Yeah I can only manage at 1,5 to also have time to comprehend and concentrate on the info. It's understandable at faster speeds yes, but then I notice that some things just fly past.
People would charge a college fee for far less informations. You deserve way more subscribers and I hope RUclips makes additional income so can diversify your incomes. Wish all the best from London!
You are a hero Mr. Boyle. You are amazing. I am a remote economics student who is into trading for years. I am watching your classes with maximum attention. Thank you.
As a london student, i’m really happy to finally find a UK trader who has a very good understanding of the market. Unfortunately i’m going to cass business school next year and not queen mary or kings but i still hope to meet you in person one day!
I also came here from Coffeezilla. You both are boring dream crushers, but are also doing a great service to the online community. Congratulations. Keep up the good work!
Thanks for providing so good material freely to the public ! You definitely deserve more exposure than these finance gurus or dreams sellers swarming on the net
With all due respect, I absolutely love watching your videos when doing the dishes by hand. Absolutely fascinating. Although I'm only taking a few econ courses in my bachelor's, I really wish I went into finance.
As a potential "unsophisticated" investor looking for some sophisticated knowledge about the nature of investment, I came across your classes and think they are very useful for that purpose)) Thank you!
Thank you for posting these! I am currently an accounting student but I want to learn more about finance and how to apply it to my investing so I will be watching all your videos!
Stretching my mind to find exceptions, property doesn't necessarily need be non-productive. One might turn property into an export product if you turn it into a nature preserve and cater to foreign tourists. Dang man, I'd take your class for general interest, and the chance of a pint after.
Ha! I really enjoy that this autoplayed after your more recent content. Thank you for the generally educational content following up the more informative and funny commentary on recent events.
Thank you very much for this very interesting video series. I am going to watch the other ones shortly. You have a great channel going by the way. Just found it a week or 2 ago and I am slowly watching many of your videos. Thanks again and wish you well. :)
Amazing well done on the property comment!! That property cab also grow at a rate of people’s income and peoples income grows at inflation. Merry Christmas 🎄 🎉🎉🎉
Great video Patrick. Doesn't the argument of land values being tied to inflation miss a significant factor that the historic trend is for land to become more and more productive? A plot of land with apartments can house a lot more people than a bungalow. A doctor two hundred years ago might be able to afford a large townhouse in central London while his equivalent today might have to make do with an apartment. Equally, a given area of farmland is far more productive today than two hundred years ago. Interesting subject and loving your presentations.
Happy to find you here . I shared your videos on LinkedIn , hope you are fine with that . Very good videos and very good explanation . I refresh my memory with your videos and I like the way to talk .
I know this is old. And I love Patricks videos. But did you pop on here for your students due to covid but accidentally became a RUclipsr? Would be funny and it appears so. Glad you did too.
Good content, but I disagree with the idea that there is no value add in a property. You can renovate a house and increase its market value. The change can be very significant. Same with land - you can add utilities, subdivide, etc.
Great video! One thing I don't get is how leveraged ETFs and short ETFs are available? Also, do the ETF sellers hold the stock in the same weight in say the S&P 500?
Would you possibly mind making some more updated/more/new lecture videos patrick? I learn a lot from these and would like to continue learning as my portfolio grows
I could talk to you until I'm blue in the face about commodities. I have a long history with them. You make a lot of good points about them though in particular the mention of the historical sideways and downward movement in price for most of them. I'm fairly confident that this is mostly caused by increased efficiency in production specifically in regards to agricultural commodities. Even if there is an argument to be made about there only being a finite amount of arable land on the planet which can be used to produce such things as wheat, corn, soybeans, etc. are we at the point where that land is being used to produce the highest possible quantity of such things? I think probably not and I don't feel like as a civilization we'll reach that point anytime soon either. So I'd expect continued sideways and downward trend for these things in the long term barring any unforeseeable events. Gold on the other hand is a completely different story as far as commodities go, but this comment is getting quite long so I'll save it for another time maybe. I would agree completely that commodities are not suited for the average investor. Great content by the way. I'm enjoying this course you've put together here. It's a steep up hill climb trying to find quality financial content on RUclips.
I have this one friend who collects Lego. He has insane amounts of it, rooms full, all unopened. I always though he was just kind of eccentric. But I guess he might be on to something.
great content, wondering if the home price index also accounts for rental income from properties? If rental income is included in the price of a home does property beat inflation
I've owned rentals for 30 years..there are so many pitfalls if you hold long ! Communities change , foundations crumble... Now tenants don't even have to pay their rent due to coronavirus. Mine are airbnb's now and that works very well for me... Find a mentor that has been in the business for decades and you will do well.
