13 days ago
Kristen Wiig showcased her toned legs in a strapless Chanel minidress as she stepped out during Paris Fashion Week.
The actress, 53, chose a fitted black design with contrasting white trim, pairing the thigh-skimming dress with bright red heels featuring glossy black toe caps.
Chanel's interlocking double-C emblem sat at the centre of the dress, while a textured border framed the strapless neckline. A narrow white band along the hem completed the monochrome design.
Kristen Wiig attends the Chanel Womenswear Spring/Summer 2027 show as part of Paris Fashion Week (@ Corbis via Getty Images)
Kristen carried a coordinating black jacket with matching white edging, leaving her shoulders bare as she posed for photographs.
#strapless
The actress, 53, chose a fitted black design with contrasting white trim, pairing the thigh-skimming dress with bright red heels featuring glossy black toe caps.
Chanel's interlocking double-C emblem sat at the centre of the dress, while a textured border framed the strapless neckline. A narrow white band along the hem completed the monochrome design.
Kristen Wiig attends the Chanel Womenswear Spring/Summer 2027 show as part of Paris Fashion Week (@ Corbis via Getty Images)
Kristen carried a coordinating black jacket with matching white edging, leaving her shoulders bare as she posed for photographs.
#strapless
2 months ago
Golf legend Tiger Woods has pleaded guilty to reckless driving following his March rollover crash and received a five-year driving suspension. He was also fined between $1,000 and $1,500.
According to Yahoo News, Woods initially pleaded not guilty to the charge of driving under the influence. The incident made headlines, given Woods' history of vehicle-related accidents. He was arrested immediately after the rollover crash in Jupiter Island, the Florida town where the golfer lives.
Motorbiscuit reported in March that Woods faced multiple non-felony charges, including driving under the influence, property damage, and refusing to submit to a lawful test. The incident occurred after 2:00 p.m. when Woods was traveling at a "high speed" in a designated 30-mph zone while attempting to overtake a truck hauling a pressure-washing trailer.
The truck driver reportedly saw Woods' Land Rover closing in quickly and tried to move toward the edge of the road to give the SUV more room. However, the maneuver was not enough to prevent a collision, with Woods' vehicle striking the trailer before rolling onto its driver's side and sliding along the pavement for a considerable distance.
Tiger Woods of Jupiter Links GC warms up before match against Los Angeles Golf Club during the TGL finals at SoFi Center on March 24, 2026, in Palm Beach Gardens, Florida.
#woods #march #jupiter #pleaded
According to Yahoo News, Woods initially pleaded not guilty to the charge of driving under the influence. The incident made headlines, given Woods' history of vehicle-related accidents. He was arrested immediately after the rollover crash in Jupiter Island, the Florida town where the golfer lives.
Motorbiscuit reported in March that Woods faced multiple non-felony charges, including driving under the influence, property damage, and refusing to submit to a lawful test. The incident occurred after 2:00 p.m. when Woods was traveling at a "high speed" in a designated 30-mph zone while attempting to overtake a truck hauling a pressure-washing trailer.
The truck driver reportedly saw Woods' Land Rover closing in quickly and tried to move toward the edge of the road to give the SUV more room. However, the maneuver was not enough to prevent a collision, with Woods' vehicle striking the trailer before rolling onto its driver's side and sliding along the pavement for a considerable distance.
Tiger Woods of Jupiter Links GC warms up before match against Los Angeles Golf Club during the TGL finals at SoFi Center on March 24, 2026, in Palm Beach Gardens, Florida.
#woods #march #jupiter #pleaded
2 months ago
Prince Harry and Meghan Markle have relocated their two children to the UK for an "extended stay" while choosing to retain their stateside residence, an impressive $29 million estate in the star-studded enclave of Montecito. A fresh property has hit the market, and it's just a few minutes' drive from the Sussexes' private abode.
The property has been highlighted by Montecito Journal, as it reported on the growing number of residences that have been listed for sale in the past month.
