How Benchmark's Kevin Kelly Is Playing Prologis

The video discusses the behavior of the VIX during summer months, highlighting historical spikes in volatility and the challenges in calculating VIX during extreme market conditions. It explores strategies for hedging against such volatility, emphasizing the importance of looking at the VIX three-month curve. The video concludes with a trade analysis of Prologis, a company positively correlated with GDP growth and e-commerce expansion, as a defensive investment option with potential yield benefits.

What significant event in 2015 caused a spike in the VIX?

• The US presidential election

• The launch of a new tech product

• The Fed's potential rate hike

• The Brexit vote

What is a recommended strategy for hedging against volatility spikes?

• Avoiding the stock market entirely

• Buying high-risk stocks

• Investing in short-term bonds

• Using the VIX three-month curve

Why is it currently a good time to go long on volatility?

• The VIX three-month curve is below 15

• The stock market is at an all-time high

• Interest rates are decreasing

• Inflation is at a record low

What is the correlation between industrial real estate and GDP growth?

• Negatively correlated

• No correlation

• Inversely correlated

• Positively correlated

What is the proposed investment strategy involving Prologis?

• Shorting Prologis stock

• Buying Prologis and selling a call option

• Selling Prologis shares immediately

• Buying Prologis and holding indefinitely