So Mutual Fund = Passively Managed and Hedge Fund = Actively Managed. What is the difference between a mutual fund and etf? just that etf is like a mutual fund but can be traded like a stock?
Some mutual funds are active and some are passive. ETF's are like exchange traded index funds, but can be traded throughout the day like a stock. Mutual funds are usually priced (and bought and sold) once a day at the market close.
@@PBoyle Got it, thank you Patrick. I'll be binge watching your videos soon, very informative. I'm more a retail forex trader and equities investor (moving more into etf's - individual stocks are filling up my post box with company quarterly reports - yes physical A4 books from the companies... so cutting back a little).
When someone makes an argument for long-term investments in commodities, just tell them that Brazil has been a major commodity exporter for a good part of the last 400 years and we're reaaaaaaaally far from becoming a developed economy. That's simply because commodities have no added value and their scarcity much more manageable than that of product with a high aggregated value. If there's no oil, we use wind or coal or whatever, but if there are no iPhone manufacturers, there are no iPhones.
Regarding the more manageable scarcity of commodities: if corn is on high demand, more farmers tend to plant it and push the value back down or replace it with another cereal or plant, or whatever. When oil goes up, despite the OPEC+ best efforts, we can simply maneuver and develop alternative energy sources until price has normalized. It just doesn't make sense as an investment class. I'd love to hear your thoughts on currencies though, which I think are mostly useful as a trading instrument rather than a long(ish) term investment as competitive economies tende to balance eachother in the long run.
Just noting, the idea of suggesting that everyone should invest mostly in indexes is a great example of reflexivity (and Goodhart's Law). The index is the metric, but if we use it as a target (for returns, in this case), it ceases to be a good metric AND, as you said, leaves no room for people who are actually valuating the companies. That, in turn, changes the underlying price (the stocks that make up the index) and affects the index, creating a feedback loop.
Looking at the videos on this series, it looks like Patrick sat down for 11 hours and just knocked these videos out. Did Aderol have anything to do with that? I don't see how you would do it otherwise.
Gold is not so bad, you made it sound worse than it is. A gold coin would buy you a nice suit back then and a nice suit now. But then i look at my stack of 1922/1924 USA double eagle coins, these all say 20 US Dollars on them. 20 dollars back then would have bought you a really nice suit back then, and 1720 USD today would buy you a really nice suit now. Still these went from 20, minted on them, to 1720 today. As you use dollar values for the other examples, still not too bad. Or did you adjust everything for inflation?
The real estate return on the slides at 36:00 are excluding rent, right? That seems like a major omission. In the US at least that market average rental yield is pretty steady around 5%, net of expenses.
Finance student here, appreciate the in depth analysis really looking forward to watching all of these!
Thanks!
I love how clearly he speaks. I'm able to comprehend it on 3.0 speed.
You are very lucky one, bcoz I usually put it at 0.75 🤔
Yeah I can only manage at 1,5 to also have time to comprehend and concentrate on the info. It's understandable at faster speeds yes, but then I notice that some things just fly past.
L
Like a quantum cumputer
When I finish the classes, I will put this on my resume. 😆
Excellent content. Such academic unbiased view rare gems on RUclips
People would charge a college fee for far less informations.
You deserve way more subscribers and I hope RUclips makes additional income so can diversify your incomes.
Wish all the best from London!
You are a hero Mr. Boyle. You are amazing. I am a remote economics student who is into trading for years. I am watching your classes with maximum attention. Thank you.
As a london student, i’m really happy to finally find a UK trader who has a very good understanding of the market. Unfortunately i’m going to cass business school next year and not queen mary or kings but i still hope to meet you in person one day!
This was vastly more informative than anything I tried to read online. Thanks.
I also came here from Coffeezilla. You both are boring dream crushers, but are also doing a great service to the online community. Congratulations. Keep up the good work!
Mr. Boyle, I need to tell you this, I sincerely feel bad for those who still haven't discovered your channel. Kudos Sir! Good health to you!
Many people wouldn’t take the time to listen to such a long video..but this series is a goldmine for personal financial management
Thanks for providing so good material freely to the public ! You definitely deserve more exposure than these finance gurus or dreams sellers swarming on the net
Here from cofeezilla ill be watching this!! :D
Patrick, the passion with which you talk about this stuff is very inspirational!
If Patrick's videos were a type of commodity I would definitely invest my whole retirement plan.
This Playlist Series is super underrated. There is so much free knowledge here it is unreal.