The home sits at 802 West Park Lane and is on the market for a dazzling $11,350,000. It's a unique one-floored property with standout features like a pool and spa. Not to mention the guest suites and sweeping sea views.
Montecito is a popular spot (@ Corbis via Getty Images)
The website explains it also has "a formal gated entrance and secondary gated access," proving that security is of utmost importance for the types of clients who would settle here.
#montecito #property #harry
The property has been highlighted by Montecito Journal, as it reported on the growing number of residences that have been listed for sale in the past month.
The home sits at 802 West Park Lane and is on the market for a dazzling $11,350,000. It's a unique one-floored property with standout features like a pool and spa. Not to mention the guest suites and sweeping sea views.
Montecito is a popular spot (@ Corbis via Getty Images)
The website explains it also has "a formal gated entrance and secondary gated access," proving that security is of utmost importance for the types of clients who would settle here.
#montecito #property #harry
2 months ago
Laura Dern attended the Ink premiere during the Venice Film Festival this evening, ahead of presenting George Clooney with his Golden Lion for Lifetime Achievement.
Stephane Cardinale – Corbis/Corbis via Getty Images
The Jay Kelly actress wore a Prada dress that was classic Prada in so many ways. First, the colour – Miuccia Prada sure does loves a pink red carpet dress – and then there is the label's go-to double-satin fabric.
It is usually by this third paragraph that I am complaining about something related to a Prada satin dress, but there are no creases or awkward dart details here. Then I got to the circular skirt. Most of the hem falls in a beautifully smooth line, which makes that irregular section all the more noticeable.
This was well on its way to being a perfect 10 for Prada. I was even going to give the black Prada shoes a pass because I was so enamoured with her pink-stone statement necklace.
#prada #pink #dern #festival
Stephane Cardinale – Corbis/Corbis via Getty Images
The Jay Kelly actress wore a Prada dress that was classic Prada in so many ways. First, the colour – Miuccia Prada sure does loves a pink red carpet dress – and then there is the label's go-to double-satin fabric.
It is usually by this third paragraph that I am complaining about something related to a Prada satin dress, but there are no creases or awkward dart details here. Then I got to the circular skirt. Most of the hem falls in a beautifully smooth line, which makes that irregular section all the more noticeable.
This was well on its way to being a perfect 10 for Prada. I was even going to give the black Prada shoes a pass because I was so enamoured with her pink-stone statement necklace.
#prada #pink #dern #festival
2 months ago
As we have come to expect during the Venice Film Festival, Giorgio Armani dressed a sizeable group of guests for opening night, including several of the house's ambassadors. From classic tuxedos to shimmering gowns, there was plenty of variety within the Armani family.
Stephane Cardinale – Corbis/Corbis via Getty Images
Jonathan Bailey, Giorgio Armani Global Fragrance Ambassador, wore a Giorgio Armani tuxedo that took a classic black-tie foundation in a more relaxed direction.
The double-breasted jacket is fairly traditional, but the barrel-shaped trousers change the proportions, while the velvet scarf adds another point of difference alongside the pleated white shirt and velvet bow tie.
I really like how those elements shift what could have been a standard tuxedo into something much more distinctive on Jonathan.
#corbis #classic #film
Stephane Cardinale – Corbis/Corbis via Getty Images
Jonathan Bailey, Giorgio Armani Global Fragrance Ambassador, wore a Giorgio Armani tuxedo that took a classic black-tie foundation in a more relaxed direction.
The double-breasted jacket is fairly traditional, but the barrel-shaped trousers change the proportions, while the velvet scarf adds another point of difference alongside the pleated white shirt and velvet bow tie.
I really like how those elements shift what could have been a standard tuxedo into something much more distinctive on Jonathan.
