Click this link to start your 7-day free trial of Blinkist and get 25% off a premium membership. blinkist.com/patrickboyle
@GahMehGrrrr2 жыл бұрын
brilliant. thanks
@ahmataevo2 жыл бұрын
I know you aren't trying to be a comedy channel. I'm just blown away at the large assortment of obviously ludicrous red flags so many institutional investors and high street firms missed or ignored.
@aidanabregov14122 жыл бұрын
I know you’re an educational/news channel. I don’t think people are being truthful about your video being a comedy. It could be done as a form of damage control for FTX and SBF where people would discuss your video
@DominicGreene722 жыл бұрын
here's the real question, where can i get that stonks figurine in the lower right hand corner?
@petersuvara2 жыл бұрын
Let's buy some bananas and share them with the Monkeys. Sequoia are a bunch of either Bananas or Monkeys. Great work Patrick! Getting better all the time. 😅
@cartershanklin2 жыл бұрын
I spoke to an insider at Sequoia and one of the ways they are tightening internal controls is to require all future portfolio companies to be headed by at least one executive with Diamond or higher rank in League of Legends.
@ian_b2 жыл бұрын
Thank God somebody has the balls to introduce the regulation we need.
@mikesoro50522 жыл бұрын
Possibly a new division as well, dedicated to analyzing the clothes the founder wears and the cars he drives.
@CristianHernandez-3122 жыл бұрын
Diamond hands, diamond hands...
@lilsabin2 жыл бұрын
😂😂😂😂😂
@ian_b2 жыл бұрын
@@mikesoro5052 People underestimate the significance of the length of the founder's shorts.
@jaysee21412 жыл бұрын
Patrick: "I'm not funny, this stuff is not funny" Also Patrick: "It wasn't just sophisticated who put their money in either, Kevin O'Leary invested too." Wonderful
@RandomGuyOnYoutube6012 жыл бұрын
It's not funny, it's true. Kevin O'Leary is not even sophisticated enough to put on pants.
@queenophiuca49992 жыл бұрын
Fuck you. That was better than it had any right to be.
@harryfuller38812 жыл бұрын
In defining the market cap "It's not just people either, monkeys like bananas" I might have to get a t-shirt with that one. I started watching this channel to escape sensationalism, but humor is appropriate here because FTX is itself a joke.
@djsmithe2 жыл бұрын
If it wasn't for the "smart" executives at Mattel, we wouldn't have to put up with Kevin. The executives at Mattel would have invested in FTX too.
@luiul12 жыл бұрын
..... and no "pass the banana" references. got it.
@JA-pn4ji Жыл бұрын
Sam believed, "...everyone in the financial world were idiots." Well, he was right and ultimately proven on that score.
@helloicanseeu2 Жыл бұрын
they'll never get back all the money they gave to sam out of greed , that's why he is right that they are idiots
@factorfitness3713 Жыл бұрын
Not everyone. Warren Buffett was still based.
@bmichael8187 Жыл бұрын
Meanwhile SBF is imprisoned now and for most of his adult life and the financial "idiots" brushed themselves off, moved on, and still enjoying their privileged lives.
@Magic_beans_9 ай бұрын
@@factorfitness3713Buffett has repeatedly said he doesn’t invest in companies he doesn’t understand. That’s one thing that annoys me about the crypto community, they’ll mock people for not investing because they don’t understand the tech, but _that’s the correct response._ Sure, learn more if you’re on the fence, but there’s plenty of time for that. If someone had invested in Microsoft in 2015, _twenty years_ after Windows became a household name, they’d be up 500% or more.
@AlbatrossCommando4 ай бұрын
Thing is he was also in the financial world...
@RDuder2 жыл бұрын
“It wasn’t just sophisticated investors who put their money in either, Kevin o Leary invested too” 😂
@BUSI_882 жыл бұрын
I don't know how Kevin o Leary still has money left with his recent investment picks, it wasn't no more then 9 months ago he was on CNBC stating his bullish case for Facebook after it took its major drop from bad earnings and he said he was buying up the dip and since then Facebook has steadily declined.
@whattowatchrightnow2 жыл бұрын
how did jim cramer miss out on the tulips?
@jonathanbaxter58212 жыл бұрын
@@BUSI_88 I bet he has 95% in an index fund and just throws his weight around with the rest
@iseeyou13122 жыл бұрын
That cracked me up, I knew there was going to be a top comment quoting that lol!
@Ronniezim2 жыл бұрын
So good 😂😂😂😂
@christianpechhold26162 жыл бұрын
It's been a rough week at work but this made me burst out in seriousness. This was the most serious entertainment I had in a while, just gold. If Patrick started an FTX-like scam, I might go broke.
@Poppa_Capinyoaz2 жыл бұрын
He used to be a hedgefund manager, so if you had enough, you probably could've lost plenty with him back in the day.
@Sarah_C682 жыл бұрын
@@buildmotosykletist1987 lol
@ShorlanTanzo2 жыл бұрын
If only Patrick could get his League of Legends ranking up, then we could actually take anything he says seriously.
@cc-dtv2 жыл бұрын
seriously
@TheUmbrex2 жыл бұрын
the dryness and peak delivery is unmatched
@Thepersianpopinjay2 жыл бұрын
Patrick is truly one of the best presenters on KZbin. Not dumbed down but understandable content, clear presentation, and still injects humor to keep you engaged. Can’t believe I didn’t find this channel sooner
@luciaconn67882 жыл бұрын
also his beard is nice
@colemantrebor1610 Жыл бұрын
It’s not funny
@SaHaRaSquad Жыл бұрын
@@colemantrebor1610 ...to you
@NeutralDrow Жыл бұрын
That opening two minutes was like the Financial KZbinr version of the Monthy Python "Biggus Dickus" scene.
@HülyeLó Жыл бұрын
@@colemantrebor1610 Deadpan humor is not for everyone. I, for one, am here for it
@Learz02 жыл бұрын
The fact that some people can't tell if Patrick is being serious or not is somehow the funniest part 😂
@williamhaynes70892 жыл бұрын
Whatever you call it, i like his style
@Gizziiusa2 жыл бұрын
@@williamhaynes7089 i'd say its a type of dry humor. Seriously humorous....Humorously serious.
@josephdouglas52422 жыл бұрын
He was being serious. Didn't you hear him? No jokes in this video.
@jonahfalcon19702 жыл бұрын
@@josephdouglas5242 The monkeys buying bananas with bitcoin? Totally serious.
@jacobcastro18852 жыл бұрын
Just found Patrick today. Still sorting it out.
@itscoleonyoutube2 жыл бұрын
"it wasn't just intelligent investors that invested. Kevin o'leary invested also." This guy is THE BEST
@sailorssea2 жыл бұрын
I had a start face until he dropped this one. it catch me off guard.
@curtwow2 жыл бұрын
He said sophisticated not intelligent so not quite so harsh.
