Mundy's Moment: What can cricket teach us about stock selection?

What can cricket teach us about stock selection?

Investec Asset Management's Alastair Mundy considers recent events at the 2015 Cricket World Cup, and suggests there may be a parallel with the stockpicking process.

During a recent match at the Cricket World Cup, James Taylor was fast approaching his century. However, his colleagues were being dismissed at such a pace it was becoming increasingly unlikely Taylor would reach the landmark. As the match came to its finale, the umpire was asked to make a decision. As sometimes happens, the umpire made the wrong decision but, strangely, this was then exacerbated by neither his on-field umpiring colleague, nor even the umpires’ coach or the match referee, correcting him. Inevitably, the keyboard warriors were soon excoriating the officials for their la...