By Alec Hogg
Spent yesterday in the front row at the annual London Value Investor conference. This style of investing has underperformed for over a decade. Still, over 450 people came along.
Picked up a pile of fresh ideas that will be fed through to the Biznews community during the next few months. But the best idea of all came from a fellow Saffer, Dawid Krige, who has built a huge reputation among his peers.
Krige, who focuses on China has outperformed 99% of his peers since launching his fund seven years ago. During his keynote he shared two stocks he loves – Kweichow Moutai (liquor) and Dong EE Jiao (traditional medicine) that are listed in China. And tells me it’s relatively easy to buy into the shares.
Who would have thought? A South African teaching global value investors in London about investing in China. How small the world is becoming. Not just for investors.