Applied Portfolio Management - Class 1 - Risk & Return

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  • Опубліковано 2 лис 2024

КОМЕНТАРІ • 379

  • @riccardomichelotto3723
    @riccardomichelotto3723 3 роки тому +444

    I think it's funny ( in the most genuine and absolutely not disrespectful way) seeing people in the comments writing comments like "Great content buddy". Mr Boyle teaches finance in a great university "beside" managing a hedge fund. This is the best espression of a "free" content platform.

    • @lukasp.8298
      @lukasp.8298 3 роки тому +32

      What a time to be alive honestly.

    • @lukasp.8298
      @lukasp.8298 3 роки тому +51

      @Quentin Styger and almost every finance channel is managed by a donut trying to sell you his get rich quick course for 100$ a month while Mr. Boyle could just teach at university but decided to share parts of his knowledge on a free platform that's a big difference.

    • @PMLectures888
      @PMLectures888 2 роки тому +5

      If your looking for good content look up Martin shkreli lectures. Personally my favorite

    • @mousquetaire86
      @mousquetaire86 2 роки тому +10

      @@PMLectures888 Aswath Damodaran is very good too.

    • @javierloa9197
      @javierloa9197 2 роки тому +2

      real knows real.

  • @canceledlogic7656
    @canceledlogic7656 2 роки тому +86

    Introducing Himself 00:00
    Book Recommendations 3:00
    Risk v.s. Reward, the example of Dentistry v.s Pursuing Stardom 15:30
    Defining Terms, Mathematizing the Concept 29:30
    The Sharpe Ratio, How good are returns relative to its risk? 39:10
    Why the Sharpe Ratio can go wrong 40:50
    Semivariance, variance that only punishes underperformance 44:00
    Beta, How much of our risk is Market Risk 45:20
    Portfolio Hedging, why we care about Beta 50:45
    Out of Sample Relevance of Beta? A hint of trouble to come 55:00
    The point of Beta, Diversification, etc... Individual Variations-> Portfolio Volatility 56:45
    Diversification, including against Life Risks 1:05:30
    Interpreting the S&P 500 in this context 1:08:20
    Markowtiz Efficient Frontier 1:12:25

    • @Bx99875
      @Bx99875 2 роки тому +3

      Thank you!!!

  • @blackcountrysmoggie
    @blackcountrysmoggie Рік тому +24

    You know what's nice? You can see the joy in Patrick's face when he's presenting this. He seems to really enjoy teaching. His other videos show off his sense of humour, but this one shows real passion for the subject.

  • @gamingandgunpla
    @gamingandgunpla 2 роки тому +52

    This channel is criminally underrated for anyone who is actually serious about investing.

    • @Practicalinvestments
      @Practicalinvestments Рік тому +5

      Not anymore, he’s got pretty good views nowadays

    • @bielefeldd
      @bielefeldd Рік тому

      ​@@Practicalinvestments Id like to buy a 1M subscribers Call option on $BOYLE

  • @majifred8778
    @majifred8778 3 роки тому +15

    So freaking refreshing to be watching YT without the waffle, the minute long intro with crazy music and graphics. Quality Content filled. Kudos to PB...

  • @kblaze45
    @kblaze45 4 роки тому +266

    lmao coffeezilla invasion here we go. This is some good stuff by the way.

    • @liam-n8098
      @liam-n8098 4 роки тому +2

      Do you even trade

    • @prodoman3945
      @prodoman3945 3 роки тому +7

      @@liam-n8098 do you even trade bro

    • @Longtack55
      @Longtack55 3 роки тому +2

      Coffeezilla told me to go Long on Patrick. How many shorts does he hold?

    • @jizburg
      @jizburg 3 роки тому

      @@liam-n8098 do you even lift?

    • @jMichaelEdwards
      @jMichaelEdwards 3 роки тому

      Yup!

  • @Viper4ever05
    @Viper4ever05 4 роки тому +23

    You just covered an entire semester of finance in one hour. Thanks for the refresher course

  • @julioalvarez8045
    @julioalvarez8045 4 роки тому +10

    Finally someone who actually try to teach you 🙏🙏🙏

  • @kite7714
    @kite7714 4 роки тому +28

    I'm Glad that I've watched you at coffeezilla, Knowledge like this is hard to find in youtube.
    keep it up!

