Thanks to our growing list of Patreon Sponsors and Channel Members for supporting the channel. www.patreon.com/PatrickBoyleOnFinance Ed, Devon Young, Pavle Obradovic, Erik Van Ekelenburg, Moe Amrane, David O'Connor, Christian Richards, Zak Patterson, Ki Ryu Chan, Pjotr Bekkering, Drew, Ivaylo Kunev, Alex, Robert W Proudfoot, EatEmAll, Michael Boensel, Adrian Phang, pooh shmoo, Ron Hughes, Robert Muller, Andre Michel, Ivan Iliev, Gopaljee Atulya, Milan Tomic, Mark Hooker, Artem Vasenin, P H, Mathews Sebonego, Sebastian, Michal Lacko, Erik Montesinos, Matthew Loos, Az Indragiri, Robert Proudfoot, SK, Aman Bali, Lautaro Parada, Pratap, Deborah Joseph, Robin Sung, Kurt Johnston, Kaushik Vankadkar, Cyrus Yari, and Alexander EF
@reggie38194 жыл бұрын
You make me wish I had studied finance rather than mechanical and material engineering. I love the videos
@JoshtheFifith4 жыл бұрын
the story is very interestingly put down with amazing calming music
@parac0sm0naut264 жыл бұрын
Excellent narration. Have you heard of The Drake Fortune scam? If you haven't done an episode on it yet, I highly suggest it.
@eddiekorkis4 жыл бұрын
He literally robed Peter to pay paul. The first Pyramid scheme. Or at least the most famous one.
@FitByTheLake3 жыл бұрын
@@eddiekorkis Not a pyramid scheme. He even made that clear at the beginning.
@assumptionisthemotherofall24023 жыл бұрын
The saddest part is ....100 years later people are still falling for this scam
@RichMcc3 жыл бұрын
i think the biggest difference is , this guy was more of a bad business man rather than a con man
@BooktownBoy3 жыл бұрын
Bit coneeeeeeeeeeect!
@LeeePowers3 жыл бұрын
Sadder even,is "Ponzi Schemes" can be such named without anyone having to give up 200sq inches of skin.
@TruckinRoundTv3 жыл бұрын
Yea like insurance companies of today 🤔
@RichMcc3 жыл бұрын
@@TruckinRoundTv yep a totally legal scam
@patrickhell224 жыл бұрын
Rose is the kind of woman every wealthy man could dream of. It's amazing how no matter how much money and gifts Charles wanted to give her, all she ever wanted was just to be with him and not his belongings. Much respect to Rose for being such a lovely lady.
@godfreyberry15994 жыл бұрын
Rose was an absolute saint.
@V-t3n3 жыл бұрын
Nice name
@patrickhell223 жыл бұрын
@@V-t3n yours too
@lynnleigha5803 жыл бұрын
There are still a few of us left. Just ask my husband 😁
@EricIrl3 жыл бұрын
@@lynnleigha580 And Ponzi was a complete fantasist - a trait obviously inherited from his mother. A big dreamer without the ability, knowledge or intelligence to achieve his fantastical schemes.
@Ollie_FiveO4 жыл бұрын
This should be a movie w/ Leo DiCaprio as Charles Ponzi and Directed by Scorsese
@nicolemccarty87764 жыл бұрын
I agree he would
@manjsher30944 жыл бұрын
No
@angusmeigh51414 жыл бұрын
The Wolf of Wall Street film is a similar story.
@joekabotz7344 жыл бұрын
Leo the hypocrite
@Ollie_FiveO4 жыл бұрын
@@manjsher3094 yes.
@ajax700 Жыл бұрын
He had a partner that really loved him, poor or rich, even after going to jail many times. He had a treasure most poor and even most rich men never get. I can't think of a greater treasure than true love and good company. So sad he didn't realize. He had already won in life. Best wishes.
@nicksmith4378 Жыл бұрын
So true
@casebycase_904 Жыл бұрын
Weird time to be positive but okay. I personally think the partner could have stuck around for the perks. Could have been a trashier idiot trying to ride off of Ponzi's little successes. Don't be too naive. It isn't love. It is weird unhealthy bond/ dynamics that can be found commonly when you deal with the legal system and those who break it. A true & healthy love would guide their loved ones towards the right path not in and out of jail repeatedly or let their loved one chase after wealth in a manner that isn't so honorable. But i do agree with you - true love and good company really are the greatest thing a person can achieve.
