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4 Things to Do Before Your Next Investment Banking Interview

Landing an interview in investment banking is no small feat—now it’s time to make it count. Whether you’re aiming for a bulge bracket bank or a boutique firm, your preparation needs to go beyond just memorizing technicals. The competition is fierce, and recruiters can spot surface-level prep from a mile away. Here are four critical…
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Chipotle’s Crunch: Rising Corn Feed and Avocado Costs Squeeze Margins, Signal a 2025 Shortfall

SHORT position on Chipotle generating a ~24% IRR over a 1-year hold period. I recommend either to put on a short position on the basis that the business will underperform consensus estimates on a sales and margin basis driven by slower growth in new restaurant adds and impact on key inputs to food costs in…
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GETY / SSTK Merger – Two Sinking Ships or “Picture” Perfect?

My target price for GETY is ~$4.00 / share over a ~12/14 month hold period, generating a ~30%+ IRR at 3:1 risk/reward, assuming the merger with Shutterstock receives regulatory approval. The recently announced merger between Getty Images and Shutterstock is an interesting case study into two companies grappling with massive technological disruption. At first glance,…
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Cruise Line Industry & Company Analysis

Executive Summary Current secular tailwinds, market and company fundamentals make cruise lines an attractive investment, with multiple drivers of outsized value and potential macro upsides creating long term value for the category Macro Cruise Trends Debt Balance by Age Group identifies accelerating debt balances across 30-70+ year olds and Credit Card Maxed-Out Borrowers See Increasing…
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Howmet Aerospace – Industrial Gas Turbine Demand Creating Significant Upside

Executive Summary & Recommendation I recommend a long position in Howmet Aerospace (HWM – NYSE) on the basis that the business will outperform consensus estimates on a sales and margin basis driven by a heightened demand in engine products in the industrial segment My target price is $175 / share over a 2-year hold period,…