Market Concentration, Valuations and Risks

"In hindsight it will be clear that this was an opportunity"

That is a quote from today's interview with Simon Skinner, Head of the Global Investment Team at Orbis Investments.

Investors have notoriously short memories, always chasing the last bull market and learning lessons from recent history. In today's episode, Simon wants us to take a step back and look at the lessons from the longer arc of stock market history.

We speak to Simon about:

• The wrong lessons we're learning from the recent past
• What the longer span of history actually teaches us
• Why today's market is "speculative, unbalanced and risky"
• How we can build decision making processes to make better decisions
• A deep-dive on two stocks: Smurfit Westrock and Jardine Matheson

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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.

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