@creepersonspeed5490 Жыл бұрын
@@casebycase_904who says she didn't try and guide him out?
@ctdieselnut Жыл бұрын
@@creepersonspeed5490 or she could have tried and been unsuccessful. Greed can be a powerful thing. Im guessing she didn't like seeing him go to prison, but It's best not to speculate on this. No one involved is still alive, and unless something specifically about this was documented, we'll never know. End up probably drawing the wrong conclusions. On another note, there is a phenomenon of some women being very attracted to criminals. It even has a term coined for it; hybristophilia. The worse they are(the more media coverage/infamy), the more fan mail they get in prison, some serving life w/o parole get married while inside. Its crazy. Not saying this is what's going on with her, but it may explain an aspect that's otherwise mysterious. See why it's unwise to speculate lol
@andrewdevine3920 Жыл бұрын
Yeah, but when Lambo?
@shahbasharat2 жыл бұрын
I learned 3 things from this documentary: 1) Charles ponzi was not as bad as Bernie madoff or SBF 2) he had a true love for his wife 3) his mother’s moral character is highly commendable. She secretly revealed her son’s prison history to his would be wife. Now Let’s see what character SBF’s mother demonstrates.
@sproutsisters53982 жыл бұрын
I have a feeling his parents won't speak about it and will have his back behind the scenes as most moms would. Even if they know he screwed people over. They will take a generous viewpoint
@mattverville92272 жыл бұрын
His parents are law professors. They know better than saying anything
@CFITOMAHAWK2 жыл бұрын
The Mafioso Codes say... Fogettaboutit..
@rajatwtf2 жыл бұрын
She's a political operative....that alone tells us what character she will demonstrate
@CraigStCyrPlus2 жыл бұрын
4) Don't use the same 15-second music loop for an hour long documentary. 🥵
@Tina06019 Жыл бұрын
It’s nice to know that Ponzi had been so courageous in donating 120 square inches of his skin to a burn victim, a fellow nurse (who was unknown to him) who had been horribly burnt. That act was incredibly generous. I sure hope the skin grafts “took” for her.
@Γιώργος-ΕυγένιοςΤζωρτζίνης Жыл бұрын
@@je8117He couldn't know how much time he would need to be in hospital. He did have those mental issues, but this skin donation is not easy to do, especially with those time's means. Would YOU donate that skin, even hoping for some kind of benefit? Brave acts need to be commended.
@ladyreverie70273 жыл бұрын
What a strange, complex and oddly sympathetic person. I had no idea that he was this nuanced and morally grey person. The donating the skin off his back to a stranger thing, a hundred years ago when people were far more likely to die from infection - that is very unusual level of charity. I'm inclined to think he thought at a certain point the business would become profitable and would not defraud people. I feel like Ponzi could have had a very successful and happy life with Rose if he hadn't gotten in over his head.
@teemuvesala95753 жыл бұрын
@@Cper2000 The world isn't black and white like you simpleton think it is. If he was just a regular conman he would have let the stranger just die and not give a crap about it.
@ThePk78613 жыл бұрын
That was a good act
@tulipalll3 жыл бұрын
@@Cper2000 He literally gave the flesh from his body to a stranger. You can't spin this
@AmitSingh-vt6ws3 жыл бұрын
Ikr, I thought I'd hate him after watching this video, but I'm just confused rn 🤣
@SaretGnasoh3 жыл бұрын
@@Cper2000 I repeat what Teemu said. The world isn't black and white like you SIMPLETON think it is.
@BloodRider1914 Жыл бұрын
This story is perfect for a Greek Tragedy. A man who dreamed so big and had such faith in himself, but whose hubris led him to be undone.
@jullietmburu96725 ай бұрын
The one who flew too close to the sun ☀️ and his wings fell off..
@godwithin2 жыл бұрын
The fact that he repeatedly lost all his money gambling tells me he is a mathematically and logically a stupid man,but he is a a genius when it comes to people
@FIRING_BLIND Жыл бұрын
Like a backwards Elon Musk
@bunnerkins Жыл бұрын
@@FIRING_BLIND Nah I think it's just a regular elon musk.
@phelan8385 Жыл бұрын
@@bunnerkinsElon is the farthest thing from a genius 😂
@D3xterJettster Жыл бұрын
Sounds like NFT scammers
@adamabbas1487 Жыл бұрын
A Michael Scott when it comes to sales.
