Incremental Insights #98
The best of what I read, listened to, and watched during the week
Meta is Dying. It’s About Time.
Meta may be entering its “zombie era”: user growth is slipping, spending is debt-fueled, and near-term monetization moves (more ads, higher prices) can accelerate long-term decline.
Agentic AI and the Future of Enterprise Software
Public markets are pricing AI as a threat to software. Vista’s 2026 Outlook argues the opposite that a switch from seat based pricing to outcome based pricing will unlock value and cause enterprise SaAss multiple to rerate higher.
The Van Halen Test
Van Halen’s “no brown M&Ms” clause was a compliance check. Failure signaled bigger risks with complex, safety-critical stage setups. How you can build small process checks to catch sloppiness by you or your team.
How to Find 100 Bagger Stocks
Matt Ankrum breaks down everything he has learned from studying 100 baggers and how to indentify potential ones and how he is building a “coffee can portfolio” with them.
And the book if you’re looking to pick it up The Coffee Can Investor: A Stock-Picker’s journey to Build Generational Wealth