In this episode of AWM Insights, hosts Justin Dyer and Mena Hanna break down the buzz surrounding the historic SpaceX IPO. They examine the mechanics behind the IPO's massive valuation, offer candid opinions on market hype and intentional scarcity, and discuss the psychological traps that lure investors into chasing big headlines. With a clear-eyed look at risk, FOMO, and disciplined investing, this conversation brings professional expertise to one of the most talked-about financial events of the year. Whether you're curious about SpaceX or looking to sharpen your investment playbook, you won't want to miss these timely insights.Chapters(00:00) SpaceX IPO as a Historic Market Event(02:00) Share Structure and Intentional Scarcity(03:40) IPO Pricing Dynamics and Market Patterns(06:20) Hype, Human Behavior, and FOMO(08:30) Fundamentals vs. Valuation Concerns(12:04) AWM’s Long-Term Investing Approach(13:30) The Smart Entry Point and Investment DisciplineConnect with Us• Call or text us: 626-862-0355• Website: https://www.athletefamilyoffice.com/• YouTube: https://www.youtube.com/channel/UCc1NxpK21N1vKWEExC45YEA• LinkedIn: https://www.linkedin.com/company/awmcapital/• Instagram: https://www.instagram.com/awmcapital/• X: https://twitter.com/awmcapital• Facebook: https://www.facebook.com/awmcapital/

In this episode of "In the Interim…", Dr. Scott Berry and Dr. Kert Viele examine response-adaptive randomization (RAR) in clinical trials, dissecting its statistical rationale, common criticisms, and implementation challenges. Drawing on extensive experience with trials such as BAN2401 (lecanemab), ICECAP, dulaglutide seamless Phase 2/3, I-SPY2, REMAP-CAP, PROSPECT, and the historical ECMO trial, they discuss the scientific advantages and disadvantages and ethical impact. RAR reallocates patient assignments during interim analyses to direct more patients to better-performing arms, but this can reduce power in two-arm trials, introduce complexity from temporal trends, and create operational complexity. The ECMO trial and "play-the-winner" approaches are discussed as cautionary examples emphasizing the need for thorough simulation before deployment. The hosts highlight RAR’s strengths for dose-finding, multi-arm, and some platform designs, but underscore its limitations in confirmatory two-arm settings. Operational demands, data reliability, simulation across scenarios, and resistance to overgeneralization are recurrent themes. The episode concludes by situating RAR within the broader context of adaptive platform trials and learning healthcare systems.Key HighlightsDefinition and mechanics of RAR, with interim analysis guiding allocation updatesMulti-arm adaptive and platform trial experiences (BAN2401, ICECAP, dulaglutide, I-SPY2, REMAP-CAP, PROSPECT)Critique of RAR in two-arm trials (power loss), temporal trends, unblinding, and overgeneralized literatureECMO/play-the-winner: risks of poorly simulated RARNecessity for rigorous pre-trial simulation and robust data flowsContextualization of RAR’s role in both traditional and learning healthcare environmentsFor more, visit us at https://www.berryconsultants.com/

This episode takes you inside the booming world of sports travel for 2026, where global events like the FIFA World Cup are driving fans to create unforgettable journeys. Rachel Satow and Ashley Martinez share their personal experiences and industry expertise on event-led travel, fandom, and the evolving opportunities for travel and loyalty brands. Discover how families, superfans, and brands are navigating rising prices, creative trip planning, and the emotional highs of once-in-a-lifetime experiences. Tune in for practical insights, engaging stories, and fresh perspectives on the intersection of travel, passion, and community.Chapters(00:00) Major Sporting Events Drive Travel Demand(03:00) Emotional Value of Event-Led Trips(07:00) Expanding Travel Trends and Spillover Markets(10:00) Building Complete Itineraries and Packages(13:00) Emotional Dynamics of Sports Travel(18:00) Personalization and Hospitality Packages(24:00) Brand Loyalty and Tailored ExperiencesConnect with SwitchflyWebsite: https://www.switchfly.com/LinkedIn: https://www.linkedin.com/company/switchfly/X: https://twitter.com/switchflyYouTube: https://www.youtube.com/@SwitchflyOfficial

