<June 11, 2026> For nine consecutive weeks, we’ve turned on our computers each morning to find the same headline preparing investors for higher equity prices. With stock valuations already at nosebleed levels, the major indexes continue to hit records. I mentioned to Jayme last week that all this market is missing is the sound of slot machines. While there are many similarities between today’s market and a casino, there’s one important difference. In a casino, the odds are st

<May 11, 2026> It’s strange the things you vividly remember growing up. I still remember visiting my grandparents the summer after sixth grade and watching the Nightly Business Report with my grandfather. We were in the family room. I remember the coffee table with its spindle-shaped legs and the compartment where my grandmother stored magazines. The television, larger than ours at home, sat in a wooden console cabinet. I even remember the boxy remote with its unusually small

<March 27, 2026> Before smartphones and social media, people—especially young people—would meet and spend time simply talking. Shortly after college, I remember meeting a group of friends at the beach. We stood in the ocean under the bright sun and started a game of Would You Rather . It’s a simple game where you’re given two options and have to choose one, no matter how ridiculous. I remember that particular game because the choices were so absurd. Would you rather have a gi

<February 23, 2026> Hello everyone. We’re Palm Valley Capital, and we believe in market cycles. It’s great to be here. The coffee is delicious. This is our third market cycle, and believe us, it never gets easier. If we weren’t here tonight, we’d probably be at our computers considering buying a 3x QQQ and questioning everything we stand for. You know the feeling. A stock mania that feels like it can go on forever. Everyone around you is getting rich. It’s easy to convince yo