@dinosaurdude56682 жыл бұрын
I caught that joke hidden in the many others. Best comedy channel out there!
@noeldown19522 жыл бұрын
"They somehow got confused that a co-working space with a beer tap was a technology startup." I'm dead
@TheKeksmuzh Жыл бұрын
Just a casual drive by shooting of WeWork in the middle of an SBF video. Brilliant.
@Vooman2 жыл бұрын
I am absolutely taken aback by the fact that "throw mountains of cash at literally every project that comes your way" is somehow a viable business model for these firms.
@TempestaDominus2 жыл бұрын
Something something capitalism
@marilynlucas51282 жыл бұрын
Those VC firms come across as stupid but they are not. 🤣 Throwing other people’s money at projects is how they make money. Some VC firms charge their clients up to 10% a year for investing their money. How much is 10% of a billion a year?
@zerphase2 жыл бұрын
It's how Masayoshi made his money from the Dotcom bubble. Everything was a loser for him other than Alibaba.
@SUPAFUZZED2 жыл бұрын
that's how crypto works during the bullrun
@dereksbooks2 жыл бұрын
Not just VCs, look at Google. How many monumental and nonsensical failures has this company had? The only successes that they have were purchased from independent companies like KZbin and Android.
@Salle792 жыл бұрын
Patrick, not only do you explain it simply, you also illustrate how absurd all of this is, and you do it in a entertaining way to boot. keep being awesome!
@BillClinton2282 жыл бұрын
Listening to SBF speak, it's a wonder anyone invested in his business. He's such an unlikable character, he talks for hours using analogies and doesn't say anything of substance and if someone puts a serious question to him he calls them an idiot in a diplomatic way. It's so bad
@maifantasia36502 жыл бұрын
And the dedicated avoidance to any humour in his delivery ensures that I am not distracted and remain focused on the topic.
@easemailboxes2 жыл бұрын
Entertaining? Your bananas! This is a serious video!
@itemushmush2 жыл бұрын
@@BillClinton228 Hindsight is 20/20
@robbienorton95222 жыл бұрын
@@BillClinton228 yeah, he really seems like a character straight out of Mike Judge's show Silicon Valley.
@LuukvanDijk2 жыл бұрын
I'm not sure if i should be more personally insulted or take it as a badge of honor that Sequoia and Lightspeed declined to invest in my humble startup.
@SuperEH2393 Жыл бұрын
Yes
@antonnurwald57007 ай бұрын
Learn from your mistakes! Get a messy hairstyle and play videogames at meetings!
@allaboutthecharts2 жыл бұрын
“This is a serious video. And if you don’t think so, you just don’t understand how things work in Silicon Valley and that is your fault not mine” Patrick you are a gem!! 😂
@Wulfcry2 жыл бұрын
Gold statement how true 😆
@indahooddererste2 жыл бұрын
you dont invest money you cant waste.
@isaac102312 жыл бұрын
@@Wulfcry what is that first emoji
@rory77842 жыл бұрын
I'm fricken rolling on the floor 🤣
@gmw30832 жыл бұрын
Nice subtle jab at Kevin O'leary. "It wasn't just sophisticated investors who put their money in, Kevin O'leary invested as well."
@MarijnvdSterre2 жыл бұрын
There is always a strange amount of financial information in Patrick's comedy skits
@pixelmasque2 жыл бұрын
i`m suspicious he may know something about finance
@adamfattal4682 жыл бұрын
😆
@PhD.NickRiviera2 жыл бұрын
The comedy writes itself.
@wolfkayakingbahamas2 жыл бұрын
@@PhD.NickRiviera EXACTLY!!! LOL
@sksim6154 Жыл бұрын
Speaking as a Singaporean, I am truly appalled that Temasek seemed not to have done any due diligence on this steaming pile of sh*t ! And Temasek are supposed to be staffed by the keenest and most brilliant financial minds in our country. God help us all.
@drewsarkisian9375 Жыл бұрын
Take heart, there's plenty of these "brilliant financial minds" everywhere in the world. Singapore is not alone in its suffering...
@alperakyuz9702 Жыл бұрын
Eh, if its any condolence the "keenest and most brilliant financial minds" of everyone else didnt fare any better.
@malai-kwainewschannel3302 Жыл бұрын
Everybody should move to Sydney and pray to the gods of Anglosphere!! Hahhahahhahaha
@rvkice237 ай бұрын
Regulators always always never not lose to bullshitters turning wank to cash
@Lorendrawn5 ай бұрын
Imagine you're a low level analyst doing diligence on temasek and your higher up unsubtly tells you to stow it, we're going long no matter what your diligence says.
@ThePlainBagel2 жыл бұрын
Patrick's dressed like he's attending a funeral - not sure if its for institutional investors or comedy on his channel. Nonetheless, thank you Patrick for taking this all seriously and explaining things in terms of bananas so we could better understand the situation.👍
@zlosliwa_menda2 жыл бұрын
You really could learn a thing or two from mr. Boyle. Naming your finance-related channel "The Plain Bagel" and having a plain bagel as your profile picture is very unprofessional. Flippant, even. It shows disrespect to the viewers. When I first came across your channel I was very disappointed indeed that it contained no breakfast-related content whatsoever.
@louisliu5638 Жыл бұрын
@@zlosliwa_menda could be worse. Dr Grande has a plastic small cactus.
@johnstephen3992 жыл бұрын
"In Silicon Valley, online crypto currency trading and banana procurement are the kind of problems that still need to be solved." Patrick hitting it out of the park yet again.
@papertowelthe6th1052 жыл бұрын
I really loved the first 0:00 - 1:20 being very serious and then Patrick doing the thing we always expect from him xD
@ravanpee1325 Жыл бұрын
Yes, because they smuggle cocain in the banana containers :D
@JohnBaskette2 жыл бұрын
Your free financial education and reporting is wonderful and much appreciated. I love your dry humor. None of it makes me take you less seriously. Thank you for your good work.
@alexrobertsfcim2 жыл бұрын
In all seriousness, this video was posted within the last two hours and I'm already seeing closed captions in 14 different languages. Is that you Patrick (if so, bravo) or are the subscribers that diverse, loyal, and translating a 17 minute video that quickly?
@PBoyle2 жыл бұрын
I try to get subtitles out right away.
@alexrobertsfcim2 жыл бұрын
@@PBoyle Being versed in 14 languages is pretty incredible.
@charlesk222 жыл бұрын
@@PBoyle thank you very much for it
@mikhail1132 жыл бұрын
@@PBoyle you know 14 languages? Thank you for your show. Very educational. ☺️
@cnmg71212 жыл бұрын
Of course he knows 14 languages, he also knows how to make banana cake
@andrewliffey2 жыл бұрын
The finance comedy on this channel is great. love it, always entertaining!
@ssl3546 Жыл бұрын
FTX is one of those rare events where the bigger the fallout the better for society, because every single person who is negatively affected by it had it coming.
