Refreshing when asset managers are open about their mistakes

DawidKrigeAn illuminating question for asset managers in any due diligence process is 'Please tell us about some of the stock picking errors you have made in the last year or so?' Many fund managers are uncomfortable with the question and put a positive spin on their responses. In a refreshing departure from the tradition of hiding mistakes, London and Shanghai-based asset managers Cederberg Capital, led by ex-South African Dawid Krige has showcased investment errors in the passages his London office in a 'wall of shame'. To read more, click here.