Patrick Boyle (financier)
Patrick Boyle (born 17 January 1976) is a fund manager, academic, and author. Boyle is the Founder of Palomar Capital Management, a UK-based hedge fund. He is a professor of finance at King’s Business School King's College London, and a visiting professor of finance at Queen Mary University of London in the School of Economics and Finance as of 2009. He also teaches the Financial Derivatives and Portfolio Management Classes to master's students in finance. He is well known for his YouTube videos that combine educational materials with his dry sense of humor . Early life and education. Born in Boston, Massachusetts, Boyle was brought up in Dublin, Ireland. He graduated with a First Class BSc in business from Trinity College Dublin in 2000 and an MSc in finance from the London Business School in 2005. Patrick’s research interests are in investment management, quantitative finance, behavioral finance and market anomalies. Business career. Boyle started his career in private banking at Bank of America, observing and studying money management and realizing that his lack of experience was a problem. With the new easy access to market data towards the end of the 1990s, Boyle  started to study the statistical properties of markets. "I thought it might be a smart approach if I analyzed as much data as possible so I could speak knowledgeably about stocks; even if I hadn't lived through the various periods, I could at least be a history student of the market." Boyles studies became more statistical in their nature and he enjoyed a couple of early successes, applying his theories to investment. He realized over time that certain rules work better than others and developed his own approach to the markets. Boyle read about Victor Niederhoffer, admired his statistical  approach and began corresponding with Niederhoffer sharing his statistical studies as to how markets behaved. Niederhoffer liked what he saw and made Boyle a job offer. In 2001 he began working for Victor Niederhoffer, a former partner of George Soros' as a financial derivatives trader. Boyle has since been a Portfolio Manager at Royal Bank of Scotland Group, Millennium Management, LLC and Nomura Securities. Boyle founded Palomar Capital Management, a multi award-winning hedge fund in 2011 along with his business partner Jesse McDougall. At Palomar, Boyle wrote computer code that enters hundreds of trades a day in global markets  that has a win rate of 65%. Investors in Palomar include Stanley Fink, Larry Hite and Victor Niederhoffer. Academic career. Boyle is Professor of Finance at Kings Business School, King's College London since 2017. He won a prestigious Kings Education Award in 2019 for Innovation in Teaching. Since 2009, he has been a Visiting Professor of Finance at the Queen Mary University of London. Boyle is one of the organizers of the annual King’s Business School, Conference on Financial Markets. Boyle has co-authored three finance textbooks. "Trading and Pricing Financial Derivatives" was named as the best options  trading book in 2021 by a UK financial education website.