@guillermofuentes1512 жыл бұрын
Hey Patrick, visualize this: A super app that auto-generates business cases from an AI fed by past pitches to Softbank from failed business ventures and a dictionary of updated technology buzzwords like 'crypto' and 'blockchain' and then prepares sloppy PowerPoint presentations made to look like they're prepared by college kids. Based on the business case theme, the super app then posts job ads on the most related reddit boards to hire the 'executives' that will then pitch those presentations to VCs. The super app will be funded by a ICO tokens with the promise that the tokens will be bought back at a higher price once the businesses eventually materialize. What could go wrong?
@anthonyjohnston16182 жыл бұрын
lol dang that's very clever
@ZRyuKageZ2 жыл бұрын
What could go wrong? You leaking a trillion dollar idea. You were so close to becoming sams neighbour in bahamas
@RushingRussianify2 жыл бұрын
credit suisse wants in
@whattowatchrightnow2 жыл бұрын
update the mainframes. the use of powerpoints has been discontinued. the new term is "sales documents". this probably applies to excel spreadsheets too.
@Paxtiny2 жыл бұрын
The Germans want in. They are always excited to invest in anything that looks colorful. Preferably with the pension / public funds they manage.
@DensetsuVII2 жыл бұрын
Patrick we know you're not a comedy channel, but it often feels that way when the whole financial system's gone bananas!
@dagramirez2 жыл бұрын
Patrick can be serious and make us laugh for bit
@drphosferrous2 жыл бұрын
If you think banana procurement is funny you haven't seen Guatemala
@raul0ca2 жыл бұрын
Rotten bananas give you banana bread but rotten financiers simply lose the bread
@tampabaybuckeye18132 жыл бұрын
G'dmn lucky that it wasn't plantains! It could've been worse. Quit G'dmn laughing already!
@NeotenicApe2 жыл бұрын
I think it’s always been a joke, we just now have the means to find out
@christopherruff49382 жыл бұрын
Patrick, I have just started listening to your videos literally 3 days ago. I respect your content and intent and treat them seriously. What I like about your videos is that your method of delivery and dry wit ensures the key messages are taken on board in a way that for me guarantees retention. Well done Sir.
@ChillinwithChez2 жыл бұрын
I’m not sure how anyone who got involved with FTX can seriously say they did any form of due diligence. Sequoia team were impressed SBF spent their entire pitch meeting playing videogames 😂 sounded like an episode of The Office
@xrunner552 жыл бұрын
Imagine yourself as a partner in Sequoia and SBF makes his pitch and you say "No." While the "valuation" goes up the next day. You wont be a partner the next day.
@mmassie43212 жыл бұрын
@@xrunner55 always a danger eh? But sometimes you gotta go with your gut. Hard to do with that kinda corporate pressure. Never been there so I don't know that particular kind of pressure.
@moochythecat34352 жыл бұрын
Sam Bankman Freid stole everyone's money... and now the Jew is laughing at you...
@maxborn74002 жыл бұрын
I am guessing Seqouia and every other investor was counting on SBF's parents and *their* connections, to survive no matter what. None of them realised FTX was such a clusterf@#k that not even good connections could've saved them from a ponzi scheme of this scale.
@m8x4252 жыл бұрын
I'm not sure what attracted people to FTX in the first place? Any stories?
@susanhsu14302 жыл бұрын
Patrick straight-up roasting us throughout the entire video 🤣
@nevereverlistens2 жыл бұрын
Na, a straight face of a different sarcastic humour.
@markbeiser2 жыл бұрын
He's cereal y'all, super cereal!
@davidmoores7608 Жыл бұрын
No, the subject matter is no joke. You explain serious issues and sometimes goings-on that would otherwise make us want to cry. It takes talent to do that while making us chuckle.
@userunknown76752 жыл бұрын
Patrick, I find the way you talk about these subjects comedic at times and that is a compliment since for a lot of people it gets boring quickly. I started listening to your videos due to the fact that the bits of humor make the information so easy to consume and remember. As somebody for whom english is not their first language the way you present financial stuff makes me really understand it despite a small language barrier.
@dl68602 жыл бұрын
Patrick, please don't take the comments addressing humour as a conflagration of your intentions. It's simply an appreciation of the crazy situation, the tactful delivery you have, and the relatability of that delivery. We appreciate you! Learning about anything is better done with a smile. Thanks for the wonderful content.
@payloh_33282 жыл бұрын
W comment
@danisalusha57392 жыл бұрын
I think he was making a joke here too. His very dry humor is very hard to differentiate joke from seriousness lol.
@sigmundwong24892 жыл бұрын
wooo~~~~~~~oosh!
@michaelhaydenbell2 жыл бұрын
Oh bless your heart...
@zlosliwa_menda2 жыл бұрын
He's feigning seriousness and displeasure with his viewers' supposed immaturity for comedic purposes. Note that he follows his assertions of the seriousness of the situation with even more sarcasm and jokes at the expense of the gullible investors who should've known better. And now the frog is dead.
@smoozerish2 жыл бұрын
As a fellow Irishman I am proud of your contribution to youtube and the world at large. Keep up the great work Pat. 👍
@madmayson Жыл бұрын
might be the funniest irishman on youtube :D
@travisclark71502 жыл бұрын
Patrick you have a gift of humor when explaining finance things. Thats why we laugh and we watch you.
@whattowatchrightnow2 жыл бұрын
stop snickering. he said no snickering this week.
@fadexrucks15982 жыл бұрын
I agree… He cracks me up without even trying
@ripvanrevs2 жыл бұрын
@@whattowatchrightnow I like banana bread.
@cc-dtv2 жыл бұрын
humor? bro, this isn't funny, weren't you listening? repeat. this is NOT FUNNY lmao
@stuartegrin75432 жыл бұрын
Can’t wait to hear the extensive due diligence. The institutional experts went through.
@nitehawk862 жыл бұрын
Oh sorry, they thought it was Dew diligence, and drawn a Mt. Dew instead.
@mylosovich242 жыл бұрын
I love this comment xD RIP the illusion of large finance having their sh*t together... again
@guillermofuentes1512 жыл бұрын
When there's so much cash flying around, there's no time for due dilligence
@reignmack2 жыл бұрын
"I love this kid, he plays video games during important meetings with us, he must be real smart, give him all the money"
@somethinglikethat21762 жыл бұрын
Tbf he was killing it on League of Legends
@CodenameDoubleL72 жыл бұрын
I am usually sceptical of anyone telling me that their business will be everything to everyone.
@J5L5M62 жыл бұрын
You would have simultaneously been my favorite professor and the professor whose wit I feared the most. I appreciate your work, Patrick!
@J5L5M62 жыл бұрын
@Joey Garza I stand for nothing except integrity. Besides, I don't need someone to like me in order to respect them.
@ALaz5022 жыл бұрын
Patrick is the funniest financial KZbinr on the platform.
@K1RTB2 жыл бұрын
I don’t see it. He never laughs at his own jokes so how am I supposed to know if he is trying to be funny?
