Incremental Insights #84

The best of what I read, listened to, and watched during the week

The Great SaaS Unbundling: Why AI Will Destroy Half the Industry and Supercharge the Other Half

AI won’t disrupt all SaaS equally. It will bifurcate the industry.

Deterministic systems (ERP, payroll, compliance) will thrive as essential execution layers for AI agents, while probabilistic SaaS (chatbots, content tools) faces existential risk from LLMs.

Schroder’s Equity Lens

Staying invested when the market is at an all-time high has been far more profitable than selling at one.

Philip Fisher’s 15 Rules For Picking Stocks

Besides Graham, Philip Fisher is one of the main influences on Buffett’s investing style. Buffett credits Fisher with his shift towards paying a little more for high quality companies with wide economic moats instead of cigar butt stocks.

Drake’s Mystery Shoulder, Super Bowl Propalooza, and a Mega-Parent Corner With Cousin Sal and Jimmy Kimmel

In honor of Super Bowl weekend, some undervalued prop bets for you value degen investors.

Why Owning Nothing Is So Expensive