Jay Schilling

[Jay Schilling @jschill7]

@elonmusk @BrotherMikeyX Looks like $39/hr to $69/hr over next six yrs.
https://t.co/KX8BH6aJG4

[Jay Schilling @jschill7]

@ashtonforbes @ericweinstein

[Jay Schilling @jschill7]

@EconomPic This is fantastic

[Jay Schilling @jschill7]

@David_Dierking What happens when HY yield is 300bps+ vs. equity earnings yield.. HY outperforms 87% of the time on a fwd 12 mo.

[Jay Schilling @jschill7]

@David_Dierking is it at all possible that investors are buying high yield and funding it from equities? Look at HY YTW vs. S&P earnings yield it's > 300bps

[Jay Schilling @jschill7]

@AdvisorMikeL @EconomPic @MebFaber Agreed. That’s why basic JPM hedged Eq is $17B

[Jay Schilling @jschill7]

@EconomPic @MebFaber They also didn’t have asymmetric up/down capture. Virtually no short alpha to your point. Still don’t for most part in liquid land —> poor track record —> hence negative demand

[American Beacon @AmBeacon]

We’re excited to announce the launch of our first ETF with our sub-advisor AHL Partners LLP (Man AHL) of @ManGroup: American Beacon AHL Trend ETF (AHLT). Find out what “The Future of Trend” can do in your portfolio. Learn more: https://t.co/iKEvdfNbwr

[Jay Schilling @jschill7]

@_AustinHerbert @Cryptaeon Hoping you can weigh in on this Harvard study.. claims canola oil healthier than beef tallow?!

https://t.co/wU1UQUUBKm

[Jay Schilling @jschill7]

@GRDecter https://t.co/aLJ81OCAf5

[Brett Winton @wintonARK]

Our view:

$1.7t in AI hardware spend by 2030

2/3rds on the sort of kit that Nvidia supplies, so $1.1t addressable

nVidia worth 2.6t (at a 5% cashflow yield) requires 60% share at a 20% cashflow margin.

It could return 15% compounded, but odds are much better elsewhere.

[Jay Schilling @jschill7]

@AlpacaAurelius Hoping you can help with the claim in this Harvard whitepaper that canola oil is healthier than tallow!

https://t.co/wU1UQUUBKm

[Jay Schilling @jschill7]

@jessicaalanas I’ve been sharing all of these tweets with my family. Thank you! But my Uncle sent back this whitepaper which summarizes canola oil healthier than tallow?! Hoping for some rebuttal research..

https://t.co/wU1UQUUBKm

[Jay Schilling @jschill7]

@choffstein @lexmchv I’d wager it’s because of liquidity.. zinc, coffee or lead not nearly as liquid as the crude complex

[Jay Schilling @jschill7]

@wintonARK Curious how pervasive this already is within a Stat Arb hedge fund shop like DE Shaw or Two Sigma?? No doubt already being used for boring stuff.. trade execution, pattern recognition, etc

[Jay Schilling @jschill7]

@MacroAlf Reduce equity beta by buying Credit. Rebounds before equities every time. At least since it has been an asset class.

[Jay Schilling @jschill7]

@choffstein @22Bertrand @EconomPic That is a WILD way of stating it. And yes SG trend is 11.3% on a trailing 10yr.

[Jay Schilling @jschill7]

@choffstein @EconomPic slightly off topic but do either of you know what DBMF stated vol target is?

[Jay Schilling @jschill7]

@EricBalchunas after rewatching Ryan Gosling go through CMOs with jenga blocks, it's not even close

[Jay Schilling @jschill7]

@wintonARK Sorry to hear Brett. Thinking about you.

Will take that lesson to heart to say more..

[Jay Schilling @jschill7]

@EconomPic Levered beta boy is a sick burn but Mom is so right