Core Insights - Sequoia Strategy achieved a return of 9% in Q4 2025, outperforming the S&P 500 Index which returned 2.7% during the same period [1] - For the entire year of 2025, Sequoia Strategy delivered a return of 21.9%, compared to 17.9% for the S&P 500 Index [1] - The Strategy focuses on investing in high-quality, fundamentally and financially strong businesses at reasonable prices, covering a wide range of sectors, business styles, and regions [1] Company Performance - UnitedHealth Group Incorporated (NYSE:UNH) negatively impacted the Strategy's performance in Q4 2025, with a one-month return of -17.44% and a 12-month decline of 48.36% [2] - As of February 9, 2026, UnitedHealth Group's stock closed at $275.70 per share, and the company has a market capitalization of $249.74 billion [2] - The investments in UnitedHealth Group and Elevance Health were initiated opportunistically, with UnitedHealth shares purchased during a price drop in 2019 due to "Medicare for All" concerns [3]

Healthcare Policy Debate - A GOP Representative's response to Medicare for All sparked debate [1] - The debate centers around the affordability of Medicare for All [1] Data & Numbers - The article analyzes the numbers related to the "We Can't Afford It" argument [1]