25th January 2023
Orbis: President's Letter 2022
What a year! 2022 was a time of pivotal change—in markets, geopolitics, and our firm.
We made measured and decisive changes. I believe the results have been encouraging and we were pleased to deliver capital preservation during turbulent markets and a period of transition. On an asset-weighted basis, relative outperformance across the Orbis Strategies was +10.6% in 2022 after fees and expenses.

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