Trust and transparency have been seen as a far-fetched notion in the modern investment world, where they are difficult to spot, not to mention, achieve. However, the award-winning fund by Ari Stiegler has demonstrated that it can become possible to turn these ideals into real and implementable, measurable standards. Such shift suggests an immense value in the field, i.e., in the future of due diligence, transparency must have a data-driven system.
Stiegler has changed the game as far as transparency is concerned. It is related to giving complete disclosure of the strategies, decisions, and performance measures that result into investment decisions. Not that type of transparency in which some general words are thrown around in the attempt to appease the stakeholders. It is instead an open practice where all decisions are arrived at depending on the data available to all the individuals who need it- the investors, stakeholders and the masses.
The viability of this fund sheds some light on the way ahead of institutional grade transparency. The times have passed when the investors had to trust the word of the fund managers. The model is reversed in the fund developed by Ari Stiegler which makes use of factual and verifiable data to justify any action taken. It is not only that this information is available but also easily digested and even the most inexperienced of investors can comprehend the rationale behind the investment decisions.
The only distinction amid this fund and other funds is that it is committed to display the whole picture, no matter how displeasant the information is. It is not concerning having the right numbers to give us a beautiful picture. Instead, it is the supply of unprocessed and candid perspective of performance, risk, and strategy. It is the characteristic of transparency of institutional grade, that which invites questions, embraces skepticism and promotes credibility due to sincerity.
