Core Viewpoint - HealthEquity, Inc. (HQY) is identified as a compelling investment opportunity for those seeking concentrated exposure to asset-light growth models [1] Financial Performance - The company reported Q2 FY26 financial results, indicating strong performance [1] Investment Strategy - The focus is on fundamental value drivers of business economics to identify high probability long-term compounders [1] - The company aims to buy at appropriate prices relative to intrinsic worth [1] Market Position - HealthEquity is positioned among a diverse range of financial market participants, including speculators, hedgers, long-term traders, and the public [1]