The Globe and Mail reports in its Saturday edition that money manager Paul Harris recently bought Unitedhealth, the U.S. multinational health care products and services company. The Globe's Brenda Bouw quotes Mr. Harris, partner and portfolio manager at Toronto's Harris Douglas Asset Management, saying: "We think it's undervalued at current levels. The company has gone through several issues in recent years, including its chief executive officer being shot and killed in a targeted attack in late 2024. Its new management has improved operational discipline after underestimating some insurance costs. The company is also a massive data processor, in everything from customer service to fraud protection, and will benefit from AI. Unitedhealth should also benefit from the aging baby boomer population and its growing need for health care products and services." Mr. Harris likes to buy quality stocks and hold them for years through market ups and downs. "The hard part of our business is trying to do nothing; to separate yourself from the noise that's out there – to not get caught up in it and do something foolish in your portfolio," says Mr. Harris. The Harris Douglas Equity Portfolio returned 12.3 per cent over the past year.