Orbis have lost zero today.
The mark-to-market value of their investment is lower, but that means nothing. This is the thinking that differentiates the speculator from the investor.
What they have gained is the certain knowledge that they were, once again, right about their investment. I have a sneaky feeling they probably knew that all along though..
All they have to do now is wait, which they have both the patience and staying-power to do.
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Orbis have lost zero today. The mark-to-market value of their...
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