Why I'm Buying Oscar's Panic Dip

Group 1: Core Insights - Centene's recent developments have negatively impacted the ACA sector, causing Oscar Health's stock to drop by approximately 15-20% due to concerns over higher-than-expected claims risk [1] - Despite the selloff, Oscar Health reported record Q1 results with a 42% revenue growth and an expanding membership base, indicating strong operational performance [1] Group 2: Investment Methodology - The investment strategy focuses on identifying high-conviction opportunities through leadership and management analysis, market disruption, financial health, and valuation metrics [1] - Key factors include proven track records in scaling businesses, smart capital allocation, sustainable revenue growth, and strong balance sheets [1] - The portfolio construction emphasizes core positions, growth bets, and speculative investments to balance risk and reward [1]