#corbis #classic #film
2 months ago
Orbis Investment Management, an investment management company, released its Q2 2026 investor letter for "Orbis Global Equity Strategy". The letter can be downloaded here. In the first half of 2026, the Global Equity Strategy returned 19.9%, surpassing the MSCI All Country World Index by 7.8%. The market faced narrow breadth in the quarter. The strategy focuses on AI investments categorized into four groups: "Core" (direct exposure), "Enablers" (supporting businesses), "AI Powered" (companies enhanced by AI), and "Overlooked" (misjudged resilient companies). The firm emphasizes maintaining strong but flexible convictions in a fluctuating market, prioritizing disciplined, evidence-based investment over emotional decision-making. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Ryan Specialty Holdings, Inc. (NYSE:RYAN). Ryan Specialty Holdings, Inc. (NYSE:RYAN) is a specialty insurance services company that provides distribution, underwriting, product development, administration, and risk management services. On August 24, 2026, Ryan Specialty Holdings, Inc. (NYSE:RYAN) closed at $44.34 per share. The one-month return of Ryan Specialty Holdings, Inc. (NYSE:RYAN) was -3.63%, and its shares lost 23.17% over the past 52 weeks. Ryan Specialty Holdings, Inc. (NYSE:RYAN) has a market capitalization of $17.29 billion.
Orbis Global Equity Strategy stated the following regarding Ryan Specialty Holdings, Inc. (NYSE:RYAN) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core", the second is "Enablers", the third is AI "Powered" and the fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown and Ryan Specialty Holdings, Inc. (NYSE:RYAN) are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. Ryan Specialty makes the case from the other end of the market: a leading specialist in excess and surplus, the part of insurance built for complex, hard-to-place, and emerging risk. That market is structurally expanding, and we view Ryan as its most capable navigator. The pattern holds across the Overlooked. We are not buying businesses AI leaves alone. We are buying businesses that put AI to work. Scaled brokers with proprietary data are sharpened by it, not replaced."
#NYSE #strategy #orbis
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Ryan Specialty Holdings, Inc. (NYSE:RYAN). Ryan Specialty Holdings, Inc. (NYSE:RYAN) is a specialty insurance services company that provides distribution, underwriting, product development, administration, and risk management services. On August 24, 2026, Ryan Specialty Holdings, Inc. (NYSE:RYAN) closed at $44.34 per share. The one-month return of Ryan Specialty Holdings, Inc. (NYSE:RYAN) was -3.63%, and its shares lost 23.17% over the past 52 weeks. Ryan Specialty Holdings, Inc. (NYSE:RYAN) has a market capitalization of $17.29 billion.
Orbis Global Equity Strategy stated the following regarding Ryan Specialty Holdings, Inc. (NYSE:RYAN) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core", the second is "Enablers", the third is AI "Powered" and the fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown and Ryan Specialty Holdings, Inc. (NYSE:RYAN) are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. Ryan Specialty makes the case from the other end of the market: a leading specialist in excess and surplus, the part of insurance built for complex, hard-to-place, and emerging risk. That market is structurally expanding, and we view Ryan as its most capable navigator. The pattern holds across the Overlooked. We are not buying businesses AI leaves alone. We are buying businesses that put AI to work. Scaled brokers with proprietary data are sharpened by it, not replaced."
#NYSE #strategy #orbis
2 months ago
Orbis Investment Management, an investment management company, released its Q2 2026 investor letter for "Orbis Global Equity Strategy". The letter can be downloaded here. In the first half of 2026, the Global Equity Strategy returned 19.9%, surpassing the MSCI All Country World Index by 7.8%. The market faced narrow breadth in the quarter. The strategy focuses on AI investments categorized into four groups: "Core" (direct exposure), "Enablers" (supporting businesses), "AI Powered" (companies enhanced by AI), and "Overlooked" (misjudged resilient companies). The firm emphasizes maintaining strong but flexible convictions in a fluctuating market, prioritizing disciplined, evidence-based investment over emotional decision-making. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Brown & Brown, Inc. (NYSE:BRO). Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm operating through Retail and Specialty Distribution segments. On August 24, 2026, Brown & Brown, Inc. (NYSE:BRO) closed at $74.62 per share, reflecting a market capitalization of $24.97 billion. Brown & Brown, Inc. (NYSE:BRO) posted a one‑month return of 1.32%, while its shares lost 22.31% over the past 52 weeks.