@Greg-fs8np2 жыл бұрын
Patrick should be congratulated for presenting this thoughtful and comprehensive video. Every detail is clearly explained. The characters of all involved including Rose Ponzi and Ponzi himself are compassionately and thoroughly discussed and that offers much rich context that helps the viewer understand what really happened.
@nocodekevin3 жыл бұрын
Take a drink every time we hear Charles genuinely thought everything was going to work out.
@JohnSmith-ox3gy3 жыл бұрын
He really shouldn't have skipped those University maths courses for partying like a degenerate 2020s student.
@BlackJesus84633 жыл бұрын
@@JohnSmith-ox3gy He was a lazy gambler idiot.
@weareintheendtimes.7042 жыл бұрын
Or every time he says Charles Ponzi .
@kevinkoogle73522 жыл бұрын
Take a drink each time the music repeats.
@markquartet12852 жыл бұрын
omg yes... lol
@randyjones30503 жыл бұрын
Anyone who literally donates his own skin to save the life of a stranger can't really have an evil heart. It makes you think that in his own mind he didn't think he was defrauding anyone. He was just such a good salesman that even HE believed in his own bullsh*t.
@CFITOMAHAWK2 жыл бұрын
Super Liars are like that.
@filippyknow2 жыл бұрын
I actually feel sad for him.
@CFITOMAHAWK2 жыл бұрын
@@filippyknow I feel sad for all bad people too. My friends call me an idiot for that. LOL.
@CFITOMAHAWK2 жыл бұрын
What an idiot will like that dam thieft. Idiots love criminals. They even put excuses for them. Criminals laught at their helpers. Retired Cop.
@filippyknow2 жыл бұрын
@@CFITOMAHAWK maybe you are. This is about recognizing the sheer moments of humanity displayed by this guy. I am not saying that he should be treated as innocent for his crimes
@redplanet71633 жыл бұрын
This was a truly excellent presentation. I only recently discovered your channel. Your intelligence and ability to explain complex subjects in a reasonably simple way is off the charts. I'm in awe.
@Dima_Lukashenka2 жыл бұрын
Agree 100% ... Great knowledge with dividends!!! What an amazing documentary.
@Joaocruz30 Жыл бұрын
Spot on!
@gnuPirate2 жыл бұрын
I think you are pretty much the king of the one-man production, deeply-researched, financial figures in history documentary. These are just amazing and so fascinating. Great insights Patrick.
@jaybraithwaite68392 жыл бұрын
“But that’s not the stuff Charles was made off”. I really do love the way that Patrick Boyle delivers the dry ice.
@newunderthesun73533 жыл бұрын
This was the most fair analysis of Ponzi out there, of the five or six I've seen. Since this one came out three other high profile KZbinrs followed up with their own version (they seem to coincidentally cover the same topics as Patrick almost like clockwork), but did not manage to put it together with the same flair or openness as Patrick. Cheers to Patrick, once again.
@linuxjodi43113 жыл бұрын
Mind sharing those other channels, mate..? So I could avoid them altogether.. :)
@newunderthesun73533 жыл бұрын
@@linuxjodi4311 ColdFusion was the most disappointing, since his content is usually very good.
@KingOfForest22 Жыл бұрын
@@newunderthesun7353 the problem with ColdFusion is that he covers a very wider range of topics without a really deep understanding of any of them. This is ok for a KZbin channel but it looks dumb compared to the knowledge of a specialist like Patrick discussing topics related to his speciality.
@chris7263 Жыл бұрын
The fact that his marriage was apparently so functional speaks as well for him as anything else. Obviously she must have been very tolerant and devoted, but he was also presumably not abusive or unfaithful, and you hear so many awful things about how a lot of historical figures treated the women in their lives.... It kind of broke my heart that they divorced in the end.
@casquinhaS2 Жыл бұрын
The bar for men is in hell.
@Nick-z2oАй бұрын
It seems like people can be bad in one area but great in another.
@anonymous.youtuber3 жыл бұрын
What a beautiful story. I had a totally wrong mental image of Charles Ponzi. His donating his skin … what an act of heroism.
@CFITOMAHAWK2 жыл бұрын
Send money to italians, They are good Ponzi scammers. Believe in me they say. Idiots love to be idiots..
@CFITOMAHAWK2 жыл бұрын
@@sternwelten You must be a dummy liberal. Even Hittler did some good things. Idiots love crooks..
@CFITOMAHAWK2 жыл бұрын
@@sternwelten Why you like to put excuses for guys that robbed so many innocents that trusted him. Do you like creeps..