  • @acechen7036
    @acechen7036 4 роки тому +24

    Came here because of your interview with coffeezilla keep up the good work

  • @Rushmanism
    @Rushmanism 4 роки тому +52

    About to start my Masters in Finance & Investment (about 15 years late but hey ho) loving these videos- thanks Patrick.

    • @jameshusentoff2953
      @jameshusentoff2953 3 роки тому

      Why not just study for the CFA exams?

    • @1997alimaster
      @1997alimaster 3 роки тому +3

      @@jameshusentoff2953 Why would you personally prefer CFA over a Master’s in Finance if I may ask?

  • @erictao1244
    @erictao1244 4 роки тому +28

    Risk: time (1 hour interview with coffeezilla)
    Reward: channel growth (exposure)
    Great content👍👍👍

  • @coldlama8370
    @coldlama8370 3 роки тому +3

    Young lad straight out of high school looking at this. Thanks for the knowledge, will use for many years to come!

  • @Jholladay10
    @Jholladay10 Рік тому +1

    I'm the last guy who wanted to learn about finance. But I ran across Mr. Boyle's videos, and his sense of humor got my attention, while his ability to share his knowledge has kept me coming back for more. I'm so grateful.

  • @marekkoacinski500
    @marekkoacinski500 Рік тому +1

    OMG now I am reading a book which is pretty ok. It looks like My life is going in good direction.
    Thanks Patrick for this canal.

  • @surething119
    @surething119 2 роки тому +1

    I feel special for having the privilege to watch a portfolio management lesson by Mr. Boyle.

  • @zwalters20
    @zwalters20 4 роки тому +9

    Been a fan and follower for a while. Glad your page is starting to gain some traction, finally. Hands down the most underrated page on UA-cam. Thank you for sharing all your amazing insights. This page is invaluable!

  • @Azure-r4q
    @Azure-r4q 4 роки тому +17

    Came here from coffeezila too, lmao didn't even know your channel existed full of gold with lessons from a hedge fund manager himself, your vids are really informative and golden

  • @MrBchi
    @MrBchi 3 роки тому +1

    Patrick's intro on qualifications and experience.
    What no signals, myfxbook, telegram channels, bitclout, zero to millionaire in 17 seconds courses?
    Legend. Love this channel.

  • @leonhardeuler4292
    @leonhardeuler4292 3 роки тому +3

    Thanks for putting up these videos for free, Dad. I’m 21 and the recent events have kind of sent me down the rabbit hole of finance. Idk, just thankful for the free education!

  • @jamesmontgomery8249
    @jamesmontgomery8249 2 роки тому +1

    I’ve very much enjoyed investing and music as q combination.

  • @anttikaikkonen1460
    @anttikaikkonen1460 2 роки тому +1

    I had no idea that your old videos are so interesting.

  • @Charlatan-Parodyman
    @Charlatan-Parodyman 3 роки тому +4

    This is the most valuable stock info on UA-cam

  • @daydreamerforex3720
    @daydreamerforex3720 4 роки тому +3

    Man !!
    1:05:58 great example of diversification , never heard someone talked about it this way.
    you opened my eyes.

  • @guvencolak350
    @guvencolak350 4 роки тому +5

    Hi Patric,
    Finally I found someone that I can learn for investing.
    Thank you for your time.

  • @anthonywoodward2027
    @anthonywoodward2027 3 роки тому +1

    Came here from an interview by coffeezilla. Excellent quality given that this is free, ad supported, content.

  • @rethinkrich
    @rethinkrich 4 роки тому +3

    Thank you for no ads. It’s like being in school again. Love it!!🙂

  • @timothyplatt3300
    @timothyplatt3300 Рік тому +1

    yea... just found this... wow... I'm joining the patreon page, I thought this channel couldn't get any better.

  • @NikkiSatmaka
    @NikkiSatmaka 4 роки тому +2

    Came here from coffeezilla and the contents are gold. Amazing. Thanks for sharing

  • @goldengoat1737
    @goldengoat1737 2 роки тому +1

    How does this video have only 100 k views this is insane!

  • @Tas.hasan.
    @Tas.hasan. 2 роки тому +1

    This person doing very good videos.

  • @rhaegoti
    @rhaegoti 2 роки тому +4

    That was incredible sir, you packed a ton of information into this lesson. Starting the video off with book recommendations was a great bonus. Thank you for sharing your knowledge with us!

