Contrarian Investing

News & Research

The great capital reallocation: From wants to needs

Orbis Investments

19 November 2025

Orbis portfolio manager Alec Cutler and Bloomberg’s Merryn Somerset Webb unpack what the reallocation of capital means for investors.

Financial repression: Sacrificing currency strength to inflate away government debt

Orbis Investments

31 October 2025

When governments borrow too much, their options run thin. Austerity is unpopular, defaults are destructive and growth alone won’t fix the problem. Policymakers may be tempted to turn to financial repression – k…

Great expectations - raising the bar

Orbis Investments

16 September 2025

With margins stretched and valuations at record highs, Orbis explores why great expectations could be a risk for today’s investors and why opportunities often lie where expectations are lower.

Fund managers pile into tech stocks despite record overvaluation fears

Gary Jackson

16 September 2025

The latest Bank of America positioning survey shows fund managers are at their most bullish since the start of the year.

Debt, deficits and downside risks: Is your portfolio prepared?

Orbis Investments

10 September 2025

The world is awash in debt. In the US, years of war-level deficit spending have sent government debt climbing to 100% of GDP and beyond. Other major economies are in similar situations. What does this mean for…