The Five Biggest Insider Trading Scandals

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  • čas přidán 12. 09. 2024

Komentáře • 695

  • @PBoyle
    @PBoyle  Před 3 lety +69

    Today’s video is sponsored by ProFundCom, the experts in digital marketing for asset managers. Check out their website: pfc.ltd/?NzM2OA

    • @cedwardmassey
      @cedwardmassey Před 3 lety +3

      The last one is Bondesque. But, it really reminds of #TheTakingOfPelham123.

    • @Adam-pv4qn
      @Adam-pv4qn Před 3 lety +1

      You should make a video on how leveraged etf's work.

    • @kungfujoe2136
      @kungfujoe2136 Před 3 lety +2

      insider traiding ? like nancy pelosi buying stock right b4 a company gets a big government contrackt?

    • @john6291
      @john6291 Před 3 lety +3

      hands-down best quote about Steve Cowen.. buying the Mets just so he could find out what it was like to lose...

    • @Adam-pv4qn
      @Adam-pv4qn Před 3 lety

      @TryllaTröllMaistre Fictitious Fables of Europa wdym?

  • @Coffeezilla
    @Coffeezilla Před 3 lety +1574

    Whoever told Patrick to say "fo shizzle" needs to be brought to justice.🚓

    • @alwinantony9878
      @alwinantony9878 Před 3 lety +82

      The 10 million dollar studio guy...

    • @Thatninetykid
      @Thatninetykid Před 3 lety +23

      Crimes against humanity

    • @dean_l33
      @dean_l33 Před 3 lety +11

      @@Thatninetykid In cards form

    • @michaellopez2070
      @michaellopez2070 Před 3 lety +15

      Time for an investigation.

    • @TsarOfRuss
      @TsarOfRuss Před 3 lety +17

      Dude, some respect.. you say "Mister" when addressing an elder, especially if you want to say his name

  • @cosmo6064
    @cosmo6064 Před 3 lety +177

    "Minimal experience...sorry, minimal investing experience" Pure gold, sorry, pure bitcoin

  • @alphadingabisi174
    @alphadingabisi174 Před 3 lety +582

    "Neither me or my audience has any time for any boring fraud" 😭😭

    • @thomas316
      @thomas316 Před 3 lety +51

      When I was a child I discovered that I could "win" an unlimited number coupons for free Mars bars (and other Mars Corp. products) in a competition they where running, yet my fraud has remained undetected all this time. The perfect crime? 🤔

    • @dvdm4709
      @dvdm4709 Před 3 lety +55

      @@thomas316 Not anymore, book em boys

    • @seneca983
      @seneca983 Před 3 lety +7

      @@thomas316 Did you fill your room with those coupons?

    • @thomas316
      @thomas316 Před 3 lety +20

      @@seneca983 I haven't eaten a Mars bar, Malteser or Twix since. As the old warning goes "Be careful what you wish for, you just might get it."

    • @thomas316
      @thomas316 Před 3 lety +11

      @@dvdm4709 Is it the sweet childs fault or the fault of a capitalist corporation for designing a competition in which the number of entries where unlimited and there was no nominal cost to entering? 🤔

  • @marcsman07
    @marcsman07 Před 3 lety +554

    I like the small, subtle, deadpan jokes.

    • @trj1442
      @trj1442 Před 3 lety +11

      Me too.

    • @aeaswar
      @aeaswar Před 3 lety +5

      Please do more of that

    • @DodZz666
      @DodZz666 Před 3 lety +23

      For shizle

    • @veerkar
      @veerkar Před 3 lety +6

      'he had the good sense to marry a wealthy woman' - so subtle and so hilarious

    • @jcrow2996
      @jcrow2996 Před 3 lety +5

      She didn’t have “experience “ 🤣

  • @goatface6602
    @goatface6602 Před 3 lety +26

    I still don’t know why they were so mad at Martha Stewart. $45K is meaningless on Wall Street. Her guilt is questionable also. She must have pissed off a really big fish!!

    • @MarcosElMalo2
      @MarcosElMalo2 Před 9 měsíci

      She got caught up in the investigation of the bigger fish, but she was too high profile to ignore. She was convicted of obstruction of justice, not insider trading, because she lied to investigators. If she hadn’t lied, she would have had a very good chance of avoiding prosecution entirely or prevailing in court.
      But she was dumb to make the trade in the first place, because she’s worth a frikkin billion dollars.

