In this episode of the Capital Alliance Podcast, Ken Majmudar sits down with Abdulaziz "Aziz" Alnaim, Founder and Managing Director of Mayar Capital, a London-based investment management firm specializing in disciplined, long-term value investing.
Founded in 2011, Mayar Capital has developed an investment approach built around a simple but powerful idea: buying a stock means owning a piece of a real business. Aziz, an MIT graduate and CFA charterholder with over two decades of investment and board-level experience, brings a perspective shaped by both investing and operating businesses across multiple industries.
At the heart of Mayar's philosophy is the belief that successful investing requires more than identifying undervalued stocks. It demands understanding competitive advantages, evaluating management teams, controlling behavioral biases, and having the patience to let long-term business value develop.
The conversation provides an opportunity to explore the principles behind long-term investing, the challenges of building an investment firm, and the mindset required to navigate an increasingly complex investment landscape.
Key themes:
Abdulaziz Alnaim's journey into investing and the founding of Mayar Capital in 2011
Building an investment management firm around a long-term philosophy
Why investors should think like business owners rather than stock traders
Identifying companies with durable competitive advantages and strong management teams
The importance of investment discipline, patience, and avoiding market FOMO
Understanding business valuations, uncertainty, and the margin of safety
How behavioral biases can influence investment decisions
The role of ethical and responsible investing in Mayar Capital's approach
Investing across global equity markets and opportunities in Saudi Arabia
The challenges of building a lasting investment firm while maintaining a consistent investment philosophy
For investment founders, portfolio managers, and entrepreneurs, this episode offers valuable perspectives on long-term investing, business ownership, and building an enduring investment management business.
