Incremental Insights #33
A collection of mostly investment and business related links from the week
Will the Ratings Agencies React to the Breakdown in Governance?
Elon Musk's team gains unprecedented access to Treasury payment systems, raising alarms about potential unauthorized control over $6T in annual federal payments.
Could it trigger another US credit rating downgrade?
Hermès: Two Centuries of Craftsmanship and Excellence
From saddles to status symbols: How a French family business became the world's 2nd largest luxury empire, worth €200B+
How Hermès transformed from a humble saddle maker to a global luxury powerhouse, the creation of the iconic Birkin bag, and how the Dumas family outmaneuvered LVMH's takeover attempts.
The Return on Hassle Spectrum
Why there's no one-size-fits-all approach to building wealth.
I Bought The Highest Quality Stock In Mexico (And It Trades At 10x Earnings)
Diving into Grupo Aeroportuario del Centro Norte (ticker: OMAB) and what makes it a cheap high-quality company.
Wall Street Trader Rates 12 Banking And Trading Scenes In Movies And TV | How Real Is It?
Jared Dillan from the Daily Dirt Nap rates famous Wall Street movies & TV scenes.
“We got close to half a million shares in the bag!”