@DrJ-hx7wv Жыл бұрын
@@CFITOMAHAWK you think in very simple terms
@CFITOMAHAWK Жыл бұрын
@@DrJ-hx7wv Simple truths.. Duhhh >>
@mysideacc27702 жыл бұрын
Thanks for the history lesson! I didn't know anything about Ponzi beyond the Ponzi scheme being named after him, but learning more about his past made me think of, to me, an important reason why people shouldn't scam others: you can be a generous and good person, you can be a good son and husband, you could even be the second coming of Christ, but people will only ever remember you as a scumbag scammer and curse your name.
@studebaker42172 жыл бұрын
And he did it all without a spreadsheet! Genius.
@A_friend_of_Aristotle3 жыл бұрын
The furniture dealer who shook Ponzi down with his claim of "...owning half of the business" ended up coughing up all of his ill-gotten gains because of the claim. That's poetic justice!
@Patricia-md2lm2 жыл бұрын
Ponzi was so wronged.
@piccalillipit92112 жыл бұрын
Yeah I liked that bit
@artsyhyd Жыл бұрын
Also that Boston Post guy who was too spoiled by his father.
@jurgnobs13082 ай бұрын
@@artsyhyd what did the Boston Post guy do wrong? all he did was correctly call out a massive fraud scheme.
@RobertoBlake3 жыл бұрын
Get you a girl like Rose… that’s the moral of the story …😭😭😭
@ElaineFoster1012 жыл бұрын
But he couldn't keep her. He died alone. ... that's the moral of the story ...
@cchavezjr72 жыл бұрын
The part of his mother hoping the family name would be restored sounds more like an anecdotal story of irony made because the name is now forever branded in infamy.
@AnkitYadav-td6mg2 жыл бұрын
Oh the Irony! 😂
@Garbeaux. Жыл бұрын
Not if the mother impressed upon him as a child the importance of restoring the family name and place in society. That would have def shaped his world view.
@stefaniagobessi8582 Жыл бұрын
And very similar to (Theranos) Elisabeth Holmes’ desire to restore the wealthy legacy of her family that was lost through generations…
@cchavezjr7 Жыл бұрын
@@stefaniagobessi8582 I thought she just wanted to be a techie billionaire like Steve Jobs. Didn't know there was some family history involved. Thanks for the info.
@monobryn6410 ай бұрын
@@stefaniagobessi8582Her father was a VP at Enron!? Talk about walking in your parent’s footsteps…
@nyiniamako Жыл бұрын
This is perhaps the best Ponzi doc I've seem. Well-rounded and quite sympathetic. A lot of other docs portray him as stupid or ignorant or just plain devious. This would make a great film too.
@nsocialsnetwork21712 жыл бұрын
I took this as biggest love story of Charles & Rose instead, couldn't remember nothing else! Their true love were bigger than anything else! Thank you Patrick for sharing!
@connorfrancis60224 жыл бұрын
Great content. A 21st century renaissance man. Hedge fund manager, KZbinr, storyteller, movie producer, etc... the Johnny Sins of finance lol
@Affenhirte3 жыл бұрын
Fantastic story and story telling, I wasn't planning on watching an hour long docu, but I couldn't stop!
@James-hb8qu3 жыл бұрын
A poor person with a stupid idea is told he has a stupid idea. A rich person with a stupid idea is praised as a visionary.
@JuT112 ай бұрын
A poor person with a stupid idea is told by a rich person it's a stupid idea, then the rich person steals the stupid idea and is praised as a visionary
@TessHKMАй бұрын
What the fuck are you guys talking about
@ForexToProfits2 жыл бұрын
The best story of Charles Ponzi I've ever watched! I read the book Charles Ponzi many years ago.
@duchessstudioband7896 Жыл бұрын
Amazing story. The best part was his love for his wife, and her love for him, which was eternal. The woman loved him unconditionally. Amazing.
@lynnleigha5803 жыл бұрын
Well, it's 2021 and we're still talking about him.. pure genius, he made himself immortal
@hezekiawhite82073 жыл бұрын
Then how come the people never learn.
3 жыл бұрын
And we'll be talking about him forever. Greedy and clueless people will remain falling into this 100-year-old trick.
@tariqquibir51833 жыл бұрын
Well yea somehow disgrace also brings immortality, you can tell that to Achilles
@shawnjavery3 жыл бұрын
It's only been 100 years, he is far from immortal.
