Investing 5 pieces Educational content, Investment research and frameworks from an institutional buy-side analyst, written for anyone learning to invest. Memos, trip reports, process, and the tools I use every day. Add image here Investment memo Best Buy: the structural short Vendor leverage eroding, margins compressing, and a marketplace pivot that accelerates the decline. Short BBY at $75, 12m PT $61. By Johnny Huynh · November 2025 img Investment memo Flutter Entertainment: the probability machine March 2026 img Trip report Hong Kong & China — internet and consumer names March 2026 img Investment memo TKO Group Holdings: owning the fight February 2026 img How to invest Building a quality-growth framework January 2026 All posts Add image Investment memo Best Buy: the structural short Vendor leverage eroding, margins compressing, and a marketplace pivot that accelerates the decline. November 2025 Add image Investment memo Flutter Entertainment: the probability machine FanDuel's parent has a regulatory moat and the market is mispricing earnings durability. March 2026 Add image Trip report Hong Kong & China — internet and consumer names Notes from Alibaba, Tencent, and Coupang meetings during the HSBC tour. March 2026 Add image Investment memo TKO Group Holdings: owning the fight UFC + WWE under one roof. Premium live content with pricing power. February 2026 Add image How to invest Building a quality-growth framework ROIC, FCF conversion, moat taxonomy — the toolkit I use every day. January 2026