - Real Applications 18:18 - What This Means for You *References* https://zbib.org/669127c48e994c818f42b4354a84ed21 *Avoid Online Scams* https://pwlcapital.com/stay-safe-online/ *Check out the Rational Reminder Podcast* YouTube channel @rationalreminder Podcast website https://rationalreminder.ca/ Rational Reminder community (forum) https://community.rationalreminder.ca/ Apple Podcasts https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582?mt=2 Spotify https://open.spotify.com/show/6RHWTH9iW7hdnA7eAg7ukO?si=hjZNfLKuSjSeWX38GPqhVA

Fama-French Three-Factor Model 1993 Journal of Financial Economics Paper

5 months ago·youtube.com

The $3.5 Trillion Crisis No One Is Talking About

If you’re ready to level up your AI leadership skills, head to https://masterclass.yt.link/5o4X21q to get 15% off the Lead with AI Certificate from MasterClass and Microsoft. While the world is distracted by global conflict, a panic is building in the private credit market. In this video, we go inside the opaque world of Private Credit - examine the "Golden Age" of lending that is rapidly turning into a slow-motion crisis. From the "volatility laundering" tricks used by managers to hide billion-dollar losses to the "Exit Trap" currently catching retail investors in BDCs, we explore how the search for yield led Wall Street directly to your 401(k). We look at why insiders like Boaz Weinstein are calling this a scandal, and what happens to the 48 million Americans whose jobs depend on the fragile financial plumbing when the credit finally contracts. Is this a repeat of 2008, or something much quieter but much harder to escape? 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/3fn3rvC Ways To Support The Channel Patreon: https://www.patreon.com/PatrickBoyleOnFinance Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle Visit our website: https://www.onfinance.org Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social Business Inquiries ➡️ [email protected] 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/62862nve Join this channel to support making this content: https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join

Private Credit Market Crisis

5 months ago·youtube.com

Actions

Add Video