Private credit: Performance vs. liquidity | J.P. Morgan
"This is a feature not a bug; it's actually a good thing for long-term holders... because it protects the fund from having to monetize illiquid investment at suboptimal prices." - Jake Pollock [00:01:22]
"Default rates today are actually pretty low; they're below historical norms for leverage lending. We do think default rates are going to increase from here—part of that is just mean reversion." - Jake Pollock [00:02:10]
References
Disclaimer: Orignal content owned by or sourced from third parties. It does not represent the views of 'Nuggets' platform or it's team. AI is used extensively across this platform including for summaries. Accuracy is not guaranteed, there can be mistakes. Any info or content on this platform is not a financial, legal, or investment advice. Do your own research. Refer for complete disclosures:- Terms of Use · Full Disclaimer
More nuggets
Oct 23, 2026
Sundar Pichai: Path To Recursive Self-Improvement, Compute Allocation Dilemma, Future AI Interfaces | 20 Oct 2026 | Alex Kantrowitz
"We are at early stages of the most consequential technology ever... this is not like fiber, it's not dark, we are using it." Sundar Pichai 00:00:00 https://youtu.be/F3ItSTZNtT0?si=5VW2e69 o 6aWefc&t=0h0m0s "The compute we have today is a…
Oct 23, 2026
Sundar Pichai on Gemini 4 and Google’s biggest bets | 21 Oct 2026 | Sources with Alex Heath
"In the first 72 hours since Argon launched, you know, we've had about almost 25 trillion tokens, which is about 3x what 3.0 had in the first 72 hours..." Sundar Pichai 00:00:44 https://www.youtube.com/watch?v=fJBSNEFdm8c&t=0m44s "I view 2…
Oct 23, 2026
Eric Schmidt: Are We Ready for Superintelligence? | 21 Oct 2026 | In Good Company
"We're living in a piece of history that people will write about for a thousand years. It's the development of nonhuman intelligence—a kind of intelligence that we hope to have under control..." Eric Schmidt 00:05:28 https://youtu.be/U5YtR…