UnitedHealth: Why This Healthcare Giant Is Mispriced

Group 1: Company Overview - UnitedHealth is experiencing short-term pressure due to rising medical utilization and changes in CMS models, but its long-term growth thesis remains strong [1] - The Medicare Advantage business of UnitedHealthcare is projected to serve an additional 800,000 people in FY 2025 [1] Group 2: Investment Strategy - The investment methodology focuses on identifying high-conviction opportunities with a strong emphasis on leadership, market disruption, financial health, and valuation [1] - Core positions (50-70%) are allocated to high-confidence, stable plays, while growth bets (20-40%) are high-risk, high-reward opportunities, and speculative investments (5-10%) are aimed at moonshot disruptors [1]