@incemarketers81683 жыл бұрын
Until someone does it bigger and better. #madoff
@wez1231231234 жыл бұрын
This guy lived his life like a game of monopoly
@PBoyle4 жыл бұрын
That is a great line. :)
@obiedashinobi13224 жыл бұрын
Yes indeed
@zemundico79133 жыл бұрын
....and he won...
@obiedashinobi13223 жыл бұрын
@@zemundico7913 indeed power ☝ my Shinobi
@verdensrike93813 жыл бұрын
@@zemundico7913 until he lost.
@hungphutr4 жыл бұрын
You deserve more attention than this! Thanks for sharing
@timenswijtink2 жыл бұрын
Woah… that 15 second music clip on repeat for nearly an hour.
@dinokknd2 жыл бұрын
Watched and listened to this in it's entirety today. I love the insight and the story told, as well as the way it was told. Thank you Patrick.
@michaelmontana2514 жыл бұрын
I love how KZbin keeps throwing up ads in my face for hair-brained investment advise schemes.
@akmzahidulislam27643 жыл бұрын
We are now wiser than Ponzi's victims, innit?
@akmzahidulislam27643 жыл бұрын
@Lawrence Weston Ha ha ha, it’s a Cockney slang; meaning 'isn’t it?'. Thanks
@Killerbee_McTitties3 жыл бұрын
@@akmzahidulislam2764 not really. we just know how one looks now.
@tommybuick22093 жыл бұрын
Lol it's not just online, my local freeways are swamped with ridiculous billboards of that nature, too-good to be true investment "ideas", diamond ring ads, college ads, Christian ads and other "life-changing" garbage, you name it.
@bobbrown15223 жыл бұрын
YT tailors your ads based on your viewing habits. Interesting...
@itsmewierd_zach33743 жыл бұрын
I really like the clear, slow and very articulate utterances of the narrator. His pacing and voice are so pleasant that you can easily understand all that he is saying. Congrats!
@ClemensAlive3 жыл бұрын
I always understood: "Robbing Peter to PayPal" This is a very great video!
@Maxikings13 жыл бұрын
very same, maybe the name comes from there! :)
@ipmac80753 жыл бұрын
Lol “PayPal” very clever
@shafeekmks3 жыл бұрын
wow that was smart!!
@Youtubecensoredmyusername3 жыл бұрын
PayPal stole 300 dollars from me
@kronosblade30023 жыл бұрын
@@KZbincensoredmyusername can u explain how? Please
@mackenziedrake2 жыл бұрын
Fascinating. I have heard of the scheme all my life, but hadn't really thought about the term or how it came to be. Thank you for bringing the character of the people involved to life.
@richardstork2 жыл бұрын
Patrick, you should do more stories like this. Music does a great job. I really felt like I was there in the 20s
@bennyblanco93773 жыл бұрын
Say what you want about Charles Ponzi but you have to love his entrepreneurial spirit, his vows to his wife, how he never gave up and allow hardships to break him, how he was optimistic and wanted to achieve big instead of being mediocre
@hezekiawhite82073 жыл бұрын
He was materialistic.
@EssBee603 жыл бұрын
Nah. He was a scammer to the core. Not telling his wife his story. Offering ridiculous returns to investors had one purpose. Fleecing them.
@markuse34722 жыл бұрын
The only thing I give C Ponzi credit for is his love and faithfulness for his wife. The rest is pathetic and brainless of you.
@kinyutaka2 жыл бұрын
and he would give the skin off his back to help others.
@robt34072 жыл бұрын
The Era of well dressed men seems to have produced the best and finest of them, even the crooks were classy.
@willieduggan32014 жыл бұрын
Patrick : this is a superb documentary about Charles Ponzi. You explain Ponzi's life and his endeavours clearly and simply.
@DavidYoung814 жыл бұрын
Wow, I watched all of that. Amazingly well told history, thank you! Informative and entertaining.
@Kaaxe7 ай бұрын
Rose is making my heart burst. Most wholesome/loyal/loving person ever
@scottcharette17442 жыл бұрын
Excellent portrayal of Ponzi’s story - well done!
@LEARSIKCIGAM4 жыл бұрын
conman are never rough spoken, rude or grumpy they always tell you what you want to hear and they make sure to let you know how smart and educated you are for listening to them
@LEARSIKCIGAM4 жыл бұрын
@Karen DeGenerous I have done all those things Karen, probably better than you
@robertmanfredthurrigl94243 жыл бұрын
Hah Hah now that is funny!!
