The past decade has been tough for stock pickers. Active managers have struggled to keep up with the index, particularly in the US, as Big Tech pushed ever-higher and a flood of money flowed into passive ETFs. Our guest today thinks that some of these trends are reversing.
Today we're joined by Eric Marais, Investment Specialist at Orbis.
We speak to Eric about:
- The case for reducing exposure to US Big Tech
- Some counterintuitive ideas that form the basis of Orbis' philosophy
- Why Eric believes animal spirits are back
- How we could be entering a stock pickers market
- Two stocks Eric finds interesting: Nintendo (TYO: 7974) and Corpay (NYSE: CPAY)
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CPD Points: This episode has been accredited for CPD points by the Financial Advice Association of Australia (FAAA).
To claim your points, complete the CPD Quiz and we'll send you your certificate.
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This episode has been sponsored by Orbis.
If you would like to learn more about Orbis' contrarian investment approach can offer a true point of diversification when constructing client portfolios, click here.
Thank you to Orbis for helping us keep all of our content free and accessible.
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Basis Points is a product of Equity Mates Media. Basis Points is intended solely for industry professionals, financial advisers and wholesale investors.
This podcast is intended for education and entertainment purposes. Any advice is general advice only and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement and Target Market Determination. And if you are unsure, please speak to a financial adviser. There are risks with any investments, including one in the Orbis funds. Past performance is not a reliable indicator of future performance and the value of any investment in an Orbis fund is not guaranteed.
This podcast represents Orbis' view at a point in time and provides reasoning on why Orbis has bought or sold a particular security for its funds. Orbis may take the opposite view from that stated, as facts or circumstances may change. This podcast does not prohibit the Orbis funds from dealing in the securities before or after this is published.
Equity Mates Media operates under Australian Financial Services Licence 540697.
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