@Inspectorzinn22 жыл бұрын
@@K1RTBsultry wood elves? Seriously how can you not laugh at that 😂
@OpportunisticOmnivore2 жыл бұрын
@@K1RTB he means to be funny. He’s just so straight about it, it makes it even better.
@Ovyr-f8r2 жыл бұрын
As a German i appreciate . Das ist lustig
@haxney2 жыл бұрын
Didn't you hear him? He's not being funny. This is serious business about serious people who seriously need their bananas. I used to live in Silicon Valley, but I had to move out when I realized there was no app which could provide the banana IV drip all people in the valley require.
@ApplesOranges1232 жыл бұрын
Always excellent. Sometimes with the tongue in cheek or perhaps the truth is just so absurd. Thanks, Dan
@dbensdrawinvids83902 жыл бұрын
I sincerely apologize for making light of this situation in the comments of your last video. Hopefully, no monkeys were severely financially impacted by the collapse of FTX.
@markpukey82 жыл бұрын
A classy apology. I can't see how Patrick won't accept your genuine contrition.
@retroatx2 жыл бұрын
My monkey lost it's 🍌 fund
@freshaquatics36522 жыл бұрын
There were likely more than a few apes
@dbensdrawinvids83902 жыл бұрын
@@retroatx I'm sorry to hear that. Hopefully the market will rally soon and he can start making back what he lost.
@KingOfMadCows2 жыл бұрын
Considering how much money Softbank has been losing and all the shady connections it has, I wonder if Masayoshi Son is worried about being put on the Yakuza or Saudi royal family's hit list.
@samsonsoturian60132 жыл бұрын
It's an investment bank. They invest in everything.
@KingOfMadCows2 жыл бұрын
@@samsonsoturian6013 their losses are close to wiping out their historical gains. They may be an investment bank but a lot of their investors are not very nice people who can make bad things happen to anyone who disappoints them.
@samsonsoturian60132 жыл бұрын
@@KingOfMadCows you don't know that. They own hundreds of illiquid ventures
@MrVenona2 жыл бұрын
Masayoshi Son shouldn't worry about Saudi royal family. It is okay to lose their money. Just don't threaten their power. Because the Saudis can always get more money, but they can't get back their power if they lose it.
@hblee882 жыл бұрын
Anything negative Mr. Son says about his last couple of fiascos may be construed as being anti-semantic or somethin'. 🫣
@marbanak2 жыл бұрын
I've enjoyed and learned so much from you since discovering this channel a short time ago. This is the only video, which puzzles me. So I am viewing it a second time. If you want to avoid being perceived as humorous and witty, then why is the content so humorous and witty? Even while you are asserting there is no joke intended, the visuals, the inflection and the content are a comedic delight. No comparison is perfect, but lemme try this: Years ago I asked a gorgeous lady friend to be my dance partner at a series of dance lessons. "I have no romantic interest in the gal," I told an elderly friend. He called me crazy. "You are plucking the strings, but you don't want to hear the music!" He was proven correct. I humbly submit that this is kind of what we have here. Still, you da' best, Mr. Boyle!
@baddolphin14232 жыл бұрын
So Sam banked on mom and dad's good name. And the VC's (pronounced "easy targets") used relations as due diligence. Morale of the story: if you get introduced to the right people you can scam them.
@RustOnWheels2 жыл бұрын
It’s the joys of being part of an old boys network. Or: having seven ticks / check marks (see Joris Luyendijk).
@DFWFishing2 жыл бұрын
i prefer Sam Bankrun-Fraud
@lorenzomagazzeni54252 жыл бұрын
Uncle Steve mom was in the board of directors of IBM, Elizbeth dad was a big shot at Enron. The apple doesn't fall far from the tree.
@baddolphin14232 жыл бұрын
@@DFWFishing 😂
@b1crusade3842 жыл бұрын
🐂💩. He is White and used the resultant privilege to steal and plunder and knew other Whites would protect him. Black don’t get the chances he go and nor would we be as nasty and evil as SBF is.
@PBoyle2 жыл бұрын
Thanks to our growing list of Patreon Sponsors and Channel Members for supporting the channel. www.patreon.com/PatrickBoyleOnFinance : Marc De Mesel, Paul Rohrbaugh, Nate Stapleton,Timothy Baird, WIlam, Hernan Merino, Random Encounter, Nieuwsbrief Ikwil, Bee Positive Consulting, hyunjung Kim, John Cadena, Ian Tracey, Callum McLean, Oscar, Simon Pena, Ed, Pavle Obradovic, Erik Van Ekelenburg, David O'Connor, Pjotr Bekkering, Alex, Robert W Proudfoot, Robert Muller, Andre Michel, Ivan Iliev, Gopaljee Atulya, Mark Hooker, Artem Vasenin, P H, Sebastian, Michal Lacko, Peter Bočan, Michael Pierce, V Jordan, Gil, HalfwitHam, Mark Brophy, Patrick T, David Urdenata, Juan Valdez, Bruce Roberts, Chad Norman, Bruce Roberts, Shamikh Rana, Friday Guy, Marc De Mesel, Augusto Ramos, Soy Boomer Doomer, Bob Slartabartfast, Robert Feiler, Camil Dbouk, Erik Montesinos, Matthew Loos, Az Indragiri, Aman Bali, Lautaro Parada, Pratap, Deborah Joseph, Robin Sung, Kurt Johnston, Dominik Auerbach, Gurmeet Kaushal, John Hall, Dara Mo, Josef Goergen, Wilbert Cheng, Daniel Talero, Jaroslav Tupý, Trevor Lucey JB Weld, Alex, Carlos Figuera, Peter Pomelov, Null065, Rick Thor, MeBerzerk, Henry Nguyen, Sola F, The Collier, Carlos Mejia, J Wadia, Bitcoin OG, easy boekhouding, Albert, Eugene Jung, Daniel Cervini, Jonathon Yong, Iris Ji, Emil Nicolaie Perhinschi, Charles, Eli Auto, Excks, Michael Li, Par Hedman, Praveen Mishra, Gerard Scott, joel köykkä, Areeb Ahmed, David Wang, Yazan Qaraqish, Rodolfo Cornetti, Daniel Winroth, johnny, Nick Jerrat, Chris Houston, Alastair Currie, Robert