@angelosecchi40533 жыл бұрын
This is the most complete and impartial version of the life of Charles Ponzi that I have ever heard. Amedeo Giannini, the founder of Bank of America, deserves an equally well-made video.
@user_19773 жыл бұрын
You're an amazing story teller, very few history documentaries that I can watch in one sitting. 😃
@adrianjanssens71164 ай бұрын
Patrick you have a full and convincing voice. The repetetive background music is not required and somewhat annoying. Please reconsider this option. Thank you and cheers from Canada.
@loriscott32902 жыл бұрын
I think this is very nearly the best documentary I have ever seen. Thank you for all the hard work and time you put into this. It was fantastic!
@CaseWithFox4 жыл бұрын
Just found your channel and honestly this is GOLD. Wish I could have a professor like you in college
@PBoyle4 жыл бұрын
Happy to help!
@christianlacroix54303 жыл бұрын
Why is that, can't you understand what you read in the bibliography ?
@ipredictariot63712 жыл бұрын
@@christianlacroix5430 as much some people (myself included) love reading, it is a greater investment of time... and the more you read the greater the sense of the unknown and the more insatiable the appetite for knowledge... a pyramid scheme of knowledge of sorts to hopelessly sedate escalating cravings! When a well-presented story on the topic will meet a deeper psychological need within a more finite period of time, while also delivering the knowledge you initially sought.
@johnanon6582 жыл бұрын
No op, all the professors must be jewish because muh hollow cost
@Wa7edmenalnass4 жыл бұрын
This is well made, well written, informative and entertaining. One day this film will be a classic.
@janegoodall18374 жыл бұрын
Except he got a bunch of points wrong. His family sent Charles to live with his in the states because they were sick of his STEALING. He got fired from the Canadian bank for draining the account of a women over time. He WAS illegally smuggling immigrants across the boarder not “helping” them. Ponzi deserves to be remembered as a sociopath, not an everyman hero like this video portrays. There are also accounts of him getting fired from his initial small time jobs for theft as well. I guess thats what it takes to be remembered. TAKE, and screw everyone else.
@MrBlaxjax3 жыл бұрын
Amazing piece of storytelling...and an amazing story too!. I knew not a thing about Charles Ponzi, so I learned a lot. Thank you for making this.
@petefrosty54672 жыл бұрын
This is one of the best and most entertaining documentaries I have watched on KZbin. I wish you would make more like this.
@GraceWhip Жыл бұрын
You do such a lovely job presenting information in a clear and nuanced way
@mahan.javaheri3 жыл бұрын
You will reach 300,000+ subs by the end of 2021. The content is great, presentation is great, storytelling is great. Keep going man.
@ScottAllenFinance3 жыл бұрын
79k left to go with 6 days left in the year. I believe in Patrick and think his content is uniquely amazing, but I'm not buying calls on this bet.... nor puts... iron butterfly it is! Seriously though, I was really impressed by this video. I wonder how many tens of hours of work this took to make. A ~10 minute KZbin video takes me a couple hours to produce so I really can't imagine how much work went into this. Great job, Patrick! Cheers, Mahan!
@InfiniteEchos3 жыл бұрын
Forget the shirt ..Ponzi was literally so altruistic he'd give a stranger the skin off his own back
@factchecker72003 жыл бұрын
Fact Checked : True ✔️
@chairmanmeow4153 жыл бұрын
Allow me to worship you
@ovrjoydАй бұрын
Altruistic narcissist?
@hyperqprime3 жыл бұрын
Excellent video. I've never heard this story before. The most valuable lesson I've found in this story is find a woman like Rose and give her what she wants. Thank you.
@chachisymphony47542 жыл бұрын
Thanks Patrick-- this was very well put together with such love and care! Appreciate the amazing story and the way you tell it!
@benjaminblackwood4132 жыл бұрын
Recently discovered your channel and just wanted to say how well done your content truly is! This was an incredibly interesting story, and I agree with others that I did not know how morally grey Ponzi was as an individual through his life.
3 жыл бұрын
It's funny how what he believed is similar to many "start ups" nowadays: first, they want to gain traction, so to develop a way to make a profit. The second step is definitely not the easy one... This video is a piece of art. Well done. 295 people were watching this on mute, it's the only reason...