Orbis Global Equity Strategy stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core": direct exposure through companies like Samsung Electronics, Taiwan Semiconductor, and SK Square. The second is "Enablers": the businesses providing the power, materials, and real estate that hyperscalers need to operate. The third is AI "Powered": companies where AI accelerates an already compelling model, like Alphabet. The fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown, Inc. (NYSE:BRO) and Ryan Specialty are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. AI may automate commodity cover like personal auto, but that is under 5% of Brown & Brown's book. The rest is commercial and specialty insurance, where the broker exercises judgement and answers for a denied claim. It is a people business, and Brown & Brown has spent more than eighty years serving mid sized companies that lack the in-house expertise in insurance."
#strategy #Equity
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Brown & Brown, Inc. (NYSE:BRO). Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm operating through Retail and Specialty Distribution segments. On August 24, 2026, Brown & Brown, Inc. (NYSE:BRO) closed at $74.62 per share, reflecting a market capitalization of $24.97 billion. Brown & Brown, Inc. (NYSE:BRO) posted a one‑month return of 1.32%, while its shares lost 22.31% over the past 52 weeks.
Orbis Global Equity Strategy stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core": direct exposure through companies like Samsung Electronics, Taiwan Semiconductor, and SK Square. The second is "Enablers": the businesses providing the power, materials, and real estate that hyperscalers need to operate. The third is AI "Powered": companies where AI accelerates an already compelling model, like Alphabet. The fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown, Inc. (NYSE:BRO) and Ryan Specialty are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. AI may automate commodity cover like personal auto, but that is under 5% of Brown & Brown's book. The rest is commercial and specialty insurance, where the broker exercises judgement and answers for a denied claim. It is a people business, and Brown & Brown has spent more than eighty years serving mid sized companies that lack the in-house expertise in insurance."
#strategy #Equity
2 months ago
Orbis Investment Management, an investment management company, released its Q2 2026 investor letter for "Orbis Global Equity Strategy". The letter can be downloaded here. In the first half of 2026, the Global Equity Strategy returned 19.9%, surpassing the MSCI All Country World Index by 7.8%. The market faced narrow breadth in the quarter. The strategy focuses on AI investments categorized into four groups: "Core" (direct exposure), "Enablers" (supporting businesses), "AI Powered" (companies enhanced by AI), and "Overlooked" (misjudged resilient companies). The firm emphasizes maintaining strong but flexible convictions in a fluctuating market, prioritizing disciplined, evidence-based investment over emotional decision-making. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted QXO, Inc. (NYSE:QXO). QXO, Inc. (NYSE:QXO) is a leading US-based roofing, waterproofing, and complementary building products distributor. On August 24, 2026, QXO, Inc. (NYSE:QXO) closed at $13.41 per share, reflecting a market capitalization of $13.91 billion. QXO, Inc. (NYSE:QXO) posted a one-month return of -5.89%, while its shares lost 35.93% over the past 52 weeks.
Orbis Global Equity Strategy stated the following regarding QXO, Inc. (NYSE:QXO) in its Q2 2026 investor letter:
"We think about AI through the same lens. Most early corporate AI adoption is a motor swap: existing workflows, existing structures, existing ***** umptions, with AI bolted on. The companies that compound the most value are those willing to redesign the floor. This is a question I ask of every management team I invest behind. QXO, Inc. (NYSE:QXO) is doing exactly that. As it consolidates the prosaic, low-tech business of building products distribution, it is rebuilding the operating model itself, from pricing and procurement to inventory and branch data, rather than bolting technology onto the old way of working."
QXO, Inc. (NYSE:QXO) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 83 hedge fund portfolios held QXO, Inc. (NYSE:QXO) at the end of the second quarter, up from 65 in the previous quarter. While we acknowledge the potential of QXO, Inc. (NYSE:QXO) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#strategy
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted QXO, Inc. (NYSE:QXO). QXO, Inc. (NYSE:QXO) is a leading US-based roofing, waterproofing, and complementary building products distributor. On August 24, 2026, QXO, Inc. (NYSE:QXO) closed at $13.41 per share, reflecting a market capitalization of $13.91 billion. QXO, Inc. (NYSE:QXO) posted a one-month return of -5.89%, while its shares lost 35.93% over the past 52 weeks.
