In this episode, Paul Bennett demystifies the mechanics of investment waterfalls—how profits and returns are distributed between investors and sponsors. He explores the critical differences between American and European waterfall structures, why sponsor alignment and fee transparency matter, and how AAA Storage’s approach protects investor interests. Whether you’re new to private equity or looking to sharpen your due diligence skills, you’ll take away practical insights for evaluating real estate investment opportunities with confidence.Chapters(00:00) Understanding the Waterfall Structure(01:26) Legal Governance and Transparency(03:36) Incentives and Sponsor Alignment(06:02) American vs European Waterfalls(09:49) Distribution Priority and Capital Return(12:47) Preferred Return and Split Rationale(17:14) Simplicity vs Complexity in Waterfalls(20:09) Fee Structure and Sponsor Profitability(23:59) Complex Tiered Waterfall Examples(27:41) Due Diligence and Fairness for InvestorsWe believe good investing starts with a conversation, so if today's episode got you thinking about your investment strategy, reach out to us through our Contact Form and let's start building together: https://www.aaastorageinvestments.com/contactFollow 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

In this episode of AWM Insights, Chief Investment Officer Justin Dyer and Portfolio Manager Mena Hanna break down the current wave of global market volatility, exploring what’s driving disruption from oil shocks to geopolitical conflict. They explain how to filter out the daily headlines, categorize market shifts, and focus on the timeless principles behind long-term investing. With practical wisdom and clear analogies, Justin and Mena deliver a coach’s perspective on why patience, discipline, and understanding short-term noise are essential to building a flourishing legacy. Tune in for clarity and confidence in navigating uncertain times—and learn how to play the long game in family wealth.Chapters(00:00) Market Volatility and Current Events(02:10) Oil Disruption and Global Impact(04:45) Navigating Uncertainty and Investor Focus(06:20) Short Term vs Long Term Market Movements(10:15) Healthy Market Volatility and Discipline(14:35) Staying Disciplined for Long Term SuccessConnect 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 interviews Professors Steven Tong and Josh Davis about the SNAP platform trial for Staphylococcus aureus bacteremia. The discussion covers SNAP’s rationale, large-scale adaptive design, methodology, and operational execution at approximately 150 hospitals in 13 countries. Key statistical questions, domain results, pediatric-adult analysis, and global implementation strategy are explored in depth. Listeners will find clear examples of how adaptive platform trials can efficiently address clinically relevant questions in infectious disease, while highlighting the nuances of trial design, statistical thresholds, and network collaboration.Key HighlightsHigh and unchanging mortality for Staphylococcus aureus bacteremia—over one million deaths annually.SNAP leverages silo-based structure (MSSA, MRSA, PSSA) and factorial domains for simultaneous, efficient investigation of treatments.Cefazolin shown non-inferior to flucloxacillin for MSSA with lower related acute kidney injury.In PSSA, penicillin demonstrated significantly less toxicity and favorable mortality signal over flucloxacillin; mortality difference did not meet the statistical superiority threshold.Futility reached in the adjunctive clindamycin domain for effect on 90-day mortality.Both adults and children enrolled, with pediatric results using statistical borrowing from adults in line with FDA Bayesian guidance.Ongoing platform expansion includes bacteriophage therapy, antiplatelet domains, and evaluation of diagnostic strategies.Statistical leadership: Dr. Anna McGlothlin (Berry Consultants), Dr. Julie Marsh (statistics lead).For more, visit us at https://www.berryconsultants.com/

What does the Turing Test have to do with the future of your business? In this episode, Paul explores AI not as hype or threat, but as the latest step in a long line of human invention — from the steam engine to the microchip. He breaks down how AI is set to dramatically cut the cost and timeline of software development, what that means for small business owners, and why the coming era may be one of genuine invention rather than just innovation. He also touches on why we should be careful not to anthropomorphise our AI tools.Connect with PaulWebsite: https://www.secondnature.solutions/Subscribe to the newsletter: https://www.secondnature.solutions/joinLinkedIn: https://www.linkedin.com/in/paul-spencer-7252118/Chapters(00:01) Fun, Fresh, and Exciting Conversations(01:20) Introducing the Turing Test and AI’s Vision(03:57) Human Intelligence Versus Artificial Intelligence(05:54) Human Perception and Emotional Attachment to AI(13:18) The Age of the Microchip and Evolution of Work(17:26) AI’s Impact on Software Development Costs and Skills(25:12) From Data Innovation to Data-Driven Invention(31:20) A Golden Age of Marvelous Works(33:06) AI as a Powerful Tool and Turing Test Reflections

In this episode, travel industry experts from Switchfly, Rachel Satow and Jessica Steinberg, explore fresh approaches to airline marketing and travel rewards. Together, they discuss why competing on price alone is no longer enough, and reveal data-driven insights on customer experience, storytelling, and uncovering hidden demand throughout the travel calendar. Rachel and Jessica share practical strategies and memorable examples to help airlines differentiate their brand, protect margins, and create lasting connections with customers. Tune in for a conversation packed with actionable ideas and inspiring perspectives for travel marketers and industry leaders alike.Chapters(00:01) Price Competition and Discounting in Airlines(03:52) The Limitations of Sales-Led Marketing(07:07) Addressing Customer Experience and Friction Points(12:35) Story-Led Marketing and Emotional Framing(18:24) Unlocking Hidden Demand Peaks with Data(24:16) Building Creative, Customer-Centric Strategies(27:39) Brand Engagement through Playful MarketingResourceshttps://www.switchfly.com/lp/airline-travel-demand-calendarConnect with SwitchflyWebsite: https://www.switchfly.com/LinkedIn: https://www.linkedin.com/company/switchfly/X: https://twitter.com/switchflyYouTube: https://www.youtube.com/@SwitchflyOfficial