Incremental insights #34
A weekly collection of investment and business related links from the week.
Bloomberg’s 7 Powers & Why the Terminal Dominates Financial Markets
Why Bloomberg killers are dead on arrival.
Fundsmith 2024 Annual Letter
One of the big problems with investing in consensus high-quality companies is when the company hits a setback. Is it a temporary setback or a structural one? A great example right now is Nike.
The hallmark of great investors is knowing which is which.
Mon dieu! Diversity as a risk factor!
The language around DEI as a risk factor is changing. Instead of it being a risk for being insufficient, companies like Pinterest, are now adding DEI as a risk factor if it is overdone.
Peter Smith on International Gaming Technology
The opportunity in IGT’s sale of its gaming business to Apollo and the remaining Lottery business.