  • @sbdsoill
    @sbdsoill Před 3 lety +27

    What a burn! "He bought a stake in the Mets just so he'd know what it's like to lose"

  • @stevej3483
    @stevej3483 Před 3 lety +149

    Forget insider trading, I want to know how Boesky married upwards?

    • @karimghandour5998
      @karimghandour5998 Před 3 lety +26

      Yeah he’s ugly asf

    • @seneca983
      @seneca983 Před 3 lety +10

      @@karimghandour5998 I'd say Seema Silberstein is on a similar level in terms of looks.

    • @claudiamunezero9904
      @claudiamunezero9904 Před 3 lety +3

      @@seneca983 hahahahhaha😂😂😂

    • @zatarawood3588
      @zatarawood3588 Před 3 lety +8

      The three best ways to get rich are Inheritance, Marriage and / or Divorce.

    • @dean_l33
      @dean_l33 Před 3 lety +5

      @@zatarawood3588 Yeah the richest woman alive is Jeff Bezos ex-wife

  • @Foolish188
    @Foolish188 Před 2 lety +74

    I never understood why Martha Stewart lied to the investigators. All she had to say was that her stockbroker had called and recommended selling the stock. A common, everyday call. Was she trying to protect the broker?

    • @samsonsoturian6013
      @samsonsoturian6013 Před rokem +2

      She may have realized she could get in trouble when the authorities called.

    • @jamesodell3064
      @jamesodell3064 Před rokem +20

      She also could have said and should have said, talk to my lawyer.

    • @mariapilarme
      @mariapilarme Před 11 měsíci +9

      She was charged with obstruction of justice not inside trading. 4 months in jail. She probably didn’t wanted to reveal her informant! In my opinion she came out a different person, much happier and open.

    • @tolep
      @tolep Před 11 měsíci +3

      @@jamesodell3064 Ah yes, the famous "Don't talk to the police" video.

    • @Dj.MODÆO
      @Dj.MODÆO Před 9 měsíci +2

      Snoop taught her not to snitch or talk to the five-O, and surprisingly she turned out to be a real one ready to ride or die.

  • @trade_design23
    @trade_design23 Před 3 lety +158

    Informative, entertaining and no background music. A class act. Strong Work, Mr. Boyle.

    • @sgrant39
      @sgrant39 Před 10 měsíci +1

      Yes!!! No stupid background music

  • @xntumrfo9ivrnwf
    @xntumrfo9ivrnwf Před 3 lety +54

    My very first day working at an investment bank, everyone in my class had to sit through a half day course about how the FCA will arrest you, your mother, and your friend's 2nd cousin in Mozambique who traded on the info you passed along

    • @DanOneOne
      @DanOneOne Před rokem +5

      oh god, I need to go to Mozambique... :)

  • @deansundquist9601
    @deansundquist9601 Před 3 lety +59

    "For shizzle" (while dressed in a suit) and "Yes she had 3 jobs and was trading on the side"
    I love the little drops of comedy.

  • @whatsinaname5384
    @whatsinaname5384 Před 3 lety +76

    Good work, Agent 47.
    Hoping too see you again with a new assignment. 😄

  • @Whaderder
    @Whaderder Před 3 lety +33

    “I don’t know what that means, a young person told me to say it” 🤣

  • @fingersm
    @fingersm Před 3 lety +110

    So thankful that i found this channel. This guy is absolutely fantastic!

    • @savage1267
      @savage1267 Před rokem

      Ikr! (Hey, there's an audio-only podcast, if that's of interest to you.)