Orbis Global Equity Strategy stated the following regarding QXO, Inc. (NYSE:QXO) in its Q2 2026 investor letter:
"We think about AI through the same lens. Most early corporate AI adoption is a motor swap: existing workflows, existing structures, existing ***** umptions, with AI bolted on. The companies that compound the most value are those willing to redesign the floor. This is a question I ask of every management team I invest behind. QXO, Inc. (NYSE:QXO) is doing exactly that. As it consolidates the prosaic, low-tech business of building products distribution, it is rebuilding the operating model itself, from pricing and procurement to inventory and branch data, rather than bolting technology onto the old way of working."
QXO, Inc. (NYSE:QXO) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 83 hedge fund portfolios held QXO, Inc. (NYSE:QXO) at the end of the second quarter, up from 65 in the previous quarter. While we acknowledge the potential of QXO, Inc. (NYSE:QXO) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#strategy
2 months ago
Orbis Investment Management, an investment management company, released its Q2 2026 investor letter for "Orbis Global Equity Strategy". The letter can be downloaded here. In the first half of 2026, the Global Equity Strategy returned 19.9%, surpassing the MSCI All Country World Index by 7.8%. The market faced narrow breadth in the quarter. The strategy focuses on AI investments categorized into four groups: "Core" (direct exposure), "Enablers" (supporting businesses), "AI Powered" (companies enhanced by AI), and "Overlooked" (misjudged resilient companies). The firm emphasizes maintaining strong but flexible convictions in a fluctuating market, prioritizing disciplined, evidence-based investment over emotional decision-making. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Ryan Specialty Holdings, Inc. (NYSE:RYAN). Ryan Specialty Holdings, Inc. (NYSE:RYAN) is a specialty insurance services company that provides distribution, underwriting, product development, administration, and risk management services. On August 24, 2026, Ryan Specialty Holdings, Inc. (NYSE:RYAN) closed at $44.34 per share. The one-month return of Ryan Specialty Holdings, Inc. (NYSE:RYAN) was -3.63%, and its shares lost 23.17% over the past 52 weeks. Ryan Specialty Holdings, Inc. (NYSE:RYAN) has a market capitalization of $17.29 billion.
Orbis Global Equity Strategy stated the following regarding Ryan Specialty Holdings, Inc. (NYSE:RYAN) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core", the second is "Enablers", the third is AI "Powered" and the fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown and Ryan Specialty Holdings, Inc. (NYSE:RYAN) are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. Ryan Specialty makes the case from the other end of the market: a leading specialist in excess and surplus, the part of insurance built for complex, hard-to-place, and emerging risk. That market is structurally expanding, and we view Ryan as its most capable navigator. The pattern holds across the Overlooked. We are not buying businesses AI leaves alone. We are buying businesses that put AI to work. Scaled brokers with proprietary data are sharpened by it, not replaced."
#market #letter
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Ryan Specialty Holdings, Inc. (NYSE:RYAN). Ryan Specialty Holdings, Inc. (NYSE:RYAN) is a specialty insurance services company that provides distribution, underwriting, product development, administration, and risk management services. On August 24, 2026, Ryan Specialty Holdings, Inc. (NYSE:RYAN) closed at $44.34 per share. The one-month return of Ryan Specialty Holdings, Inc. (NYSE:RYAN) was -3.63%, and its shares lost 23.17% over the past 52 weeks. Ryan Specialty Holdings, Inc. (NYSE:RYAN) has a market capitalization of $17.29 billion.
