Incremental insights #90
The best of what I read, listened to, and watched during the week
The New Age of Investing
With the rise of the internet and now AI, traditional information advantages are disappearing and the edge is shifting to processes and mindset.
The Price of Having Fun
Growth investing is like buying a lottery ticket. A few extreme outliers but mostly losses.
Costco’s Kirkland Brand Is Bigger Than Nike—and It’s About to Get Even Bigger
Kirkland/Costco shows how a private label can become a trusted mega-brand across multiple categories of products.
Matt Belloni on the Oscars, the Ellisons, and Hollywood’s Next Chapter
From the Ellison takeover of Warner Bros. & Paramount to the Oscars moving to YouTube. What $80B in debt, Gulf sovereign money, and the creator economy mean for the future of film & TV.
The Academy needs money. YouTube was stepping up to maintain the license fee that the Academy has become accustomed to... In 2029, are a lot of people going to recognize and realize that you’ve got to download the YouTube app, put it on your TV or phone and watch it there? I don’t know that the older audience for the Oscars is going to do that.
Goodp iece. The common theme I got was that markets, brands, and media all reward a different kind of edge now, less access, more judgment. Which of the links did you think was the most important this week?