  • @PBoyle
    @PBoyle  Před 3 lety +43

    Thanks to our growing list of Patreon Sponsors and Channel Members for supporting the channel. www.patreon.com/PatrickBoyleOnFinance Marc De Mesel, Annie Chen, Nate Stapleton,Timothy Baird, WIlam, Robertas, Hernan Merino, Random Encounter, Nieuwsbrief Ikwil, Bee Positive Consulting, hyunjung Kim, John Cadena, Ian Tracey, A Smith, Callum McLean, Oscar, Simon Pena, Ed, Pavle Obradovic, Erik Van Ekelenburg, David O'Connor, Zak Patterson, Pjotr Bekkering, Drew, Alex, Robert W Proudfoot, Michael Boensel, pooh shmoo, Robert Muller, Andre Michel, Ivan Iliev, Gopaljee Atulya, Milan Tomic, Mark Hooker, Artem Vasenin, P H, Sebastian, Michal Lacko, VicMR, 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, Cogitecture, Jaroslav Tupý, Trevor Lucey JB Weld, Alex, Sunny, 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, Oisin Quinn, Daniel Cervini, Wilson Hammer, Jonathon Yong, Iris Ji, Emil Nicolaie Perhinschi, Charles, Leszek Frankowski, Gerard Scott Eli Auto, Excks, Michael Li, Par Hedman, Praveen Mishra, Gerard Scott, joel köykkä, Areeb Ahmed, Luis Torres, Smith Vilcapoma, David Wang, Yazan Qaraqish, Rodolfo Cornetti, Hunter Lofgren, Justas Juškevičius, Daniel Winroth, johnny, Nick Jerrat, Chris Houston, Johan Levin, Morgan Brown, Alastair Currie, Robert Griffin, Andrei, zizi Golo, Fab Vida, Constantin Petrenco, pawel irisik, NotAScam, James Halliday, 22 Dust, Carsten Baukrowitz, Heinrich, Arron T, Kam Batra, Ben Brown, Brian Dennis, Stephen Mortimer (to The Moon), Ryan B. Hicks, B S, Adam Horenstein, Liam, Logan Vrankovic, Sam coatham, William Heaton, Paul McCourt, Andrzej Jasionowski, Daniel, Aaryan Koura, paul koos, mikhail tyurin, Steven, Christopher Boersma, Nathan Smart, Dave Cooke, Ulf Lundblad, Cozy thang, Dorothy Watson, Greg Blake, Simon Bone, Livermores Quant, The Collier Report and Yoshinao Kumagai

    • @LAMBinara
      @LAMBinara Před 3 lety +2

      I’m just dying for a collaboration between Patrick and Jamie from Trade Spotting ... any chance Patrick?

  • @tapanginoya583
    @tapanginoya583 Před 3 lety +32

    I didn't know a fund manager would be funnier than many comedians on Netflix 😂

    • @DrTune
      @DrTune Před 3 lety +6

      Irritatingly there seem to be some people who are smart, funny, humble, AND wealthy. ..at least he's not pretty as well...

    • @tapanginoya583
      @tapanginoya583 Před 3 lety +3

      @@DrTune 😂😂😂😂

    • @jonrita2344
      @jonrita2344 Před 3 lety +4

      thats not setting the bar very high lol

    • @tapanginoya583
      @tapanginoya583 Před 3 lety +4

      @@jonrita2344 exactly 😂

    • @emilebichelberger7590
      @emilebichelberger7590 Před 2 lety +6

      @@DrTune He may not be a Chad but he isn’t bad looking. Pretty average/above average I’d say

  • @robertwyness2464
    @robertwyness2464 Před 3 lety +4

    Don't forget the Trans-alta power company, turned off coal power plants during winter to raise the power prices and paid only a small fine. Then on the day they paid the fine, fired thousands of workers!

  • @noahfarrell7082
    @noahfarrell7082 Před 3 lety +32

    I lost it when you said foshizzle! I’d love to come work for you mate.

  • @alhollywood6486
    @alhollywood6486 Před 3 lety +66

    BTW, your sponsors are unlike anyone else on this platform, lol.

    • @PBoyle
      @PBoyle  Před 3 lety +46

      Ha Ha, very true. I'm planning on only dealing with companies I like

    • @seneca983
      @seneca983 Před 3 lety +18

      I'm really surprised that he wasn't sponsored by Raid: Shadow Legends.

    • @Dafnessific
      @Dafnessific Před 3 lety +8

      @@PBoyle Boyle edition MeUndies. Comes in rep tie colors only. Contrasting waistband. Pouch for backup collar stays.

    • @ahuruglica
      @ahuruglica Před 3 lety +4

      He is not a real youtuber if he is not sponsored by Nord VPN lol

  • @MyNameIsChristBringsASword

    In 2008 I was laid off along with many others at the company I worked for which was a subsidiary of a larger publishing company. After I was let go, I wanted to see if anyone had insider information on the lay offs and profited from them. Low and behold I discovered the CFO had increased his shares of the company stock just prior to the lay offs. I tried to notify the SEC but nobody responded. So much for the whistleblowers.