Orbis Global Equity Strategy stated the following regarding Ryan Specialty Holdings, Inc. (NYSE:RYAN) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core", the second is "Enablers", the third is AI "Powered" and the fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown and Ryan Specialty Holdings, Inc. (NYSE:RYAN) are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. Ryan Specialty makes the case from the other end of the market: a leading specialist in excess and surplus, the part of insurance built for complex, hard-to-place, and emerging risk. That market is structurally expanding, and we view Ryan as its most capable navigator. The pattern holds across the Overlooked. We are not buying businesses AI leaves alone. We are buying businesses that put AI to work. Scaled brokers with proprietary data are sharpened by it, not replaced."
#market #letter
2 months ago
Orbis Investment Management, an investment management company, released its Q2 2026 investor letter for "Orbis Global Equity Strategy". The letter can be downloaded here. In the first half of 2026, the Global Equity Strategy returned 19.9%, surpassing the MSCI All Country World Index by 7.8%. The market faced narrow breadth in the quarter. The strategy focuses on AI investments categorized into four groups: "Core" (direct exposure), "Enablers" (supporting businesses), "AI Powered" (companies enhanced by AI), and "Overlooked" (misjudged resilient companies). The firm emphasizes maintaining strong but flexible convictions in a fluctuating market, prioritizing disciplined, evidence-based investment over emotional decision-making. Also, check the fund's top five holdings to see its best picks in 2026.
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Brown & Brown, Inc. (NYSE:BRO). Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm operating through Retail and Specialty Distribution segments. On August 24, 2026, Brown & Brown, Inc. (NYSE:BRO) closed at $74.62 per share, reflecting a market capitalization of $24.97 billion. Brown & Brown, Inc. (NYSE:BRO) posted a one‑month return of 1.32%, while its shares lost 22.31% over the past 52 weeks.
Orbis Global Equity Strategy stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core": direct exposure through companies like Samsung Electronics, Taiwan Semiconductor, and SK Square. The second is "Enablers": the businesses providing the power, materials, and real estate that hyperscalers need to operate. The third is AI "Powered": companies where AI accelerates an already compelling model, like Alphabet. The fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown, Inc. (NYSE:BRO) and Ryan Specialty are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. AI may automate commodity cover like personal auto, but that is under 5% of Brown & Brown's book. The rest is commercial and specialty insurance, where the broker exercises judgement and answers for a denied claim. It is a people business, and Brown & Brown has spent more than eighty years serving mid sized companies that lack the in-house expertise in insurance."
#global
In its Q2 2026 investor letter, Orbis Global Equity Strategy highlighted Brown & Brown, Inc. (NYSE:BRO). Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm operating through Retail and Specialty Distribution segments. On August 24, 2026, Brown & Brown, Inc. (NYSE:BRO) closed at $74.62 per share, reflecting a market capitalization of $24.97 billion. Brown & Brown, Inc. (NYSE:BRO) posted a one‑month return of 1.32%, while its shares lost 22.31% over the past 52 weeks.
Orbis Global Equity Strategy stated the following regarding Brown & Brown, Inc. (NYSE:BRO) in its Q2 2026 investor letter:
"The biggest winners have been concentrated in AI. But not all AI exposure is equal. We frame ours in four groups. The first is the "Core": direct exposure through companies like Samsung Electronics, Taiwan Semiconductor, and SK Square. The second is "Enablers": the businesses providing the power, materials, and real estate that hyperscalers need to operate. The third is AI "Powered": companies where AI accelerates an already compelling model, like Alphabet. The fourth is the "Overlooked": resilient businesses the market has mispriced as AI casualties. The first three are widely understood. The fourth is where we believe the market is most wrong, and where we are hunting.
Take insurance brokerage. Brown & Brown, Inc. (NYSE:BRO) and Ryan Specialty are brokers: they sit between companies and insurers, matching clients to the right coverage and placing it for a fee, without carrying the risk themselves. Both are priced as AI casualties. Two fears weigh on the stocks: a softening pricing cycle and AI disintermediation. The pricing cycle is already in the price. On AI, we disagree. AI may automate commodity cover like personal auto, but that is under 5% of Brown & Brown's book. The rest is commercial and specialty insurance, where the broker exercises judgement and answers for a denied claim. It is a people business, and Brown & Brown has spent more than eighty years serving mid sized companies that lack the in-house expertise in insurance."
