Palm Valley Capital Management, an investment management firm, released the “Palm Valley Capital Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. In the fourth quarter, Palm Valley Capital Fund increased 4.00% compared to 15.12% and 14.07% gains for the S&P SmallCap 600 Index and the Morningstar Small Cap Index, respectively. In 2023, the fund increased by 9.47% compared to 16.05% and 20.59% appreciation for the indexes respectively. The fund’s...