    • @emmanuelgoldstein319
      @emmanuelgoldstein319 Před rokem +2

      I know this was a while ago but i have a lot of questions. Why did he by stock, did the layoffs lead to the company value increasing? Was there a rally after he bought? Was the company publicly traded even though it was a subsidiary?

    • @MoriguTheDead
      @MoriguTheDead Před rokem

      @@emmanuelgoldstein319 All good questions, along with did the CFO file in advance that he was buying shares? Any officer of a company can buy and sell shares, they just need to file it ahead of time. People don't want rich people messing with stock prices but they don't want to fund the SEC. And it's questionable how many donors to political campaigns want a strong SEC.

    • @purplefood1
      @purplefood1 Před 10 měsíci

      ​@@emmanuelgoldstein319also how did he acquire them? It'd make sense for a CFO to have a share plan or something so the timing might not have been his choice

    • @davidc4408
      @davidc4408 Před 10 měsíci +2

      Surely value of stock would drop. You short it

    • @purplefood1
      @purplefood1 Před 10 měsíci

      @@davidc4408 depends on the situation but we don't know what that is

  • @StheSharknl
    @StheSharknl Před 3 lety +15

    For shizzle, I’m crying over here 😂. Keep up the great vids Patrick

  • @SecretaryOfSkate616
    @SecretaryOfSkate616 Před 3 lety +2

    Patrick, anyone who thinks youre dull is mentally dull. Youre a legend of the people for the people. Thats a gift.

  • @mctainshcom
    @mctainshcom Před 3 lety +29

    I come for the stories. But I stay for the dry humour 🤣. Very funny subtle jokes.

  • @iamwesterncanadian570
    @iamwesterncanadian570 Před 3 lety +52

    When American politicians do this insider trading nobody does a damn thing about it.

    • @math238705
      @math238705 Před 3 lety +5

      That's part of the plan...

    • @gt-gu7rb
      @gt-gu7rb Před 3 lety

      Actually there is a law on the books that allows politicians access to insider trading. Look for a report Steve Kroft did on 60 minutes about this.

    • @guppy0112
      @guppy0112 Před 3 lety +3

      So true! Remember, politicians are the ones that make the laws! They put Wall Street types into jail/allow them to be sued/get hit with massive fines- and they are the biggest fraudsters of all (except for Media Mafia- who are the biggest fraudsters!). Politicians tell millions of people on a daily basis that they will do this, they will do that, and they will do the other; and they never do! They do not hold themselves to the same standard that they hold others to (especially in finance and investment).

    • @larzkruber822
      @larzkruber822 Před 2 lety +3

      How dare you?
      Nancy doesn´t have insider knowledge!
      She has a time machine, there is no law against that.

    • @Everest314
      @Everest314 Před 2 lety +2

      @@gt-gu7rb That law was changed in 2012, iirc a year after the documentary you mention (if I am thinking of the same one) ... not that any politician has been prosecuted since then ...

  • @theevilmuppet
    @theevilmuppet Před 3 lety +39

    Here's a very silly idea for a video should you run out - Bottom Five Insider Trading Scandals: Risks that could never have been remotely worthwhile.

    • @cosmomoore6905
      @cosmomoore6905 Před 3 lety +13

      Attempting to blow up Dortmund's team bus to make your puts print, the stock appreciating then having to do 14 years sounds like it could feature.

    • @sustomusickillsyoutube
      @sustomusickillsyoutube Před 2 lety +2

      Seconded

  • @monaoconnell5650
    @monaoconnell5650 Před rokem +4

    Your posts are NEVER dull! My understanding is that today the law has been changed. Today, if Martha happened across that information in a telephone call and didn't deliberately seek out insider information it wouldn't be a crime. For instance if a woman is sitting in a restaurant and overhears something which makes the person decide to sell her stock, it's not a crime. Is that correct? I always thought the case against Martha was very unfair. This has nothing to do with me because I'm penniless and have no interest in cooking. :).

  • @FrDismasSayreOP
    @FrDismasSayreOP Před rokem +2

    You should look at some of our Congressmen and how they made bank on "timely" stocks after testimonies in their committees.