#global
2 months ago
Are we finally seeing Lionel Messi, Luis Suarez and Neymar together?
Neymar could be set for a move to Inter Miami as talk of a reunion with Messi and Suarez gathers pace.
The Brazilian forward is approaching a key moment at Santos, with his contract due to expire on 31 December.
That has left his future uncertain, with no decision yet made on whether he will stay or move on. One thing is for sure that fans won't mind witnessing 'MSN' together again.
Photo by Ira L. Black/Corbis via Getty Images
#neymar #move #luis
Neymar could be set for a move to Inter Miami as talk of a reunion with Messi and Suarez gathers pace.
The Brazilian forward is approaching a key moment at Santos, with his contract due to expire on 31 December.
That has left his future uncertain, with no decision yet made on whether he will stay or move on. One thing is for sure that fans won't mind witnessing 'MSN' together again.
Photo by Ira L. Black/Corbis via Getty Images
#neymar #move #luis
3 months ago
Charlotte Casiraghi turns 40 on Monday, August 3, and the milestone finds her in one of the most fulfilling periods of her life. Princess Caroline of Monaco's daughter is in love with novelist Nicolas Mathieu, has published her first solo book, and is taking on a more visible role at the principality's most important events.
Charlotte Casiraghi turns 40 on August 3, entering a new chapter shaped by love, family, and a growing public role in Monaco. (GC Images)
Long known for guarding her privacy, Charlotte now appears more settled and self-assured. As she balances family life, philosophy, literature, and official duties, she is shaping a path of her own while carrying forward the elegance and cultural legacy of her grandmother, Grace Kelly.
Although she does not hold the ***** le of princess, Charlotte has become a familiar presence at Monaco's most important official events. (Corbis via Getty Images)
Princess Caroline of Monaco's daughter appears to be happier and more at peace than ever. Always discreet, yet surrounded by an air of elegance and mystery, she has found a balance among her personal life, professional pursuits, and official responsibilities. After years of rarely appearing alongside the Grimaldis, she has become an important source of support for her uncle, Prince Albert. He increasingly relies on his nieces and nephews to help represent the principality at official events, including Monaco's National Day celebrations.
#charlotte #princess #life #casiraghi
Charlotte Casiraghi turns 40 on August 3, entering a new chapter shaped by love, family, and a growing public role in Monaco. (GC Images)
Long known for guarding her privacy, Charlotte now appears more settled and self-assured. As she balances family life, philosophy, literature, and official duties, she is shaping a path of her own while carrying forward the elegance and cultural legacy of her grandmother, Grace Kelly.
Although she does not hold the ***** le of princess, Charlotte has become a familiar presence at Monaco's most important official events. (Corbis via Getty Images)
Princess Caroline of Monaco's daughter appears to be happier and more at peace than ever. Always discreet, yet surrounded by an air of elegance and mystery, she has found a balance among her personal life, professional pursuits, and official responsibilities. After years of rarely appearing alongside the Grimaldis, she has become an important source of support for her uncle, Prince Albert. He increasingly relies on his nieces and nephews to help represent the principality at official events, including Monaco's National Day celebrations.
#charlotte #princess #life #casiraghi
3 months ago
Amal Clooney is a superwoman, what with her incredible career as a human rights lawyer, her role as a mother of twins Alexander and Ella and wife to George Clooney, and a certified fashionista. Fans have long wondered how she achieves her svelte figure, and how she finds the time to work out and maintain a healthy lifestyle amongst her other responsibilities.
The 48-year-old's favorite way to keep fit, as per Women's Health, is through a combination of Pilates, weightlifting, lengthy walks and tennis sessions. George previously revealed that Amal was a competitive player on the tennis court, and often bested him when they faced each other.
"Amal is a really good athlete. When I was younger, I won some tennis tournaments. I played a lot of sports – I still play a lot of sports, and I can actually play [well]. And Amal just beats the **** out of me," George told People.
