It can be hard for investors to know where to draw the line between what feels like investing — and gambling. Here’s help.

For Q1 2025, the Palm Valley Capital Fund increased 0.57% vs. 8.93% decline for the S&P SmallCap 600 Total Return Index.

Welcome to professors’ picks, offering a weekly curated selection of FT articles by and for business school faculty to connect classrooms to current events and to develop students’ critical thinking.