Dawid Krige's best ideas - buying shares in two giant Chinese companies you've never heard of

The performance of Dawid Krige’s Cederberg Capital China-focused fund has been astonishing, with a 75% return last year. That confirms the tightly focused portfolio’s ranking in the top one percent worldwide since it was launched seven years ago. I met Krige earlier this year and was immediately struck by the old adage of an apple not falling from the tree. I got to know Niel Krige, Dawid’s father, through our numerous media engagements when he was the managing director of Momentum, one of South Africa’s top three life assurers. Niel, who left the corporate world for a professorship, is a qualified actuary who aced all his degrees cum laude. The last time we saw each other was in Omaha for the Berkshire Hathaway AGM – the cathedral of value investing, a passion shared by his over-performing son. The younger Krige’s talent is now being recognised on a bigger stage. His keynote was second up at the annual London Value Investor conference last week, where he shared his two best ideas. I caught up with him over the tea break...