In this episode, we examine Oryx International Growth Fund Ltd., focusing on their investment strategy and impressive returns in the challenging AI sector. With over 60% of their portfolio in this space, the fund has achieved a compound annual return of 10.6%, significantly outpacing the AI index's decline. Their approach is characterized by aggressive activism, taking substantial stakes in small-cap companies, often pushing for management changes to drive value. Additionally, Oryx trades at a roughly 30% discount to its net asset value, presenting a potential buying opportunity. Join us in this episode and gain insights into Oryx’s unique methodology and the broader implications for the UK small-cap market.