Magellan - Lessons Learnt in Due Diligence

Magellan's, and Hamish Douglass's personal issues have been more than well documented in the media over the past couple of months, so there doesn't seem to be much gained by repeating them. The facts are all well known, thanks mainly to the size and success of the business since being established in 2006, and the high profile given to the individual along the way. But when it comes to due diligence the lessons are often learnt in hindsight.