Core Insights - Wedgewood Partners anticipates stronger market volatility in the coming years and has moderated its enthusiasm for investments [1] - The Wedgewood Composite returned -1.8% in Q4 2025, underperforming compared to the S&P 500's 2.7% and other indices [1] - The firm highlighted poor stock selection and being underweight in AI stocks as key factors for underperformance in 2025 [1] Company Focus: Old Dominion Freight Line, Inc. - Old Dominion Freight Line, Inc. (NASDAQ:ODFL) is a less-than-truckload motor carrier with a market capitalization of $36.922 billion [2] - The stock closed at $175.68 on January 16, 2026, with a one-month return of 10.26% but a 52-week loss of 7.33% [2] - Wedgewood Partners noted that ODFL contributed positively to performance as investors shifted towards economically sensitive sectors [3] - The company is expected to manage its capacity well and maintain cost control, which positions it favorably for future growth [3]