the investment in NBS is less than 2% of its Aust funds under management. None of the other funds would even have 0.5% of their funds undder management in NBS through Orbis or any other fund manager.
SO the risk they take is nothing like the risk most small punters take in terms of portfolio allocation.
The NBS stake is a rounding error for these guys.
orbis is willing & undeterred , page-8
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