Incremental Insights #57
A weekly collection of mostly investment and business related content
Berkshire Hathaway: Firm Has to Look at CSX Amid Union Pacific’s Interest in Norfolk Southern
BNSF is already trailing Union Pacific in terms of profitability. It can't afford to let CSX get away and allow UNP’s purchase of Norfolk Southern to increase UNP’s competitive position. Berkshire has the cash.
Thermo Fisher – Still One of the Best Compounders in Healthcare
Despite dropping 20% in 2025, Thermo Fisher just jumped 11% after Q2 earnings, not because of spectacular numbers, but renewed investor confidence. With its dominant position in life sciences equipment and a brilliant revenue model (83% from high-margin consumables!), TMO remains one of healthcare's best compounders.
The Power of Writing
Bill Gurley, John Huber, and Tim Ferriss all leveraged writing into massive opportunity.
The Shark That Ate Hollywood: Jaws at 50
Jaws changed the movie business. It created the summer blockbuster. But that was by accident. The production of the movie was plagued with so many problems that the movie was almost never finished and Steven Spielberg’s career would've been over before it even got started. Because of the production delays the studio missed the deadline to get the movie out over Christmas and had to settle for summer.