  • @seanortigoza3931
    @seanortigoza3931 Před 3 lety +8

    This man deserves more subscribers. So underrated.

  • @notme222
    @notme222 Před 2 lety +5

    He said "fo'shizzle" so I'm going to subscribe in the hopes of similar hip-hop style content.

  • @crepituss9381
    @crepituss9381 Před 3 lety +6

    Clicked video - upvoted - started watching - Fo' Shizzle, well earned.

  • @bluesunproductions9079
    @bluesunproductions9079 Před 3 lety +42

    Nice job on this. The whole Martha Stewart conviction was a joke. Sending her to jail did nothing except get some prosecutors name in the news. There have been far worst insider traders that have done no time and suspected insider traders that no one ever went after.

    • @scubatablemallcop3804
      @scubatablemallcop3804 Před 2 lety +8

      I’m in favor of harsher jail sentences and fines for white collar crimes like insider trading. Buttt, Martha should have been fined and banned from running a company for like a year tops. She barely did anything wrong. Sure it was bad, but like whatever. Snoops a legend love that guy.

    • @doom2avatar
      @doom2avatar Před 2 lety +6

      The jail term was for obstruction so not rly associated with the insider trading. That's for being an absurdly difficult individual to the court

    • @blahdyblah3387
      @blahdyblah3387 Před 2 lety +7

      @@doom2avatar it shouldnt be illegal to protect youself from a court. Especially when the original charges arent even followed through with

    • @Foolish188
      @Foolish188 Před 2 lety +3

      She was convicted of lying to investigators. She should have just told them the truth, her stockbroker had called and recommended selling the stock.

    • @DustinRodriguez1_0
      @DustinRodriguez1_0 Před rokem

      The US public doesn't care about white collar crime. They only care about street crime. White collar crime does far, far more economic damage and even kills more people every year, but because it is boring and complicated, they just do not care. That's why it is rarely, and only lightly, punished. Criminality, of the white collar sort at least, is entirely normal amongst the upper class. When they say 'crime doesn't pay', they should specify 'STREET crime doesn't pay', because white collar crime absolutely does.

  • @Ashadow700
    @Ashadow700 Před 3 lety +7

    I've seen a bunch of your videos by now, and I still cannot get over how funny your deadpan delivery of your jokes are ^_^

  • @mikeschofield5500
    @mikeschofield5500 Před 2 lety +6

    Just discovered this channel and can’t stop watching, I need to take a break as I can’t absorb anymore fascinating details for a while. Love the humour too. Class act. One question, is he still running his finance company, there are no news updates since 2018?

  • @Direnaar
    @Direnaar Před 2 lety +30

    Patrick, you have great comedic timing, but also I learned a lot from watching your videos. Thank you for doing this

    • @jamestimberpass6352
      @jamestimberpass6352 Před rokem

      Its not necessarily the timing but the fact he never breaks the same facial expression as he does so and keeps moving on.

  • @dvoicer6785
    @dvoicer6785 Před 3 lety +16

    I'm sorry, Martha Stewart was a director on the board of the NYSE?! Goddamn TIL.

  • @eugeneboyko1195
    @eugeneboyko1195 Před rokem +3

    Patrick, content is amazing as usual, but also great respect to your tailor. Impeccable suit and tie.

  • @danchatka8613
    @danchatka8613 Před 3 lety +4

    The production quality, including audio, of this video are very good. You are getting quite good at this.

  • @johnguillett1059
    @johnguillett1059 Před 3 lety +13

    Really interesting topic! A great book on the Ivan Boesky saga and Wall Street in the 80s is Den of thieves.

  • @stefonshelton6994
    @stefonshelton6994 Před 3 lety +3

    Who ever got you to say fo shizzle needs a raise cause it was hilarious!

    • @stefonshelton6994
      @stefonshelton6994 Před 3 lety

      I nowhere near have enough to invest in Bitcoin even at the rate PayPal let's ppl pay. It's just not financially viable for me

  • @scottrobinson4611
    @scottrobinson4611 Před 3 lety +4

    Do you know any single wealthy women, Patrick? Asking for a friend

  • @jamesy3851
    @jamesy3851 Před 3 lety +16

    Come for Patrick's incredibly detailed content, stay for him officially saying "Fo Shizzle."