Griffin, Andrei, zizi Golo, Fab Vida, Constantin Petrenco, pawel irisik, NotAScam, James Halliday, 22 Dust, Carsten Baukrowitz, Heinrich, Arron T, Ben Brown, Stephen Mortimer (to The Moon), Ryan B. Hicks, Liam, Logan Vrankovic, William Heaton, Paul McCourt, Daniel, Aaryan Koura, Steven, Christopher Boersma, Ulf Lundblad, Dorothy Watson, Greg Blake, Simon Bone, Livermores Quant, The Collier Report, Scott Gardner, The Man Koala, Brian McCullough, Daniel S. Smith, Finance Student, Julie, Mohammad Rehman, James Wallace, Daniel Poellmann, Edosa Odigie, Dixon Yuen, Marek Novák, Stamatis Drepaniotis Michael Smith, Ahmed Hamadto, Chris Davey, Mike Farmwald, Michael A. Mayo, Lachezar Georgiev, Kamet Batra, Bradley Johnson, Sagar Gudi, Michael Chessar, Kate ATL, Tong Cheung, Lady Dje, James Barnes, Chris Hall, Kurt Johnston, ICBM Catcher Juan Valdes, KernelSC, Linn Engström, Veltsh, Konrad P-kala, Pastacat, Adam Vorting, Matthew McQuade, Christopher Lesner, freebird, Kenneth WedMore Lund, erfective, Jason Young, Jonathan Kopnick, Peter Hendrickson, steel, Bastien, Tom Willett, Chris Whitehead, Anil Jason, JOJO, AS7, Greg Thatcher, Ezekiel Templin, MrLuigi1138, Leszek Frankowski, Nam Nguyen, Karim THIBAULT, C, David R. Ingemi, Robert Wave, Dmitri Alexeev, Aaron Rose, Ethan Hernandez, Claude Chevroulet, Adrian, Stephan Marosvary, Louis Julien, Jan Lukas Kiermeyer, Gearoid O Connor, Fredrick Saupe, Subliminal Transformation, Alex McMahon, Adi, Ben, Kurt Mueller, Joaquin Madruga, Janusz Wieczorek, Federico Viscomi, Corgi, Mahdi, Burgerinn, Quinn Cone, QiKaiQian, Stephen, Joshua Rosenthal, Frank Yashar, Michael Smith, Emilian Marius Tudor, Julian Aßmann, Cormac, Ian Shearer, Theodosius the Elder, Michael Kopřiva, Tinni, Goran Milivojevic, chris, Joe Del Vicario, Alexandre Mah, ultima9, Norman A. Letterman, maRiano polidoRi, Stephan Prinz, Gary Yrag, Mattia Midali, Matthew Berry, Ann Williams, Jay T, Gabor, Florian Haas, Shivendra Saklani, Zachary Tu, Jeffrey, Lane Alan Deyoe, Chett Flynn Jonathan Horn, Mo Herbert, Lane Andrews, Justin Thuet, Olaf Thiele, Ivan Ilaev, Todd Gross, Douglas Caldwell, Wade Hobbs, Volodymyr Palii, James Hoctor, Gavotti SGP, Ryne Davis, Jean-Philippe Lemoussu, Keanu Thierolf, Grizzly Grey Bear, Muhammad, Michael Chow, Stefan Alexander, Miroslav Ognyanov, Scott Guthery, Vanya Davidenko, Arto Karhu, James Bache, Jason Harner, Dale Patch, Stefan Penner, Mischa Trunz, Arvid, Eric, Jonathan Metter, Junhong Low, John Way, Maria Baker, Luke Solomon, Sharath Vulupala, Keith Elkin, Chris Nicholl, Luis Carmona, Vinci Chan, Olivier, Yasha, James Yoh, Eduardo Martinez, Adi Blue, Swain Gant, georgejr, hyeora, old gambling art bag, Boussaken, Lukas Braszus, Vik, Chris Albertson, Sprite_tm, Anurag Kumar, matt f, Douglas Caldwell, Adgn, Ronald London, Chris Rock, Tuan Nguyen Minh, Daniel Baak, Jeremy King, Maria, Julien Debache, M1, Dougald Middleton, Tom, Diarmuid Kelly, Subodh Kafle, Gregory Mahoney, Angelo Rauseo, Kirsten Banuelos, Ryne Davis, Era, Anne Molphy, Ekaterina Lukyanets, Alfred, sugarfrosted, Okkie, rswaggs, Larry, Sarah, miilo, EatEmAll, Alexandre GUYAMIER-CROISSANT, Alex C, Tobias Kunkel, Henk S, Noel Kurth, John Tran, Daniel Soderberg, Daniel Ralea, Steve Crotti, Shaun Deanesh, DaFlesh,Nathan McIntosh, Dominique Buri, Florian, B P, Manmeet Sheera, Stephen Walker, Richard Stagg, Bo Grünberger, Justin Sublette, Glasphemy, Zackk, R, Omega Universas, Liam Proctor, Paul Twilley, 인기 김, Dennis Arthur Rose, Louis Görtz, Robert Stewart, Arjun K.S, josef strand, Simon Crosby, Alex Do, Minnah seoh, Ljube Boskovski, Bertrand Barroux, Jacob Snedaker, Edgar De Sola, Izidor Vetrih, WhiskeyTuesday, Vic Tan, Compuart, Felix Goroncy, Nick Top, Anita Mui, C.J. Christie, lazypikachu23, Olivia Ney, Steven, Adam Pomerenke, Jordan Millar, Reagan Glazier, Viki Rebic, Adrian, Adam Kobus, Ryan Law, KoolJBlack, Deborah R. Moore, Alonso Ibarra, sam, Dru Hill and Yoshinao Kumagai
@francescoghizzo2 жыл бұрын
Loved the NYMPH plate on the rear of the car 😁
@Insanesibak2 жыл бұрын
the style with which you hand out sizeable amounts of shade in your videos is just amazing. love it!
@DreamHHS2 жыл бұрын
I love you Patrick! I came for the financial analysis and stayed for the dry humor. I try to explain your comedy to my wife but she usually gets bored midway through so I think there’s some real info in there. Lol love the content!
@TheLizardKing7522 жыл бұрын
He reminds me a bit of Andy Rooney from 60 minutes, but even drier.
@jefft85972 жыл бұрын
Reminds me of Bob Newhart back when he did dry deadpan comedy.
@reup6582 жыл бұрын
British comedy
@OpportunisticOmnivore2 жыл бұрын
My husband watches no KZbin (I watch a ton) but several times he’s walked through the room while Patrick is on and says “does this guy know he’s funny?” Or “He really hides his jokes.” Yes. Yes he does. To both.
@desertdude5402 жыл бұрын
It's amazing how so many venture capital firms are unwilling to apply even the most basic "Would you buy a used car from this man?" test.
@frevazz33642 жыл бұрын
VC: but he has a Corolla!!!! 😂😂😂
@largebills3372 жыл бұрын
Well his name is BANK MAN. He MUST know what to do with money. Right?!?!🤯
@venerable_nelson2 жыл бұрын
@@largebills337 This Bankman is Fried.
@nocensorship80922 жыл бұрын
These Vc firms are run by blustering idiots of the same caliber as our genius politicians
@brettstarks1846 Жыл бұрын
The problem is that they simply have way too much wealth to the point where it’s play money. From what I’ve observed, very few VCs are savvy investors, and simply throw a bunch of money at the wall until something sticks.
