Ezra's Notes Checked November 12, 2026
Investor Letters

By @ezracrangle

← All managers

Abdulaziz Alnaim

Mayar Capital

Responsible global value: quality businesses bought at a discount, with ethical and Shariah screens. London-based, letters since 2011.

Best for Global value investors, especially those who invest with ethical or Shariah screens.

Why I read Abdulaziz

Aziz has written to his partners every quarter since 2011, including the long stretch when value lagged and a few expensive tech stocks led the index. His letters show a global value investor holding his ground and explaining why.

Links go to the firm's own site unless marked "via", which means a public copy of a letter the firm no longer hosts. Official letters page ↗

2026

2025

2024

2023

2022

2021

2020

2019

2018

2017

2016

2015

2014

2013

2012

2011