  • @Mr300millz
    @Mr300millz Před 3 lety +4

    Where's The DogeFather lol

  • @sebastiandonickler.6715
    @sebastiandonickler.6715 Před 3 lety +7

    So cool to see sponsors in your channel, congrats!! Tks for the great content as always.

  • @accountspayable5091
    @accountspayable5091 Před 3 lety +12

    I love these historical videos please do more! Every time I watch these I unlearn things I thought I knew -- you are a beacon of light in a CZcams sea of

  • @susymay7831
    @susymay7831 Před 3 lety +6

    SAC made over 30 percent a year after very large fees
    How has Point 72 done since inception in 2018 without, assumptive on my part, trading on inside information?

  • @rebjorn79
    @rebjorn79 Před 2 lety +4

    You're both witty and smart, Patrick. I lived in Dublin for some time.
    Greetings from Norway. Thank you and keep up the good work! Excellent!

  • @Shawk95
    @Shawk95 Před 3 lety +11

    Martha Stewart got a bum rap. Any customer would have sold shares when the broker informed that the CEO of the company had done so.

    • @seneca983
      @seneca983 Před 3 lety +9

      She made the classic error of trying to hide a petty crime and in doing so committed a far more serious crime.

    • @Shawk95
      @Shawk95 Před 3 lety +7

      @@seneca983 Maybe she panicked and tried to save her good reputation. Most people in a similar situation would react in the same manner. But the punishment she got was harsher than she deserved.

  • @bobdobb9017
    @bobdobb9017 Před 2 lety +16

    My uncle was Ivan Boesky’s childhood friend in Detroit. Boesky’s family I think owned a deli. Both of them actually rose to the top of finance, my uncle coming from a very poor Irish family and became a top CFO in the oil industry and bond trading. My uncle however lives on Turtle Ave in Dallas, and never visited the cinderblock condominium.’

  • @TheBulldogsk8
    @TheBulldogsk8 Před 3 lety +5

    that picture of kim... was that necessary LOL

  • @randyfirst5747
    @randyfirst5747 Před rokem +2

    Dang dude your brilliant. I like how you speak slowly in terms lay people can understand however, I do have to go back and listen again. The information that’s in your head is simply mind blowing.
    Great video, bravo
    🇺🇸

  • @youtubestolemyusername3419

    Court:
    We forbid you to be around criminals.
    Second, we sent you to prison.

  • @oskarlund1
    @oskarlund1 Před 3 lety +29

    ”Yes, she had three jobs, aand was trading on the side” 😂😂😂

  • @SpoonWithSoup
    @SpoonWithSoup Před 3 lety +4

    It was the "Fo shizzle" for me

  • @SteveMHN
    @SteveMHN Před 3 lety +2

    OMG that last one is insane.

  • @YeYozWayYo
    @YeYozWayYo Před 3 lety +8

    You should have played the clip of Guliani sweating with his hair color dripping!🤣

  • @vitaliyjuterbog8912
    @vitaliyjuterbog8912 Před 3 lety +6

    I don't know if you write your own material or have a writing team, but I am dying of laugher.

  • @alhollywood6486
    @alhollywood6486 Před 3 lety +5

    I remember learning about tipper and tippee liability under the '34 Act in my finserv law class.

  • @TheChristianHass
    @TheChristianHass Před 3 lety +7

    Patrick's videos makes me wish I could like them twice, great stuff as always.

  • @gregerlandson7193
    @gregerlandson7193 Před 2 lety +4

    Nobel Prize to the young person who told Pat to say "fo shizzle" 🤣

  • @techgod3670
    @techgod3670 Před 3 lety +10

    Sir can you pls make a video on Bill Ackman's last year's CDS trade , pls explain the process of how he took that trade and how he made money on it.

  • @kieraholmes3828
    @kieraholmes3828 Před 3 lety +2

    LOL I love how you tell jokes; but look deada$$ serious while telling them. Foshizzle!

  • @WhyGoThere
    @WhyGoThere Před 3 lety +3

    Philipp Hildebrand, at the time president of the Swiss central bank, had to resign after it became public that his wife at the time traded the EURCHF ahead of the 1.20 Euro peg.

    • @WhyGoThere
      @WhyGoThere Před 3 lety +2

      Some say that the wife's boyfriend was also trading it. They divorced shorty after.

