Applied Portfolio Management - Class 1 - Risk & Return

[@riccardomichelotto3723]

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]

What a time to be alive honestly.

[@lukasp.8298]

@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]

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

[@mousquetaire86]

@@PMLectures888 Aswath Damodaran is very good too.

[@javierloa9197]

real knows real.

[@blackcountrysmoggie]

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.

[@canceledlogic7656]

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]

Thank you!!!

[@gamingandgunpla]

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

[@Practicalinvestments]

Not anymore, he’s got pretty good views nowadays

[@bielefeldd]

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

[@majifred8778]

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...

[@Viper4ever05]

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

[@kite7714]

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

[@erictao1244]

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

[@julioalvarez8045]

Finally someone who actually try to teach you 🙏🙏🙏

[@acechen7036]

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

[@Rushmanism]

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

[@jameshusentoff2953]

Why not just study for the CFA exams?

[@1997alimaster]

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

[@coldlama8370]

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

[@zwalters20]

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 KZbin. Thank you for sharing all your amazing insights. This page is invaluable!

[@surething119]

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

[@marekkoacinski500]

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.

[@Jholladay10]

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.

[@AlexandertheGreat033]

Bro you are fucking amazing. Love your channel. You are telling the people the truth. This is the real shit. You are a legend, your demeanor , the attitude ,the way you explain things, the pace at which you talk. Everything is perfect dude, this channel deserves 100x its current following base.

[@MrBchi]

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]

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!

[@kblaze45]

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

[@liam-n8098]

Do you even trade

[@prodoman3945]

@@liam-n8098 do you even trade bro

[@Longtack55]

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

[@jizburg]

@@liam-n8098 do you even lift?

[@jMichaelEdwards]

Yup!

[@daydreamerforex3720]

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

[@rethinkrich]

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

[@NaixNaix]

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

[@guvencolak350]

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

[@Charlatan-Parodyman]

This is the most valuable stock info on KZbin

[@anthonywoodward2027]

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

[@h-e-r-o]

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

[@rhaegoti]

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!

[@Geldoran]

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.

[@felijacobo7788]

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

[@timothyplatt3300]

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

[@Tas.hasan.]

This person doing very good videos.

[@enriquelinares9218]

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

[@NikkiSatmaka]

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

[@Andolem]

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

[@T3hderk87]

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!

[@anttikaikkonen1460]

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

[@markazzz2031]

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.

[@nicholasp5817]

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]

You are welcome!

[@deepak78787]

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

[@jeffreyyeo9502]

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

[@jamesmontgomery8249]

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

[@bc-guy852]

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. KZbin provides a great window into a creators past and I KNOW that you are an author, Instructor and CEO but your KZbin personality / channel has developed SO much. Now your material also has to be categorized in the dry-humour space as well! Fabulous!

[@anonymous1432341]

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

[@visieons]

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❤

[@TheShelaz]

I can't believe this content is free!!

[@macejenkins9405]

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

[@nunyabusiness863]

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

[@maggincracking8174]

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.

[@theredscourge]

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

[@grimmzbdo5739]

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.

[@Beauweir]

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

[@ericlubisse8461]

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

[@sayankundu2092]

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

[@PBoyle]

I hope you enjoy them.

[@cheehiong]

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.

[@jkholtgreve]

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. :)

[@goldengoat1737]

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

[@BigJohn6060]

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.

[@robbiemcghee5322]

Excellent content. I always get value from these lectures

[@PBoyle]

Glad you like them!

[@bkinstler]

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

[@danielalvarez2917]

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

[@Tomson419]

and this is all in one take!

[@gustavderkits8433]

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.

[@TsarOfRuss]

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

[@EugeneJames-gs5gj]

Learned so much. Thanks Patrick!

[@rodettepedro9904]

I can't believe this is free.

[@kyawthwe9694]

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

[@renatocavalcante8052]

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!

[@INWMI]

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.

[@missantrafalgar782]

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

[@lucascontarde9067]

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.

[@vince8436]

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.

[@dankschang]

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

[@maximillianafrancine1451]

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.

[@Tomson419]

hehehehehe

[@ear4funk814]

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!!!

[@tradingcup7682]

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

[@abdullahebrahim4045]

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

[@MashZ]

and people still buy $10k "get rich quick" classes while this exists for free

[@noneednoneed5752]

Coffeezila sends his regards, thanks for the informative lecture

[@matts6165]

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.

[@Bomag]

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

[@mikemerlin4020]

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 😃🙏

[@stockmaster6620]

Amazing..what a gem of a person

[@MrDirkmcrae]

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

[@roadgnome9166]

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

[@peterbradshaw8018]

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.

[@ojooluwasegun5865]

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

[@evansprankle8058]

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.

[@Aeng-gv8jc]

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 .

[@dvirtosu]

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

[@buddyrevell511]

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

[@emmanuelv9746]

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

[@SecretaryOfSkate616]

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

[@cesarbmw]

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

[@NitroniumGaming]

This needs more views.

[@karansaxena976]

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

[@didiermunyabarenzi3797]

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

[@Nemesishk]

Patrick is awesome and passionate about finance. Keep up these videos and do not change anything. Love it!

[@veins101]

There a prerequisite knowledge requirement before watching this.

[@steveh2027]

This was great. Going the long haul on this series