With all due respect, I absolutely love watching your videos when doing the dishes by hand. Absolutely fascinating. Although I'm only taking a few econ courses in my bachelor's, I really wish I went into finance.
Thank you so much Patrick, lost a packet on property but made in stocks. Lesson learnt.
As a potential "unsophisticated" investor looking for some sophisticated knowledge about the nature of investment, I came across your classes and think they are very useful for that purpose)) Thank you!
Thank you for posting these! I am currently an accounting student but I want to learn more about finance and how to apply it to my investing so I will be watching all your videos!
Glad it was helpful!
So much great information within this channel! Glad I came across it. Thank you so much for the lessons Patrick :)
Class Two has a lot of great content, thank you.
old testament patrick boyle
This is just the type of content I was searching for.
Stretching my mind to find exceptions, property doesn't necessarily need be non-productive. One might turn property into an export product if you turn it into a nature preserve and cater to foreign tourists. Dang man, I'd take your class for general interest, and the chance of a pint after.
knowledge is gold and this video is so knowledgeable
Informative Content, learning a lot about finance from your channel rather than those trying to make me millionaire overnight.
Ha! I really enjoy that this autoplayed after your more recent content. Thank you for the generally educational content following up the more informative and funny commentary on recent events.
Another great video. Patrick, I wish I had found you long, long ago!!!
I love this channel. Only started investing in the last two years but always looking to learn more
What an interesting thought on property value in a long term :)
Thank you very much for this very interesting video series. I am going to watch the other ones shortly. You have a great channel going by the way. Just found it a week or 2 ago and I am slowly watching many of your videos. Thanks again and wish you well. :)
This is a gem. Thank you sir!
I really enjoyed the video, thanks for the great content!
Glad you enjoyed it!
Awesome content. I've been binjing your channel for about a week now.
Amazing content, much better than a lot of cost base courses, kudos!
Amazing well done on the property comment!! That property cab also grow at a rate of people’s income and peoples income grows at inflation. Merry Christmas 🎄 🎉🎉🎉
Thank you very much 😑🙏🏼
Wow. I knew nothing! I love it!
So interresting thank you so much MC
Very valuable. Thank you
Great summary!
Great video Patrick. Doesn't the argument of land values being tied to inflation miss a significant factor that the historic trend is for land to become more and more productive? A plot of land with apartments can house a lot more people than a bungalow. A doctor two hundred years ago might be able to afford a large townhouse in central London while his equivalent today might have to make do with an apartment. Equally, a given area of farmland is far more productive today than two hundred years ago. Interesting subject and loving your presentations.
Thanks Patrick
This was my second video. I'm hoping to finish this series. Are you also available for mentoring?
Great content, thank you!
Thanks for doing these! 🤓
Thank you so much
Happy to find you here . I shared your videos on LinkedIn , hope you are fine with that .
Very good videos and very good explanation .
I refresh my memory with your videos and I like the way to talk .
Thanks
Thanks! glad you found it helpful.
I know this is old. And I love Patricks videos. But did you pop on here for your students due to covid but accidentally became a RUclipsr? Would be funny and it appears so. Glad you did too.
Good content, but I disagree with the idea that there is no value add in a property. You can renovate a house and increase its market value. The change can be very significant. Same with land - you can add utilities, subdivide, etc.
Best mentor
Thank you Patrick
Great video sir
Great video! One thing I don't get is how leveraged ETFs and short ETFs are available? Also, do the ETF sellers hold the stock in the same weight in say the S&P 500?
Thanks 4 a Great Video!
High quality information.
You are fantastic!
Would you possibly mind making some more updated/more/new lecture videos patrick? I learn a lot from these and would like to continue learning as my portfolio grows
Such information.🇮🇪
Hi, Patrick
Do you have lecture slides "Applied PM" where you taught in you class?
Great video patrick!
Glad you enjoyed it
In a VUCA world, how do we pick the right asset class, is there a systematic analysis to guide such decision.
Can you make another video, this about headge finds market average corelation and co skuness? Maybe 5 factor adjusted?..
Enjoy your channel.
Thank you!
Amazing contents
I could talk to you until I'm blue in the face about commodities. I have a long history with them. You make a lot of good points about them though in particular the mention of the historical sideways and downward movement in price for most of them. I'm fairly confident that this is mostly caused by increased efficiency in production specifically in regards to agricultural commodities. Even if there is an argument to be made about there only being a finite amount of arable land on the planet which can be used to produce such things as wheat, corn, soybeans, etc. are we at the point where that land is being used to produce the highest possible quantity of such things?