  • @urbanlumberjack
    @urbanlumberjack Před 3 lety +4

    Another awesome video! If they caught these guys imagine how many others are making billions off of insider trading.

  • @robmeng5755
    @robmeng5755 Před 3 lety +5

    Ok, I heard you say "murder ARB” :) lol

  • @blastum
    @blastum Před 2 lety +1

    The deadpan humor keeps me coming back. And the nice suits.

  • @mandlantsibande6787
    @mandlantsibande6787 Před 3 lety +6

    Lol the Snoop dog part got me laughing

  • @santiagoheier5961
    @santiagoheier5961 Před 3 lety +13

    Once again, great video Patrick! The production quality has been through the roof lately.
    On a side note: I wonder if the shakey corporate ethics Cohen developed early in his career planted the seed for the whole GameStop craze hahaha, he may have influenced Plotkins investment philosophy after all.

  • @tgd02
    @tgd02 Před 3 lety +5

    You think Stewart and Snoop got it on?

  • @dsidney89
    @dsidney89 Před 3 lety +3

    The mets joke was perfect 😂

  • @ablanchi
    @ablanchi Před 3 lety +10

    Excellent as always! Cant wait for the Tether video!

  • @reggie3819
    @reggie3819 Před 3 lety +33

    Foshitzle my field lol. Patrick is the best... Why do I laugh when he drops a joke

    • @SmartWentCrazy.
      @SmartWentCrazy. Před 3 lety

      Love his channel, Boyle is like a finance encyclopedia, but I really had to cringe hard at that one lol. I’m not young and hip anymore... but even when I like to think I was young and hip, in the early 2010s or so, for (or fo’) shizzle was like circa 2007 Ebonics slang 😆😆😅

    • @caprimann87
      @caprimann87 Před 3 lety +1

      @@SmartWentCrazy. well duh. the term itself is very old but it will forever be associated to Mr. Dogg.

    • @Mad_Intalect
      @Mad_Intalect Před 3 lety

      @@SmartWentCrazy. Oh, it's a lot older than that lol.

  • @kikolatulipe
    @kikolatulipe Před 3 lety +3

    Excellent video ! B. R. Shetty and his company NMC health another example that retail investors are always the suckers on the poker table … audit companies and regulators are useless!

  • @vamsijannavarapu
    @vamsijannavarapu Před 3 lety +9

    " A young person told me to say it" - true nerd talk

  • @dan300878
    @dan300878 Před 3 lety +9

    As usual another quality video. Love the dry like Ryvita humor (shout out phoneshop). Thanks Patrick - easily one of if not the best financial education channels I follow.

  • @thomas316
    @thomas316 Před 3 lety +7

    Enjoyed the video. Amazing people go to such lengths for information when they could just sit behind gossiping coworkers on the DLR to Canary Wharf. Apparently discretion is very old fashioned. 🤷🏻‍♂️

  • @lydiakow6772
    @lydiakow6772 Před 3 lety +8

    I don't think I ever had so much fun watching market related video!!! 😄 very interesting and informative content as well 👌 thank you

  • @extramild1
    @extramild1 Před 3 lety +2

    Hey Paddy - Lesson No. 1 - Don't get caught, Lesson No. 2 - See Lesson No. 1.

  • @dumpsterplayer2700
    @dumpsterplayer2700 Před 3 lety +9

    before i watch this, i'd be very surprised if politicians don't make all of the top 100, but I guess those just aren't classed as scandals, it's like a performance bonus for paying attention

  • @richardhoff1626
    @richardhoff1626 Před rokem +7

    Despite being nobody of consequence, I do have a connection to two inside trading scandals. First was that I had a summer job at Kidder and delivered Boesky's Buddy Marty Siegel's mail for a couple of weeks (Okay that's a bit of stretch for getting to six degrees).
    The other one was more direct: I was at the desk next to Ken Robinson who was the go-between to Garret Bauer and Matthew Kluger when Kluger launched on insider trading scheme based on takeover deals that the law firm he was working for were involved in. These guys collectively made $32 million and all got caught.
    The lesson from that story was that it took 17 years for them to get caught, but the SEC had been keeping an eye on all three. Even though they covered their tracks, it only takes one or two mistakes. Ken made some questionable trades, they showed up on the SEC's radar, and they called him in. Once they got him, they connected the dots to Bauer and Kluger and it was jail time for all.
    And then there was the time I was at a hedge fund that was doing late day mutual fund trades...