  • @h-e-r-o
    @h-e-r-o 3 роки тому +2

    Wow. Thx so much for such a profound lecturing. This is definitly one of the highest quality investment channels.

  • @Andolem
    @Andolem 4 роки тому +7

    I am determined to finish this course, please keep them coming, and thank you.

  • @felijacobo7788
    @felijacobo7788 2 роки тому +1

    This content is literally worth gold. Thank You. PLS KEEP POSTING STUFF LIKE THIS LONG FORMAT

  • @Geldoran
    @Geldoran 3 роки тому +1

    Thank you very much for the lecture. Especially your point on diversification that includes your house and personal exposure to risks is something I never thought about.

  • @nicholasp5817
    @nicholasp5817 4 роки тому +18

    I love your channel, You are an excellent teacher and I feel like you have helped me better understand finance. Thank you for your help.

    • @PBoyle
      @PBoyle  4 роки тому +3

      You are welcome!

  • @T3hderk87
    @T3hderk87 Рік тому +1

    I honestly need to watch this video again, I don't think I am smart enough to understand 90% of what was so eloquently taught in this episode.... Thank you sir!

  • @TheShelaz
    @TheShelaz 3 роки тому +1

    I can't believe this content is free!!

  • @anonymous1432341
    @anonymous1432341 9 місяців тому +1

    I am studying finance for non-finance staff and I am starting this series

  • @EugeneJames-gs5gj
    @EugeneJames-gs5gj 5 місяців тому +2

    Learned so much. Thanks Patrick!

  • @markazzz2031
    @markazzz2031 3 роки тому +3

    Thank you so much for making these professional videos. Some of us new traders really want to learn the correct way, not just what is popular.

  • @Beauweir
    @Beauweir 2 роки тому +3

    I actually was asleep when UA-cam went to this and now I have had dreams of standard deviation.

  • @ericlubisse8461
    @ericlubisse8461 4 роки тому +3

    Very engaging delivery of what is a relatively "dry" topic :-)

  • @macejenkins9405
    @macejenkins9405 3 роки тому +5

    Thank you for this Mr. Boyle. I am hoping to start my own fund soon.

  • @sayankundu2092
    @sayankundu2092 4 роки тому +2

    Here from Coffeezilla.
    Gonna binge watch your videos now. I am a CA student from india. ( equivalent to CPA in USA )

    • @PBoyle
      @PBoyle  4 роки тому +2

      I hope you enjoy them.

  • @bc-guy852
    @bc-guy852 Рік тому

    I have been watching for over a year; any of your episodes, just for general information and entertainment. I am not in the industry nor at a time in my life when major investments are a factor. Your style and camera presence - wow - what growth you've had. UA-cam provides a great window into a creators past and I KNOW that you are an author, Instructor and CEO but your UA-cam personality / channel has developed SO much. Now your material also has to be categorized in the dry-humour space as well! Fabulous!

  • @deepak78787
    @deepak78787 11 місяців тому +1

    One of the most knowledgeable playlist i found today
    Thanks a lot

  • @danielalvarez2917
    @danielalvarez2917 3 роки тому +1

    Agent 47 teaching me finance, can’t get better! Awesome content!

  • @visieons
    @visieons 2 роки тому +2

    Thank you mister Boyle. I can see this most probably isn't your main source of income but it's very, very appreciated. Please keep informing us❤

  • @grimmzbdo5739
    @grimmzbdo5739 3 роки тому +6

    Randomly found this assort of videos which are really good. I am a nurse but with an interest in finance and it is so hard to find really good info for free these days. I follow PensionCraft as well on YT and he provides awesome content.

  • @kyawthwe9694
    @kyawthwe9694 4 роки тому +3

    8 hrs i am ready, i might need to watch it several time. some terms are new to me.

  • @Tomson419
    @Tomson419 Рік тому +1

    and this is all in one take!

  • @bkinstler
    @bkinstler 2 роки тому +1

    You’ve come a long way since March 2020, Mr. Boyle.

  • @maggincracking8174
    @maggincracking8174 4 роки тому

    Been looking into finance and investment for ages. I wonder how's come never got your channel recommended...
    I wish I could like the video twice.

  • @nunyabusiness863
    @nunyabusiness863 2 роки тому

    This video should have more likes and views. It is timeless and your enthusiasm for teaching makes learning so much easier. Thanks Patrick.