In this episode Paul Bennett answers the fifteen most common questions investors have about Growth Fund 2. Paul delivers straightforward insights on topics ranging from ground-up development versus existing acquisitions, preferred returns and cash flow timing, to the firm’s own investment commitment and risk management strategies. Listeners will gain an inside look at how the fund operates, what sets AAA Storage apart, and practical answers for anyone considering self-storage or industrial investments. If you want a transparent, expert perspective on how Growth Fund 2 is structured and what you can expect as an investor, this episode is for you.Take a look at some of our previous episodes to learn more:• Understanding Cap Rates, Yield on Cost, Development Spread, and IRR• How We Underwrite a Storage Deal — Start to Finish• What Family Offices Want in an Investment — And How We Deliver• Why Invest in Ground-Up Development• Behind the FoF Curtain: Fees, Alignment, and When It’s Worth It• 2026 Market OutlookReady to talk about your investment strategy? Reach out at aaastorageinvestments.com New episodes every two weeks. Subscribe on Apple Podcasts, Spotify, or wherever you listen to podcasts, and send this to an investor in your network who needs to hear it. Chapters(00:00) Introduction and Most-Asked Investor Questions(00:01) How Growth Fund 2 Generates Returns(02:14) Ground-Up Development Versus Acquiring Existing Assets(05:26) Growth-Oriented Strategy and Cash Flow Timing(09:00) Understanding the Preferred Return Structure(13:00) Project Underwriting and Approval Process(15:42) What Sophisticated Investors Seek(18:06) Sponsor Commitment and “Skin in the Game”(19:51) Investor Commitments and Capital Allocation(21:32) Fund of Funds Structure Explained(24:28) Managing Construction Cost Increases(27:34) Tax Benefits and Bonus Depreciation(30:14) Property-Level Debt and Leverage(32:58) Planning for Project Variations and Contingencies(36:29) Closing Summary and Invitation to ConnectFollow and Connect with Us• LinkedIn: https://www.linkedin.com/company/aaa-storage-investments/• Instagram: https://www.instagram.com/aaastorageinvestments/• X: https://x.com/investments_aaa• Facebook: https://www.facebook.com/people/AAA-Storage-Investments-LLC/61575027573292/Download our free guides to take your investing to the next level:10 Due Diligence Questions to Vet Any Real Estate Sponsor: https://www.aaastorageinvestments.com/info/10-due-diligence-questions-to-vet-any-real-estate-sponsorFirst-Time Real Estate Syndication Investor Checklist: https://www.aaastorageinvestments.com/info/first-time-real-estate-syndication-investor-checklist

Justin and Mena unpack the current hype cycle: including the approaching SpaceX IPO at a reported $1.8 trillion valuation and Broadcom's $400 billion market cap loss. And they explain how 100-year families should think about investing when financial physics start to break down. Connect with UsCall or text: 626-862-0355Website: https://www.athletefamilyoffice.com/YouTube: https://www.youtube.com/channel/UCc1NxpK21N1vKWEExC45YEALinkedIn: https://www.linkedin.com/company/awmcapital/Instagram: https://www.instagram.com/awmcapital/X: https://twitter.com/awmcapitalFacebook: https://www.facebook.com/awmcapital/Chapters[00:00] Introduction — Hype markets, the SpaceX IPO, and what it means for 100-year investors[02:28] State of the Market — Post-Iran recovery, tech ripping, and a recent momentum shift[03:06] Broadcom's $400B Drop — What one guidance update revealed about hype cycle risk[04:43] P/E Ratios Explained — Why 80x earnings doesn't make financial sense; the historical average is 15–16x[06:38] Right-Sizing Your Exposure — Stay diversified, favor attractively valued companies, don't let hype positions run[09:55] The Shohei Analogy — Using your salary cap wisely when building a 100-year portfolio[11:43] The SpaceX IPO — Why playing IPOs is statistically a wealth-erosion strategy[13:44] You've Already Won the Lottery — The core 100-year family frame for navigating hype cycles