performed diligence that seems not as interesting

performed diligence that seems not as interesting. You might ask why do I want to talk to the accountant about last year‘s audit on this fund? But if people had done that in the Bernie Madoff situation and maybe asked for an audit papers for weakness is found during the audit and review record. A lot of what happened wouldn’t have occurred. It happened because there is a lot of trust put on either friends or friends or feeders into that organization. He investors did not do her homework.

— from True North (Ethics, Integrity, Truth, Values) · Family Office - Investing Capital for the Ultra Affluent by Richard C. Wilson

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