@TimBryan2 жыл бұрын
The difference is only specific kinds of investors (not the average person) are allowed to invest in startups. Basically you have to be able to prove you’re quite alright with losing your shirt on a hair-brained scheme before you can legitimately invest in startups. Ponzi was marketing to the average Joe, and people were dumping their life savings into his company, without being well educated on the risks.
@crisprtalk69634 жыл бұрын
One of the best documentaries on KZbin!! Well done!
@mduduzigama55344 жыл бұрын
One of the best documentaries I’ve ever seen. Why can’t teachers teach history like this? 😂😂
@adamofblastworks15174 жыл бұрын
It takes a lot of effort to make *one* of these. They don't have enough time to make more than maybe one of these over a year, on top of grading things, making new homework and class work, making lesson plans, teaching every school day, etc. They have to maintain a life outside of that too.
@FitByTheLake3 жыл бұрын
@@adamofblastworks1517 True. They can show this doc though.
@hezekiawhite82073 жыл бұрын
Learn it and teach your own children.
@hugokatz3 жыл бұрын
Yeah but he didn't put an Amazon link for the Charles Ponzi hat.
@nhlanhlanene48473 жыл бұрын
Dude! Ngendlela esengiyithanda ngakhona history, I often regret taking it at school... But then remember how boring history was at school. 🤣🤣
@sdk9573 Жыл бұрын
Captivating story that was well delivered Patrick! The one insight into Ponzi's personality that I've gathered is that he seemed to be terribly impacted by people's opinions on him and seemed to be a people pleaser, which doesn't end well for many.
@desertfox4322 жыл бұрын
This is so well done. Thanks for putting this together.
@Ollie_FiveO4 жыл бұрын
I probably shouldn’t have started watching this before beginning my workday. This is really good.
@robertplatte57004 жыл бұрын
this is one of the reasons sick days were invented
@Aurora_Tom_Renton3 жыл бұрын
How they don't make this into a movie is baffling
@rudeonestar3 жыл бұрын
because half the west still use pozi schemes (in various guises) to make money. they dont want the sheep getting clued up now do they ?!?!
@aliterogasolini64013 жыл бұрын
@@rudeonestar You are quite right no one wants it shown but it would be a smash hit, I would certainly love such a movie.
@Karrthus3 жыл бұрын
Or even a movie of Bernie Madoff who conducted the biggest Ponzi scheme in history.
@coreyjackson050123 жыл бұрын
@@Karrthus they made a movie about Madoff called the Wizard of Lies starring Robert Deniro
@Karrthus3 жыл бұрын
Thanks, I'll look it up.
@Blog4Justice4 жыл бұрын
Terrific documentary. 👍🇬🇧
@davianci2 жыл бұрын
Patrick, thank you for a great documentary. I really appreciated the flow, the angles and the narration. The story was very interesting too.
@rhetleonard29682 жыл бұрын
Thanks for producing this account of the man behind the well known name. What a character!
@bluetwister77393 жыл бұрын
Great documentary. Very well produced. Enjoyed this thoroughly. Thank you for making it :)
@erloriel Жыл бұрын
What an absolutely excellent presentation! I like your regular videos a lot, but you obviously also have a real talent as a compelling and interesting narrator.
@MrTeapots3 жыл бұрын
This is very well done thank you. The 2020's are much like the 1920's -- for example every ad I was served during this video was inviting me to participate in some financial scam lol.
@Bystander3335 ай бұрын
Commenting three years after publication, but the amount of editing and research that went into this should leave it as a hardened gem of KZbin history!
@agritech8023 ай бұрын
Patrick, you are a gifted story teller, it's such a pleasure to listen to your videos, thank you!
@BillyLapTop3 жыл бұрын
Excellent presentation! Great backstory and timeline. History lesson at its best.
@mts46114 жыл бұрын
Wow. Amazing content. When I've tried to look up Ponzi scheme origination before, none of the info was quite this detailed. Thanks for the upload!
@epictetus-nicopolis3 жыл бұрын
Perfect storytelling. Wonderful accent. Thanks Patrick for bringing great fun and educational content.
@kelsonlopez15832 жыл бұрын
this was an absolutely beautiful and insightful documentary. better than most movies. what a great story! it has everything even a love story. thank you for making this great video! I learned a lot.
@masstv90522 жыл бұрын
Only 2 minutes into the video, and already that dry witty humour emerges providing the audience a wonderful chuckle, while simultaneously giving Charles Ponzi a sick burn. Bravo, my good man....Bravo.