  • @INWMI
    @INWMI 4 роки тому +2

    me too coming from cofeezila guy, i saw your intervention very realistic and frank.
    now i have to find the time and the moment to watch your videos.
    i recently started stocks as a way of investing, mostly in big and solid companies, i like the idea of work with my own money.

  • @noneednoneed5752
    @noneednoneed5752 6 місяців тому +1

    Coffeezila sends his regards, thanks for the informative lecture

  • @robbiemcghee5322
    @robbiemcghee5322 4 роки тому +3

    Excellent content. I always get value from these lectures

    • @PBoyle
      @PBoyle  4 роки тому +1

      Glad you like them!

  • @enriquelinares9218
    @enriquelinares9218 2 роки тому +1

    Best UA-cam channel. I don’t even remember how o found it but love this channel way too much

  • @jkholtgreve
    @jkholtgreve 3 роки тому +2

    I hated business as an undergrad but the one advantage to taking those courses was that here and there you’d have a professor making very good money at their main job who was just teaching for the love of teaching/fun. These videos take me back to those classes which were always a joy to attend, even though as a petulant humanities kid the material bored me to tears.
    EDIT- Just checked the Patreon. Yeah there’s no damn way Professor Boyle’s doing this for money. :)

  • @missantrafalgar782
    @missantrafalgar782 3 роки тому +1

    I'm late to the show but coffeezilla brought me here! Good stuff ☺️

  • @maximillianafrancine1451
    @maximillianafrancine1451 Рік тому +2

    26:51 "Many have seen this before"...me the pure Arts major at the back of class, crouches even lower into her seat, hoping the invisible cloak is working.

  • @ojooluwasegun5865
    @ojooluwasegun5865 Рік тому +1

    This is amazing content....Thank you very much!

  • @rodettecpedro
    @rodettecpedro 2 роки тому +2

    I can't believe this is free.

  • @gustavderkits8433
    @gustavderkits8433 3 роки тому +2

    I always recommend Lowenstein’s “when genius failed” when people tell me they are certain that two variables are correlated and when people assume the normal (or lognormal) distribution will save them. So many real world situations are governed by extreme, not averages.

  • @BigJohn6060
    @BigJohn6060 3 роки тому +1

    your first book reference - "A Random Walk Down Wall Street" by Gordon Malkiel is my favorite investing book. I think he so succinctly and clearly explains the topic in such an approachable way that you don't need any formal education in finance to understand it.

  • @the-Brown
    @the-Brown 4 роки тому +3

    I have a degree in finance, and this helped fill in the gaps of my prior knowledge. Great Content!

    • @PBoyle
      @PBoyle  4 роки тому +1

      Glad it was helpful!

  • @TsarOfRuss
    @TsarOfRuss 4 роки тому +13

    Yea, i'd rather listen to PROS like you that arent sitting on a luxury yatch or speeding on the highway with super-cars while promising me %100 return if i buy their online program

  • @dankschang
    @dankschang 3 роки тому +1

    Fantastic list of books... Its set the foundations for investment knowledge.

  • @jeffreyyeo9502
    @jeffreyyeo9502 3 роки тому

    Thanks Mr. Patrick Boyle, im Jeffrey from Indonesia .. i would like to thanks so much for your lecture .. im so blessed by your lecture ..

  • @tradingcup7682
    @tradingcup7682 4 роки тому +4

    You my friend have an amazing wealth of knowledge. Thanks for the detailed video. It's like getting an economics degree.

  • @MrDirkmcrae
    @MrDirkmcrae 4 роки тому +2

    I am an infant out of the womb....this video help me wear my first diaper in the sense of understanding for market investment...I have subscribed and you are now my Mr. Miyagi....thank for the great content

  • @evansprankle8058
    @evansprankle8058 4 роки тому +1

    Absurdly brilliant comment about living in an oil town and already being naturally exposed to oil so diversifying assets other then oil would be ideal.

  • @theredscourge
    @theredscourge Рік тому +1

    25:50 "...so there was a lot of excitement, and then a lot of whatever the opposite of excitement is"
    Love the subtle humour

  • @abdullahebrahim4045
    @abdullahebrahim4045 2 роки тому

    Finally found quality stuff
    Bless you prof that you have this material of yours on UA-cam for free
    Kindest regards

  • @ear4funk814
    @ear4funk814 3 роки тому

    Great explanation ... did exactly what he said he would ... give an overview of portfolio management ... with enough detail to understand the basic mechanics of it. Thanks for the great content Patrick!!!

