“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.”
– Warren Buffett
In the summer of 2000 a friend of mine introduced me to investing. I was about to start my electrical engineering and computer science degree at MIT. I went to the Harvard Bookstore in Harvard Square and bought a few books on investing and the stock market and was instantly hooked. Three years later I graduated from MIT with a finance degree and was already managing a small investment fund called TwentyEight, Inc. with “several” thousand dollars of capital. Several years and many adventures and detours later, I’m now managing the Mayar Fund. I’ve learned a lot about investing and business over the past seventeen years but I think that Warren Buffet was right when he said that value investing either makes sense to a person the first time they get exposed to it or never at all. That’s what happened to me. Whether it’s food, clothing, or stocks, I’ve always loved a bargain!
This blog is about value investing and business. It’s about my work as a fund manager. Every now and then, it will be about something else that I find interesting. Charlie Munger has taught us that investors need to expose themselves to a lot of information in as many disciplines as possible. I agree with him, it makes us better investors. I hope you enjoy my thoughts and/or learn from them. Feel free to comment when you agree with me, and please do comment when you think I’m saying something stupid.
Abdulaziz A. Alnaim, CFA
Abdulaziz is founder and Managing Director at Mayar Capital, a global investment management firm that serves institutions, family offices, and high net-worth individuals. Prior to founding Mayar, Abdulaziz served as Chairman, CEO and Fund Manager at Yareem Ltd., an investment company which he managed using a disciplined value investing approach. He was also Chairman of Yareem Arabia, a multi-unit restaurant company based in Al-Khobar, Saudi Arabia. Abdulaziz serves as a member of several advisory boards and boards of directors including Basic Chemical Industries (BCI AB), GIB Capital, ATCO Group, the Saudi Association for Investment Professionals “Mostathmer”, and Dhahran Ahliya Schools. He is also a member of the Milken Institute’s Young Leaders Circle. Abdulaziz previously served as a member of the Executive Committee of the Young Businessmen Council at Asharqia Chamber of Commerce during the 2010-2013 term and was a founding board member of Oqal angel investors network’s Eastern Province chapter. Abdulaziz is a CFA charter-holder and is a member of CFA Society of the UK and CFA Society Saudi Arabia. He holds a BS in Management Science with a concentration in Finance and a minor in Economics from the Massachusetts Institute of Technology.
This is a personal, non-business communication. Views expressed in this website/blog are my own. Nothing in this website is intended to solicit any kind of service and should not be construed as an investment advice or as an inducement to deal in any kind of investment or treated as a financial promotion.