Incremental Insights #51
A weekly collection of investment and business related content
Mag 7 Becomes Mid 7
Narrow market leadership is not new. It regularly happens during periods of profit deceleration, like it did during 2023/2024 when the Mag 7 dominated the headlines. And why you should be looking at International Quality
How Tariffs Are Breaking US Trade
Americans paid a staggering $23B in tariffs during May 2025 (triple last year's amount). Trump's erratic trade policies are creating unprecedented volatility, resulting in a 40% decline in China imports, and damaging critical export relationships.
The World’s Most Profitable Business You’ll Never Own
Sex sells! Who knew?
Why Hermès Is the Gold Standard of Luxury Stocks
How family ownership (67%) enables true long-term thinking, and why craftsmanship trumps scale in creating the most resilient luxury stock
Finding Great GARP Stocks with David Giroux
Why inefficiencies exists in the market for GARP stocks. And how his team’s work on 5-year IRRs helps them buy equities near panic-selling troughs.