The illusion of diversification with Alison Savas from Orbis Investments

Many investors believe exposure to several managers makes them diversified. Orbis Investments' Alison Savas argues the reality is less comfortable. In this episode, Savas explains how passive investing has hardwired yesterday's winners into tomorrow's portfolios, why concentration in global equity indices is at 30-year highs, and why great businesses do not always make great investments. The conversation also covers where Orbis finds value in unloved corners of healthcare and software, the rotation already underway in AI-related names, and how advisers can add genuine diversification to a portfolio without leaving listed equities.   This podcast is for education and entertainment purposes, and is intended for industry professionals, financial advisers and wholesale investors. This podcast is not advice or a recommendation to buy or sell any security or to adopt any investment strategy. It has not taken into account any person’s financial circumstances, needs, or objectives. You should consider if it is relevant to your needs and read the relevant Product Disclosure Statement and Target Market Determination. Past performance is not a reliable indicator of future performance. 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 does not prohibit the Orbis funds from dealing in the securities before or after this is published.