@kenshields82652 жыл бұрын
You have an interesting style, Patrick and it's obvious you know your stuff. "Due Diligence" means different things to different people but there couldn't have been any serious due diligence when the financial records are so screwed up. It seems certain that greed ruled and SBF knew how to play to that.
@gathuonjoroge17362 жыл бұрын
Patrick is by far the funniest serious finance content creator there is. You have a gift to educate, elaborate and entertain.
@SydneySewerat2 жыл бұрын
So Patrick, how can we get VC's to give us millions and what video game do you reccommend we play during the after pitch discussion?
@honkhonk80092 жыл бұрын
Fortnite. Most definitely. Its what all VC's are gunning for.
@Aquatj9992 жыл бұрын
Factorio or Satisfactory will suffice. Show them you can be efficient and optimize virtual factories instead of real ones.
@christianpechhold26162 жыл бұрын
I think SBF's issue was the banana part. Eggplant is today's banana. Copy what SBF did, maybe in the Cayman Islands, and tell VCs about crypto eggplants while playing Candy Crush.
@headlessfool70502 жыл бұрын
I'd think streaming Warframe to them would be a rather USP .
@voxfan74032 жыл бұрын
The Dutch tulip bubble of the 17th century made more sense than the FTX bubble.
@frevazz33642 жыл бұрын
Atleast in the Tulip mania after the market collapsed there were nice flowers left. With this is nothing, other than some real estate assets purchased with stolen funds which won't be anywhere near the amount lost.
@danielschein68452 жыл бұрын
I'm putting together a very bad power point right now for a company that will make an app that allows users to trade in Dutch tulip bulbs. Tulips have been down for quite some time and are well overdue for their big comeback. I'm also pretty good at Angry Birds.
@lornarettig32152 жыл бұрын
Take my money!!!
@rmalcordia18182 жыл бұрын
Shut up and take my money!
@ms-jl6dl2 жыл бұрын
I'm Dutch and I'll sell you mine for a bag of dogecoin.
@Lonovavir2 жыл бұрын
Funny that, I was going to re-start the French Mississippi Company and sell Real Estate in the New World, can we combine Tulips with my scam............ magnificent investing opportunity?
@danielschein68452 жыл бұрын
@@Lonovavir Depends. Do tulips grow well in Louisiana?
@GralBank2 жыл бұрын
His sarcasm is off the charts. Patrick’s videos are always a joy to watch.
@chasingfinancialindependence2 жыл бұрын
This is a fantastic channel. Thank you for all you're doing to explain complex financial situations.
@RustOnWheels2 жыл бұрын
I am completely disinterested in anything investment related, but somehow your serious videos keep me invested in them. In all seriousness.
@kirkdemadaler70412 жыл бұрын
Personally, I really like your deadpan delivery especially the "bit of humor" intertwined with the story details otherwise it might be a little boring...not to underestimate the effect these losses will have on real people's lives in any way. My vote is to stay the same and ignore the trolls.
@julieta2032 жыл бұрын
I see both the humor and serious message in all your videos and the delivery is perfect.
@nennoable2 жыл бұрын
Mr. Boyle, I'm a finance nerd (and not into bananas) and I do find the technical content of your videos to be absolutely on point and made by a seasoned money manager, but it is also true that your delivery (the Irish accent, the impassibility of the monotone voice AND the Irish humour) also makes for excellent comedy moments. I mean, your very terse comment about monkey JPGs as an asset class made me laugh out loud despite the seriousness of the topic. Keep it going! :)
@fadexrucks15982 жыл бұрын
I can’t tell if your intro was satire or real. Just in case it is real. You’ve got a unique sense of humor that cracks me (and I’m sure many other people up)
@monicaxirireland99962 жыл бұрын
its an interesting point, everyone is looking for a comedic angle on things these days. When FTX went down lots of ordinary people lost almost everything with no recourse. This is serious business. Its great to see someone taking the responsible adult approach with the experience to back it up.
@monicaxirireland99962 жыл бұрын
I see Patrick or his admin deleted the whattsapp pretending to be him, well done for looking after your members!
@jasonjones23292 жыл бұрын
@@monicaxirireland9996 I'm amazed people actually fall for it. I made a joke to one of them once, they thought I was serious and responded to me. I thought about contacting one and seeing what their scam is, but was afraid I'd get charged or hacked somehow.
@monicaxirireland99962 жыл бұрын
I agree, I don't interact with them, hacks and frauds are so complex these days. It's good to have Patrick to help us navigate a bit!@@jasonjones2329
@steviesevieria1868 Жыл бұрын
Yup, Patrick is stone funny! And educational too.
@supertuscans9512 Жыл бұрын
The man is both brilliant and hilarious. He might have the best sense golf humour on YT but I fear it’s passing you by.
@brianomalley10342 жыл бұрын
The real problem with SBF is that his vision was actually too limited. What about people who don’t like bananas, or fruit in general? If he expanded his pitch to include other foods he might not be in his current situation. For example, including carrots would allow him to add rabbits as users of FTX
@TheAvengineer2 жыл бұрын
Hard agree - I personally would've been much more easily duped into it if he had offered up strawberries myself - I'm not a terribly big banana guy, and I credit that to my successful avoidance of FTX.
@JonRodgers772 жыл бұрын
Patrick, you explain complex finance issues and topics,in a approachable, relatable and entertaining way, this is the mark of a great communicator( a rare talent) , please keep it up. Well done sir
@Mrtheo312 жыл бұрын
The slide from his PP presentation at 12:39 is pure gold, god bless you Patrick
@laserbeastman74472 жыл бұрын
Thank you for this totally serious video. I did not laugh out of respect, as you said it was not a joke.
@davidscott58982 жыл бұрын
I too have respect for the precision and sober reflection of this video, yet I still lost bladder control on several occasions while watching. Does this mean I am suffering from a UTI?
@samsonsoturian60132 жыл бұрын
The humor writes itself with this one......
@christinecortese99732 жыл бұрын
@@davidscott5898 I was just going to comment about my own bladder issues. Very strange.
@one42chrisp2 жыл бұрын
@@davidscott5898 No, just pelvic floor dysfunction 😂
@OpportunisticOmnivore2 жыл бұрын
@@samsonsoturian6013 truth “a total addressable market of everyone on the planet” 😂😂😂 the jokes are in the actual docs! FTX is just so funny (so long as you don’t have your OWN money in it… which any sub of Patrick knows better than to do).
@labynoe2 жыл бұрын
“Now of course while people do make $8 billion mistakes all the time, it’s likely that we’re instead looking at a huge fraud.” How he says this without bursting out in laughter shows Patrick Boyle is a man with tremendous self-discipline!🤣
@StephenGillie2 жыл бұрын
Only make huge mistakes, never small mistakes.
@YannisFyssas2 жыл бұрын
The bigger the lie, the less we ask why.....
@beldiman58702 жыл бұрын
Exactly! Patrick is showing so much respect for his audience that he never laughs at his own jokes, he lets the audience to judge the quality of his message.