@user-ys4og2vv8k3 жыл бұрын
The one who launched Bitcoin studied the Ponzi Scheme well, he learned a lot from it, especially about the psychological motives of the masses who maintained the scheme...
@yevocpon3 жыл бұрын
The most impressive thing here is Rose's devotion to Ponzi.
@bomar920 Жыл бұрын
This should be in top 5 documentaries,if not the best documentary. I was glued to my iPad thinking he will be done 😅 but this dude is magical with his tricks and business ideas
@chrispl557 Жыл бұрын
Excellent documentary. Thank you for putting so much effort into this.
@karlachilders11452 жыл бұрын
New subscriber here Patrick. I’ve watched several documentaries over the years about Charles Ponzi. This was the most informative, interesting and beautifully done documentaries on the man and his life that I’ve seen to date. Most documentaries covers just the scam and the surrounding events. I’m always interested in the backstory/childhood. I believe peoples beginning in life absolutely shapes their future. Whether good or bad. So thank you for the deeper dive into Charles’s growing up years and his relationships with his mother and family of origin. And also featuring Rose. His marriage was an integral part of his story overall and should not be ignored. As so many other documentaries only mentioned it as a footnote. I appreciate that you brought her to life to us in such a way that we feel like we actually knew her. Or at least felt connected to her as the flawed human beings we all are. This was so well done!! BRAVO PATRICK!
@TheMelody553 жыл бұрын
'It was the similar time of the cryptocurrency mania of the late twentieth tens'. You just predicted history. Really nice documentary. Thanks.
@andrewkumra10983 жыл бұрын
Knowing what a Ponzi Scheme is but not knowing the history. I just can't believe that a movie hasn't been made about this man and his story. Although dishonest nonetheless a remarkable man.
@misterx62762 жыл бұрын
I only knew the very basics so this video taught me a lot.
@C_R_O_M________ Жыл бұрын
That's an amazing story. What's more amazing is the fact that even though the man had total happiness within his grasp in the form of a loving and prudent wife with whom he was equally in love (a VERY rare occurrence), his own inferiority complex and visions of grandeur, pushed him towards risky and shady business. A very interesting case study.
@sudoo6987 Жыл бұрын
hey pat the documentary was awesome and very entertaining! looking forward to more of them in the future!
@babaganouche96052 жыл бұрын
New to your channel and I am really grateful. I am very cynical of finance, but needed an honest place to learn more for my benefit. I am enjoying your content because you make something I otherwise find dull or scammy interesting.
@ericcookson1684 жыл бұрын
This is so good! Brilliantly narrated and informative.
@helenachase784 жыл бұрын
Great documentary ! You are a very talented man . I saw you on coffeezilla. I never watched him before but now I am feasting on your content !
@PBoyle4 жыл бұрын
Thanks!
@eurabio3 жыл бұрын
What a great documentary, thanks Patrick! We need more.
@NYONAMATENDE2 жыл бұрын
A genius demeanor I must say. Must have been a kind and honest soul too misled by the insatiable appetite to make money, which was engrained in him from early childhood. Refusing to flee even when he had all the money and no one suspecting, receiving early releases for good behavior, taking a fall for his bosses, donating his skin, and the undying love they had with his wife points to mostly a well-meaning man.
@gaberoyalll2 жыл бұрын
Patrick thank you!! you did such an amazing job on this video. you should get an award thats how much i like it !!!!
@leporellothegoldfinch3 жыл бұрын
What a brilliant documentary! I can't imagine the work this must have taken.
@ramjgs11663 жыл бұрын
Awesome podcast with , engaging with simple background music and great narration.
@kylepark81943 жыл бұрын
This is very informative and very well done! You have a gift for teaching/story telling! 👍
@monk3y206 Жыл бұрын
you know... Patrick is uni prof, right?
@Hamboarding Жыл бұрын
Did not know you also make full-lenght documentaries! And it's really f'in' great! Your narration is on point! It's impressive that you make these great videos to learn about how trading works, what all those types of securities, derivatives, swaps and other kinds of financial „products“ are, what the reality of trading is, financial advise, coverage of scams… …and so much more… …and all while working in a hedge fund, having studied in university - having such a profound background for all of this and the same time being able to make compelling videos on KZbin. You are really a gem on this platform and amaze me with every video! A very underrated - although fortunately still doing well and growing - channel that I discovered very late, but hey, now I have so many videos still to look forward to to watch. I've seen documentaries about Ponzi before but *nothing* comes close to this!