Author is deploying 10% of portfolio into a basket of software names (INTU, NOW, CRM, TTD, WDAY, RDDT, SAP, TOST) betting that AI disruption fears are overdone because human behavior and entrenched enterprise systems slow adoption.
INTU — LONG Author is buying INTU as part of a 10% basket bet against AI-disruption fears in software. The mechanism is that entrenched enterprise structures and slow-changing human behavior make it hard for customers to switch to AI-native alternatives, so incumbents retain their base. The stated risk is that some names in the basket could lose or be disrupted, but the author expects the basket to outperform the general market.
Buying-
INTU
NOW
CRM
TTD
WDAY
RDDT
SAP
TOST
NOW — LONG Author is buying NOW as part of a 10% basket betting against AI disruption of software. The rationale is that ingrained enterprise systems and behavioral inertia make migration to AI software difficult, protecting incumbents. Main stated risk is that individual names may be disrupted even if the basket outperforms.
Buying-
INTU
NOW
CRM
TTD
WDAY
RDDT
SAP
TOST
CRM — LONG Author is buying CRM within a 10% basket bet that AI disruption fears in software are overblown. The mechanism cited is that entrenched enterprise structures and slow-changing human behavior make switching to AI-native software difficult. Stated risk is that some basket names could lose or be disrupted.
Buying-
INTU
NOW
CRM
TTD
WDAY
RDDT
SAP
TOST
TTD — LONG Author is buying TTD as part of a 10% basket betting against AI disruption of software. The rationale is behavioral inertia and entrenched enterprise systems slowing adoption of AI alternatives. Main stated risk is that some names may be disrupted even if the basket outperforms the market.
Buying-
INTU
NOW
CRM
TTD
WDAY
RDDT
SAP
TOST
WDAY — LONG Author is buying WDAY within a 10% basket bet against AI-disruption fears in software. The mechanism is that ingrained enterprise structures and slow-changing human behavior make migration to AI software difficult. Stated risk is that some basket names could lose or be disrupted.
Buying-
INTU
NOW
CRM
TTD
WDAY
RDDT
SAP
TOST
RDDT — LONG Author is buying RDDT as part of a 10% basket betting against AI disruption of software. The rationale is behavioral inertia and entrenched enterprise systems slowing adoption of AI alternatives. Main stated risk is that some names may be disrupted even if the basket outperforms.
Buying-
INTU
NOW
CRM
TTD
WDAY
RDDT
SAP
TOST
SAP — LONG Author is buying SAP within a 10% basket bet against AI-disruption fears in software. The mechanism cited is that entrenched enterprise structures and slow-changing human behavior make switching to AI-native software difficult. Stated risk is that some basket names could lose or be disrupted.
Buying-
INTU
NOW
CRM
TTD
WDAY
RDDT
SAP
TOST
TOST — LONG Author is buying TOST as part of a 10% basket betting against AI disruption of software. The rationale is behavioral inertia and entrenched enterprise systems slowing adoption of AI alternatives. Main stated risk is that some names may be disrupted even if the basket outperforms.
Buying-
INTU
NOW
CRM
TTD
WDAY
RDDT
SAP
TOST