@cold_jay2 жыл бұрын
Timestamp please
@YannisFyssas2 жыл бұрын
@@cold_jay would you settle for a regular postage stamp?
@retrogamer25482 жыл бұрын
My whole extended family moved here to Texas from the Philipeans. They all lost their life savings in FTX. We are glad everyone purchased houses in 2020. They are able to get Heloc and will live off the house from now on.
@dave85992 жыл бұрын
Their life savings in one company? Not very bright.
@thedwightguy2 жыл бұрын
@@dave8599 Pinoy "invest" together and that makes them vulnerable. Same con happened in Hawaii.
@milkman27582 жыл бұрын
I love this channel for the serious analysis, the no joke presentation style, and the grave tone of delivering the information. Not at all for the laughs.
@bamakaze2 жыл бұрын
You have a natural ability to delivery dry comedy, intentional or not, do not let that talent go to waste. In my opinion, you can be a subject matter expert and deliver knowledge in a fun way at the same time. Funny and knowledgeable are not mutually exclusive.
@adrianjanssens71162 ай бұрын
Relax Patrick. I understand your distress at getting comments from humorists. I was laughing out loud after reading only a few and I still respect the quality and sincerity of your work. Keep doing what you do so well and cheers from Canada.
@lolkthnxbai2 жыл бұрын
I recently watched a talk with Cathie of ARK , Elon, Dorsey and concluded that sequoia capital is not alone. Watching Cathy was like a bot that would fail a Turing test in five minutes.
@fernandaalario50912 жыл бұрын
ARK is now renamed TITANIC.
@sinfulhappiness2 жыл бұрын
I watch that talk almost everyday, from many different channels, and have concluded that this is accurate.
@Tunafishyme2 жыл бұрын
I’ve worked for Bain and spent time in the Private Equity Group. We don’t do management due diligence, that is on the fund. We look to validate market growth rates, competitors analysis, profit pools, etc.
@michaelwisniewski60472 жыл бұрын
I'm wondering who did the FDD for Tiger, though. Another Arthur Andersen to be?
@vprwave2 жыл бұрын
@@michaelwisniewski6047 Yes, yet If there was ONE, the name would have been on the table already, with so many prof investors needing a scapegoat.
@vprwave2 жыл бұрын
Patrick was not saying management due diligence, when he quoted Bain being contracted by Tiger for an assignment.
@thenomadista25502 жыл бұрын
I love your dry humor. Thanks for delivering content that goes beyond what other videos delve into. I always learn something new from your videos!
@samsonsoturian60132 жыл бұрын
To be fair, they thought they were investing in a casino
@skoc62272 жыл бұрын
That's hilarious haha
@patienceobongo2 жыл бұрын
Always a good money laundering method.
@Troy_Built2 жыл бұрын
They were.
@jasperhorace71472 жыл бұрын
@@Troy_Built Rigged, like all casinos so that only the Bank (er) (man) can win.
@patienceobongo2 жыл бұрын
@mipmipmipmipmip yeah, it was created as a cover for them
@benjaminmatheny66832 жыл бұрын
I really like the dry jokes with informative financial news combo. keep up the good work!
@Havoc10192 жыл бұрын
I listened to this video today after I had listened to the new Bankruptcy CEO of FTX testify. You were spot on 2 weeks ago when this video was posted.
@robertosmmjlist2 жыл бұрын
The simplicity and elegance of your statements is only matched by their devastating honesty!! Some of the best financial info on the internet! Thank you.
@monicasmith9362 жыл бұрын
I absolutely love the way Patrick Boyle delivers information..!! * I have a smile on my face, the entire time *
@razzjaxx2 жыл бұрын
Undoubtedly the most in-depth content I have seen this week re: banana procurement. Thank you, Patrick!
@FPoP19112 жыл бұрын
Patrick is just showing us how efficient market and rational actors make up the world we're living in.
@abatesnz2 жыл бұрын
And Sam is showing us how markets work too, in his own way.
@mirzosharifjalolov42472 жыл бұрын
You are genius in explaining complicated financial matters with a pinch of humour, Patrick.
@kalebbruwer2 жыл бұрын
There is not a pinch of humour in this entirely serious video, what are you talking about?
@davida26532 жыл бұрын
excellent Patrick as ever. I suspect once the first big name VC (Sequoia ?) was known the others rushed to join the 'Casino party' and SBF found himself, very quickly, in great demand. Amazing that nobody questioned his philanthropic extravagance.
@SmallWonda2 жыл бұрын
I think you have a huge talent in being able to explain to a wide audience how inept and potentially reckless the actions of this outfit were - in an entertaining and ironic way - which can be hilarious. Which is great as we are not all fiscal genus's & as dreadful as the content is, it can be difficult to grasp how so much $$$ can vanish! Most of us can't fathom this amount of money, so if you can get the message out there, which Mainstream Media seems to be ignoring, then this is a very positive result. I just hope these scammers don't get away with ripping off investors in this shameless way. Thank you.
@Ben-bg1dn2 жыл бұрын
I actually worked on a due diligence team for an investment OTPP was considering in 2018. I can’t believe FTX passed (considering that they backed out from the way less risky, although still quite risky investment, I was advising on)
@nejdalej Жыл бұрын
When I saw that KZbinr with SBF calling him the 'world's most generous billionaire', I knew his shtick was bullshit. The words just don't match. If you're that generous, you wouldn't be a billionaire.
@allottashit81182 жыл бұрын
Banana Procurement is one of the BIG issues facing this generation 😮
@Hossak2 жыл бұрын
It keeps me up at night :(
@kyneticist2 жыл бұрын
As a symbol of the worlds most serious and eminent states and republics, their acquisition and issuance is vital. I honestly don't know if there are any current economies that aren't pursuing this status.
@lfcatchall2 жыл бұрын
I think people understand it's not meant to be funny but you do have a dry wit and it is not lost on many of us. It's an intellectual educated humor that elevates the backstory. Love your work. Take care.
@JustaFatBoi2 жыл бұрын
I don't think he is seriously requesting us to stop laughing when the whole thing is a comedy show.
@westwindsailer2 жыл бұрын
@@JustaFatBoi dark comedy... frigging disaster full of incompetence by supposedly knowledgeable players..ie Ontario Teachers Pension 100 mill lost. A head or two " should " roll.
@lauradana222 жыл бұрын
The sad part is that we are not investing in producing ”value” we are in investing in producing ” more profits” and think the two overlap perfectly, and then we ask ourselves why we failed.
@Kveldred Жыл бұрын
Yeah! 'Course, it's hard to quantify value, when deciding what to invest in, and everyone's definition will differ... hmm... _Maybe_ we should invent a way to track the "value" an entity produces? Like, maybe some sort of fungible token we can give to entities that provide some sort of value for us? _And_ it could also be exchanged for concrete valuables, like food or cars, so companies will *want* the tokens. That way everyone is incentivized to produce value, and everyone can "vote" for their own judgment of "value". The more of these tokens a business obtains, the more people found value in it. THAT is what we should be investing in, you're 100% right! ✊ ...But what should we call it when a company returns lots of these tokens (thus showing how much value they're creating)? Progget? Tuggit? Foprit? _Proddit?!_ I just can't think of a good term.
