Incremental Insights #36
A weekly collection of investment and business related content
Anthology #3: Tiger Management
Julian Robertson's genius wasn't in stock picking—it was in building Tiger Management, a talent factory that spawned 200+ hedge funds managing trillions!
How he created an unstoppable investment ecosystem through organizational design.
The Real Reason Trump and Musk are Planning to Visit Fort Knox
Trump and Musk's proposed Fort Knox visit may be a media event designed to justify gold revaluation rather than verify its existence.
The Natural Gas Turbine Crisis
Major gas turbine manufacturers face order backlogs extending to 2029, yet companies like GE Vernova are choosing to prioritize capital discipline and margin expansion rather than aggressive capacity growth. This supply constraint threatens to derail both clean energy transition and natural gas expansion plans.
Matthew Ball: Why the games business is broken
I just showed you that there was a roughly 80% reduction in startup funding. Many of the largest game makers globally have shut down studios, they have performed layoffs, they have canceled in some instances as much as half of their pipeline. And so if this was a bad category for the last three years, it was because there was too much money being invested in too little growth.
Matthew’s full presentation on the state of the video game industry