Amal maintains her incredible figure by playing tennis (Corbis via Getty Images)
He added that whenever they versed each other in pickleball, Amal always came out on top. "She kills me – if we play six games, I'll win maybe two," he admitted.
#amal #incredible
The 48-year-old's favorite way to keep fit, as per Women's Health, is through a combination of Pilates, weightlifting, lengthy walks and tennis sessions. George previously revealed that Amal was a competitive player on the tennis court, and often bested him when they faced each other.
"Amal is a really good athlete. When I was younger, I won some tennis tournaments. I played a lot of sports – I still play a lot of sports, and I can actually play [well]. And Amal just beats the **** out of me," George told People.
Amal maintains her incredible figure by playing tennis (Corbis via Getty Images)
He added that whenever they versed each other in pickleball, Amal always came out on top. "She kills me – if we play six games, I'll win maybe two," he admitted.
#amal #incredible
3 months ago
NASCAR is changing the way Cup Series practice will be conducted for the remainder of the 2026 season.
Beginning with next weekend’s race at New Hampshire Motor Speedway, Cup Series teams will participate in a single 50-minute practice session instead of the divided-group format used at most events this season. NASCAR announced the change Wednesday, saying the revised format will remain in place for all remaining races that are not already designated as superspeedway or extended-practice weekends.
The update comes just days before the Cup Series heads to Indianapolis Motor Speedway for this weekend’s Brickyard 400.
Under the new format, every entered Cup Series car will share one uninterrupted 50-minute practice session.
Previously, NASCAR typically split the field into separate groups, giving each group a shorter amount of track time. Beginning at Newhttps://www.motorbiscuit.c... Hampshire, that format will be replaced by one extended session featuring the entire field.
#season
Beginning with next weekend’s race at New Hampshire Motor Speedway, Cup Series teams will participate in a single 50-minute practice session instead of the divided-group format used at most events this season. NASCAR announced the change Wednesday, saying the revised format will remain in place for all remaining races that are not already designated as superspeedway or extended-practice weekends.
The update comes just days before the Cup Series heads to Indianapolis Motor Speedway for this weekend’s Brickyard 400.
Under the new format, every entered Cup Series car will share one uninterrupted 50-minute practice session.
Previously, NASCAR typically split the field into separate groups, giving each group a shorter amount of track time. Beginning at Newhttps://www.motorbiscuit.c... Hampshire, that format will be replaced by one extended session featuring the entire field.
#season
3 months ago
Pierre Suu / WireImage
Jason Merritt / Getty Images
Related: "19 Times Famous Women Got Refreshingly Honest About Their Postpartum Bodies"
Stephane Cardinale - Corbis / Corbis via Getty Images
Franco Origlia / Getty Images
#pierre
Jason Merritt / Getty Images
Related: "19 Times Famous Women Got Refreshingly Honest About Their Postpartum Bodies"
Stephane Cardinale - Corbis / Corbis via Getty Images
Franco Origlia / Getty Images
#pierre
11 months ago
Jeffrey Epstein’s Brother Claims He Heard ‘from a Pretty Good Source’ That Epstein Files Are Being Scrubbed of Republican Names
Owen Hoffmann/Patrick McMullan/Getty; Rick Friedman/Rick Friedman Photography/Corbis/Getty
Mark Epstein, brother of the late **** offender Jeffrey Epstein, has alleged that the Epstein files are being edited to remove Republican names
"The reason they're going to be releasing the files ... is that they're sabotaging these files," Mark told NewsNation
Mark's comments come shortly after President Donald Trump encouraged House Republicans to vote to release the fi
Owen Hoffmann/Patrick McMullan/Getty; Rick Friedman/Rick Friedman Photography/Corbis/Getty
Mark Epstein, brother of the late **** offender Jeffrey Epstein, has alleged that the Epstein files are being edited to remove Republican names
"The reason they're going to be releasing the files ... is that they're sabotaging these files," Mark told NewsNation
Mark's comments come shortly after President Donald Trump encouraged House Republicans to vote to release the fi