@user-ne4ld3jp6i8 ай бұрын
@@Kveldred The sarcasm is nice, but it misses the point. When the measure becomes the target, it ceases to be a good measure.
@Kveldred8 ай бұрын
@@user-ne4ld3jp6i Without rancor: reading the message behind my initial comment as "lol sarcasm" *is,* truly, missing the point. The sarcasm only works because the comment _does,_ in fact, point out how the premise ("let's aim at producing value") leads naturally to the same concept OP was attempting to criticize. I.e., the comment provides the outline of an argument for profit being one of the best measures of value heretofore devised. (Conversely, someone who proffers _"but what if everyone just agreed upon and did the right and best thing without need for any proxy?"_ as a useful and important "analysis" is probably not possessed of any actual insight - but they certainly seem to *think* they do, often.) If I went a little hard on the sarcasm, well... I just become weary of OP's brand of facile and unconstructive "criticism". It's like some people never left the "stoned teenager" phase of their mentation. So - *profit* and *value* aren't synonymous, no; but _"gosh if only people wanted to produce value... the problem is profit, that thing totally unrelated to value!"_ ...is the idea of a simpleton.
@Kveldred8 ай бұрын
@@user-ne4ld3jp6i Reading the message behind my initial comment as "lol sarcasm" is missing the point! (And I say this as the point-crafter for that comment, so, y'know, I'd know.) The sarcasm only works because the comment _does,_ in fact, point out how the premise ("let's aim at producing value") leads naturally to the same concept OP was attempting to criticize. I.e., the comment provides the outline of an argument for profit being one of the best measures of value yet devised. If I went sort of heavy on the sarcasm, well, forgive my weakness, please; this brand of facile and unconstructive "criticism" (beloved of teenagers and the really high) is just... wearing. Someone who proffers _"but what if everyone just agreed upon and did the right and best thing without need for any proxy?"_ as a useful and important "analysis" is probably not possessed of any actual insight... ...but they'll offer their best facsimile anyway, you can be sure! So, in any case - *profit* and *value* aren't synonymous, no; but _"gosh if only people wanted to produce value... the problem is profit, that thing totally unrelated to value!"_ ...is the idea of a sîmpletøn.
@Kveldred8 ай бұрын
@@user-ne4ld3jp6i Reading the message behind my initial comment as "lol sarcasm" is missing the point! (And I say this as the point-crafter for that comment, so, y'know, I'd know.) The sarcasm only works because the comment _does,_ in fact, point out how the premise ("let's aim at producing value") leads naturally to the same concept OP was attempting to criticize. I.e., the comment provides the outline of an argument for profit being one of the best measures of value yet devised. If I went sort of heavy on the sarcasm, well, please forgive my weakness; this brand of facile and unconstructive "criticism" (beloved of the 13-18 and the "really high" demos) is just... wearing. Someone who proffers _"but what if everyone just agreed upon and did the right and best thing without need for any prxy?"_ as a useful and important "analysis" is probably not possessed of any actual insight... ...but they'll offer their best facsimile anyway, you can be sure!
@justsayinit67892 жыл бұрын
Im excited every time there's a new video, because I know i'm going to learn something, and also get smashed by a killer deadpan delivery. Another amazing delivery Patrick.
@tehwicked12 жыл бұрын
I have to say, I have only recently discovered your channel, and it is fantastic. To be fair, I've only recently pulled my head out enough to be an adult and pay attention to financial situations in the US or to invest in my future. Much appreciated, my friend. Be well and take care.
@jeova0sanctus0unus Жыл бұрын
So you are NOT a comedy channel? Because ive been watching your videos as comedy for hours now, and its been great.
@CatFish1072 жыл бұрын
Yah know, I was doing chores, listening to the latest coffeezilla, thinking Patrick has great financial info, and one of the best deadpan, straight deliveries I've ever witnessed. Sure enough, next up on the queue was this mightily serious vid.
@ICake4s2 жыл бұрын
The comedy is why I am here and interested and surprisingly it keeps me focused and engaged enough to learn more from the video. Keep up the good work!
@russredman6427 Жыл бұрын
Your presentation style is very good and I enjoy it ..packed with wisdom. Thank you keep em coming Patrick
@migy50312 жыл бұрын
Thanks Patrick! I’m enjoying your videos far too much. Your understated wit and ability to explain complex matters are equally impressive! 👍
@thepatchface72362 жыл бұрын
Your videos are not comedy but with such a silly set of circumstances that fill in the details of this situation....hilarity will arise no matter how serious we try to be sometimes. Thank you for the great information, always
@steviesevieria1868 Жыл бұрын
His videos are not comedy, but they all contain plenty of laser-sharp humor.
@jointco19 күн бұрын
Im proud to say this is my most fav YT channel! love it all the way!
@beldiman58702 жыл бұрын
Patrick is the standup comedian for the world of Finance. Great jokes without any backup laughter from the audience😁.
@Ifraneljadida2 жыл бұрын
I think we should highlight the VC firms that turned down the opportunity to invest. It'd be nice to know the names of the companies that did a good job in due diligence/judgment; they deserve recognition for it
@adissentingopinion8482 жыл бұрын
You've got the right mind; some of the very best become should infamous for consistency, but an unleveraged diversified portfolio just isnt exciting enough.
@siddharthbirdi2 жыл бұрын
Apparently, Chamath got told to fuck himself by FTX people, when he sent them a series of suggestions, including creating a board of directors etc.
@nicedubs81632 жыл бұрын
Thank you for keeping to the important details. Right now feels exactly like the moment in the film "The Titanic" right after the ship struck the iceberg and the guests on deck are laughing and kicking the ice chunks around.
@Gizziiusa2 жыл бұрын
This ship cant sink!!!! Oh, I can assure you, this ship is mostly made of metal. It can and will sink.
@steviesevieria1868 Жыл бұрын
I don’t think the original comment here is saying anything. Am I wrong?
@chitzkoi2 жыл бұрын
As the dust settles about this whole thing, a deeper dive into SoftBank as it is now would be hugely appreciated. What keeps the lights on over there?!
@realnapster15222 жыл бұрын
Yakuza money?😂
@mikeday5802 жыл бұрын
As I understand SoftBank the light is provided by the glow of burning money.
@djackson19712 жыл бұрын
I agree, SoftBank seem to be involved in every dodgy investment going. They must have lost a fortune.
@sorryi66852 жыл бұрын
Softbank entire strategy is invest in everything.
@guydreamr2 жыл бұрын
Patrick vividly illustrating how Efficient Market Theory often works in actual practice.
@brettstarks1846 Жыл бұрын
I love your dry style and explanations. Keep up the good work!