  • @jamesz1003
    @jamesz1003 Před 3 lety +2

    I sprayed my coffee @ fo shizzle...good job sir

  • @peterkogl1329
    @peterkogl1329 Před 3 lety +2

    You are the man, Patrick Boyle!!!!

  • @leetabor5286
    @leetabor5286 Před rokem +3

    Patrick has one of the most entertaining videos out there. Thanks sir!

  • @JDTradesFutures
    @JDTradesFutures Před 3 lety +3

    Some solid dead pan humour there!

  • @tdang9528
    @tdang9528 Před 3 lety +1

    The good old days when people still went to jail for offences.. today they get a pat on the bank and the fed bails them out

  • @didiaotrading4010
    @didiaotrading4010 Před 3 lety +6

    Hi Patrick! Thanks for the video.
    What about a video on the Tether scam? Timing seems pretty good :)

  • @ReynaldAdolphe
    @ReynaldAdolphe Před 3 lety +1

    You’ve improved your editing/presentation greatly. Good job.

  • @auntypae3273
    @auntypae3273 Před 3 lety +5

    He is staring into my soul

  • @Bang07
    @Bang07 Před 3 lety +12

    You’re really finding your groove on YT, keep it up Pat. 👍

  • @medea27
    @medea27 Před 3 lety +6

    Another brilliant video! So few finance creators deliver truely valuable insights into the machinations of the markets whilst simultaneously making you laugh so hard you choke on your coffee - that first minute of the video is absolute gold!! 👍👍

  • @Gus199lll
    @Gus199lll Před 3 lety +27

    Great stuff. I had hoped you might have covered Ernest Saunders and the Guinness share trading. He made medical history. He was released early from prison suffering from Alzheimer's disease but later made a full recovery. Maybe as result of something in the Guinness although I'm not sure it has ever been marketed as such.

    • @CloudWalkBeta
      @CloudWalkBeta Před 2 lety +7

      Sorry what!? A full recovery from Alzheimer's???

    • @barackahilt8595
      @barackahilt8595 Před rokem +2

      @@CloudWalkBeta a sturdy lad, indeed

    • @savage1267
      @savage1267 Před rokem

      Huh. A criminal… released early from prison… because he has an incurable degenerative brain condition… later making a full recovery, you say? You don't say?

    • @jeevesponzi5257
      @jeevesponzi5257 Před rokem

      God I remember that!

  • @centurion262
    @centurion262 Před 3 lety +2

    That was such a great intro it would be rude not subscribe!😄😄

  • @arthurtreibs4174
    @arthurtreibs4174 Před 2 lety +6

    You are more than just afund manager, Pat. You're also a great and subtle comedian

  • @Silkentwilight
    @Silkentwilight Před 3 lety +2

    A young person told me to say that... 🤣🤣🤣 love ya Pat!

  • @seneca983
    @seneca983 Před 3 lety +2

    Nice picture of Giuliani! :D

  • @SusieAspen
    @SusieAspen Před 3 lety +7

    Bravo! Well done, Professor.

  • @exponentmantissa5598
    @exponentmantissa5598 Před 3 lety +1

    I heard a stock broker once say "Insider trading - the most profitable type of trading!"

  • @millamulisha
    @millamulisha Před 3 lety +17

    Just me or does Martha Stuart’s case seem sort of ridiculous? Haha...

    • @blabla-wx6kc
      @blabla-wx6kc Před 3 lety

      if you can't do the time, don't make the pie.

    • @banditkeithkingofduelmonsters
      @banditkeithkingofduelmonsters Před 2 lety

      @@thewhitefalcon8539 I think it sounds weird because you would assume she had info about some company move that would affect the stock price but all she knew was the CEO sold his shares which should be public information anyways.

  • @WoziBeatz
    @WoziBeatz Před 3 lety +2

    I just unsubscribed because I had no idea I was subscribed, then watched one minute and resubscribed. Dude is funny as fuck

  • @stevenmurphree
    @stevenmurphree Před 3 lety +10

    The experience correction was comedy gold.

    • @thomas316
      @thomas316 Před 3 lety +5

      His idea of wit is nothing more than an incisive observation humorously phrased and delivered with impeccable timing.
      Oh, hang on, ...🤔