Orbis Investments
also referred to as: orbis
11 statements across 1 episodes · 4 bullish · 2 bearish · 1 people on the record · first statement Nov 12, 2024 by Adam Carr · said 9 times in 3 episodes since 2024 · across every show →
Mentions by year
brought up most by Brad Jacobs (7), Shane Parrish (1), Adam Carr (1)
tap a year for its mentions
2026 4 mentions in 1 episode
2024 5 mentions in 2 episodes 3 per episode
Everything said about Orbis Investments, oldest first
Nov 12, 2024
Nov 12, 2024 neutral
Karr: Orbis held PG&E in 2018 before unexpected wildfire hit
“We had a position in a company called PG&E, which is a California utility.
Shane Parrish: the wildfires.
SPEAKER_05: Yeah.
Adam Carr: So we went into it after they had had their wildfires thinking that,
Legislation had passed, but there was this little loophol…”
Nov 12, 2024 positive
Karr: Orbis runs a dedicated four-person team to track investor biases
“One of the things that we did a couple years ago which has been really interesting is we created this, what we call decision analytics initiative, right? So we have a standalone team for individuals. We went out and got third party software and we run all thes…”
Nov 12, 2024 bearish
Karr: Orbis avoids investing in attention-seeking and high-lifestyle CEOs
“Generally not. I mean, it's a part of the mosaic of, you know, what will be the driver. I mean, it's an interesting thing with CEOs are like, what are the characteristics that allow one to be in that seat? And they're not always correlated with the skills that…”
Nov 12, 2024 bullish
Nov 12, 2024
Nov 12, 2024 positive
Nov 12, 2024 positive
Karr: Deep research reveals when consensus bear cases form bull theses
“Some of my favorite investment situations are the bear case is the bull case. So there's this common bear narrative. And if you don't kind of do it on your own work, if I were bringing up this name and I was talking to someone, they would have told me all of t…”
Nov 12, 2024 neutral
Karr: Orbis will not tilt portfolios based on US election outcomes
“And I'm not going to position and tilt the portfolio for a particular outcome. One, because I wouldn't be well served to do that. But two, to this point, like it's unknowable. And so I just want to be resilient as opposed to spend all this time obsessing on, i…”
Nov 12, 2024
Nov 12, 2024 negative
Karr: Scaling into new positions is an error driven by regret aversion
“So when I'm initiating a position, I tend to scale into it. So let's say I want to take it to three percent of capital. I'll buy 50 basis points, you know, another 50 and I'll scale into it. Turns out that's wrong. The bias that I'm demonstrating the reversion…”