Ask The Compound Is It Time to Buy Software Stocks?
20 snips
Feb 11, 2026 
Josh Brown, CEO and market commentator at Ritholtz Wealth Management, brings sharp, practical market analysis. He breaks down which software firms are vulnerable to AI and which gain an advantage. He contrasts asset-heavy 'halo' businesses with information-centric SaaS. He also covers trading tactics like trailing stops, plus housing policy and career advice for financial planners.
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AI Creates A Halo Vs Information Divide
- AI is splitting tech into winners with heavy assets and losers that sell information.
- "Halo" stocks with low obsolescence risk will likely outperform SaaS/info merchants going forward.
Per-Seat Pricing Is An Underappreciated Risk
- Enterprise SaaS sold per-employee faces demand risk if headcounts fall due to AI.
- Even non-disrupted SaaS can shrink if corporate employment declines significantly.
Stop Treating All Software As One Sector
- Lumping different software companies together is misleading and fuels algorithmdriven swings.
- Market moves are often driven by algos and hedge funds, not rational re-pricing.