I think probably not and I don't feel like as a civilization we'll reach that point anytime soon either. So I'd expect continued sideways and downward trend for these things in the long term barring any unforeseeable events. Gold on the other hand is a completely different story as far as commodities go, but this comment is getting quite long so I'll save it for another time maybe. I would agree completely that commodities are not suited for the average investor.
Great content by the way. I'm enjoying this course you've put together here. It's a steep up hill climb trying to find quality financial content on RUclips.
Will you post the presentation notes? Thanks
I have this one friend who collects Lego. He has insane amounts of it, rooms full, all unopened. I always though he was just kind of eccentric. But I guess he might be on to something.
great content, wondering if the home price index also accounts for rental income from properties? If rental income is included in the price of a home does property beat inflation
I've owned rentals for 30 years..there are so many pitfalls if you hold long ! Communities change , foundations crumble... Now tenants don't even have to pay their rent due to coronavirus. Mine are airbnb's now and that works very well for me... Find a mentor that has been in the business for decades and you will do well.
So Mutual Fund = Passively Managed and Hedge Fund = Actively Managed. What is the difference between a mutual fund and etf? just that etf is like a mutual fund but can be traded like a stock?
Some mutual funds are active and some are passive. ETF's are like exchange traded index funds, but can be traded throughout the day like a stock. Mutual funds are usually priced (and bought and sold) once a day at the market close.
@@PBoyle Got it, thank you Patrick. I'll be binge watching your videos soon, very informative. I'm more a retail forex trader and equities investor (moving more into etf's - individual stocks are filling up my post box with company quarterly reports - yes physical A4 books from the companies... so cutting back a little).
The view drop off is hilarious
Hello, could anyone help with the slides, please? Are they not for free?
Shanfelt..andys brother..
Yeah you might call a Carpenter for repairs... well I'm actually a professional Carpenter.
If Sean Atwood stayed a stockbroker.
When someone makes an argument for long-term investments in commodities, just tell them that Brazil has been a major commodity exporter for a good part of the last 400 years and we're reaaaaaaaally far from becoming a developed economy. That's simply because commodities have no added value and their scarcity much more manageable than that of product with a high aggregated value. If there's no oil, we use wind or coal or whatever, but if there are no iPhone manufacturers, there are no iPhones.
Regarding the more manageable scarcity of commodities: if corn is on high demand, more farmers tend to plant it and push the value back down or replace it with another cereal or plant, or whatever. When oil goes up, despite the OPEC+ best efforts, we can simply maneuver and develop alternative energy sources until price has normalized. It just doesn't make sense as an investment class. I'd love to hear your thoughts on currencies though, which I think are mostly useful as a trading instrument rather than a long(ish) term investment as competitive economies tende to balance eachother in the long run.
I'm writing this as I watch and just saw that you answered my question right after I wrote the previous comment ahahaha
Just noting, the idea of suggesting that everyone should invest mostly in indexes is a great example of reflexivity (and Goodhart's Law). The index is the metric, but if we use it as a target (for returns, in this case), it ceases to be a good metric AND, as you said, leaves no room for people who are actually valuating the companies. That, in turn, changes the underlying price (the stocks that make up the index) and affects the index, creating a feedback loop.
Looking at the videos on this series, it looks like Patrick sat down for 11 hours and just knocked these videos out. Did Aderol have anything to do with that? I don't see how you would do it otherwise.
28:00
Gold is not so bad, you made it sound worse than it is. A gold coin would buy you a nice suit back then and a nice suit now. But then i look at my stack of 1922/1924 USA double eagle coins, these all say 20 US Dollars on them. 20 dollars back then would have bought you a really nice suit back then, and 1720 USD today would buy you a really nice suit now. Still these went from 20, minted on them, to 1720 today. As you use dollar values for the other examples, still not too bad. Or did you adjust everything for inflation?
there had to be an orange juice reference at some point
The real estate return on the slides at 36:00 are excluding rent, right? That seems like a major omission. In the US at least that market average rental yield is pretty steady around 5%, net of expenses.
i think u mainly talking about how a Long-short pm manage money, right? this is not how everyone does it
lol, there are orange juice futures?
I believe trading is not for everyone
Cuss you don't no what trade is about
Your most valuable content gets the least exposure lol
5:37 unfortunate.
Why?
Someone could break into your house and take your Picasso.
Insurance.
Im going to reallocate my portfolio to put 10% into porkbelly futures....said nobody ever.
40:00 gold has beat Buffett since 2000 , just saying.
Gold has no inherent real return
Chrisshupe are you ..notyourname..
marry me Patrick
Great content thank you