  • @SecretaryOfSkate616
    @SecretaryOfSkate616 3 роки тому +1

    Thank you for being real and spreading it to the people.

  • @dvirtosu
    @dvirtosu 3 роки тому +1

    "a lot of what the opposite of excitement is" so well said :))

  • @cheehiong
    @cheehiong 4 роки тому +21

    My old memories of finance classes are coming back to me now. haha. Actually, it might be interesting if you do a walkthrough on how to do portfolio management in practice now that you covered the theory - so if a person has x numbers of stocks, how do you optimise it - and when to do rebalancing.

  • @renatocavalcante8052
    @renatocavalcante8052 4 роки тому +5

    I'm Loving your Videos Patrick! You could show the Slides in a full screen for us to see it better and at the bottom still appear in the camera, as many people do using software like OBS. I'm very curious to learn more about these topics that you're teaching us. Thank you for sharing all your knowledge, Professor!

  • @lucascontarde9067
    @lucascontarde9067 4 роки тому +2

    Hi Patrick,
    I guess this class is for your college students. But i'm watching it from Argentina and learning as well! Thanks for the great content.

  • @emmanuelv9746
    @emmanuelv9746 3 роки тому

    From cofezilla from my gut instincts feeling like he is the real big shot. Thank you Patrick for the valuable content.

  • @vince8436
    @vince8436 3 роки тому +1

    I don't find most videos worth watching. Found your interview on coffeezilla which was actually my first coffeezilla video.
    Before it was over I was ready to come here. I have subscribed. Will watch as much as time goes by. I will have more time this year than normal.

  • @didiermunyabarenzi3797
    @didiermunyabarenzi3797 2 роки тому +1

    Dam! Patrick you packed these videos with so much information, thank you

  • @steveh2027
    @steveh2027 3 роки тому +3

    This was great. Going the long haul on this series

  • @stockmaster6620
    @stockmaster6620 3 роки тому +3

    Amazing..what a gem of a person

  • @peterbradshaw8018
    @peterbradshaw8018 4 роки тому +2

    Ahhh! I have read most of these books. Got my reading list from Goldman Sachs Recommended Reading list and Dynamics Associates Hedge Fund Reading List. The study guides for UOL distance study has professional texts. CFA also has a nice set of texts.

  • @Bomag
    @Bomag 3 роки тому

    This is brilliant thankyou for sharing. The point about natural exposure to certain risks is something easily missed I think!

  • @HT__00
    @HT__00 3 роки тому +1

    i'm going to watch every episode!!!!

  • @buddyrevell511
    @buddyrevell511 4 роки тому +2

    I'm so old, I remember Ivan Boesky being in the news for insider trading.

  • @karansaxena976
    @karansaxena976 3 роки тому +1

    Sir very useful information. Thank you so much for this course

  • @Aeng-gv8jc
    @Aeng-gv8jc 3 роки тому

    Best financial lessons ever watched. MPs can't talk even few minutes like Patric . Patric gives brilliant non stopping speach hours and hours. Conclusion, Patric should be in parliament .

  • @matts6165
    @matts6165 3 роки тому

    Patrick this video was incredibly informative. I really enjoyed watching this. I'm sure there is a lot that went over my head but I thought it was interesting how you can reduce the risk in a portfolio by adding assets that do not correlate with each other.

  • @cesarbmw
    @cesarbmw 4 роки тому +1

    Patrick thanks for the information this is amazing always watching your videos and learning from them to apply in my trading business

  • @NitroniumGaming
    @NitroniumGaming 3 роки тому +1

    This needs more views.

  • @roadgnome9166
    @roadgnome9166 3 роки тому +2

    Patrick! You gotta add power point or share your screen! Love the content

  • @mikemerlin4020
    @mikemerlin4020 3 роки тому

    Awesome stuff. You are helping people. Thank you. Might want to get a setup where your presentation in on the screen with you in the corner. Thanks again for doing this 😃🙏

  • @SatorMoon
    @SatorMoon 4 роки тому

    This was fascinating. Hooked all the way through the lecture...

  • @goldengoat1737
    @goldengoat1737 2 роки тому +1

    Thank you so much for this I have been looking for some solid information like this. You are a treasure my friend!