Ameen Capital Management is a value-oriented investment management firm focused on generating long-term capital growth. The firm was founded by Khurrum Mian in 2018. A significant portion of his personal capital is invested in the fund.Salient points of the fund are the following:Investment decisions are made solely by Khurrum Mian (Investment Manager). A significant portion of Khurrum's personal capital is invested in the fund – he eats his own cooking so to speakKhurrum also screens and approves all new investors – building and maintaining the right investor base allows the investment manager to focus on finding new investment opportunities and managing the portfolio as opposed to spending time managing investors with different expectations and investment horizons than that of the fundThe fund runs an open investment mandate in terms of geography, sector and position in the capital structure – this allows the investment manager to shift his focus to as and where there are likely to be more asymmetrically rewarding opportunities and avoids the temptation a confinement to a particular market can cause, that is to chase returns and deploy cash into low quality opportunitiesThe primary aim is to not lose money"Rule No. 1: Never lose money. Rule No. 2: Don't forget rule No. 1" – Warren BuffettThe portfolio is concentrated and has minimal turnover"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble" – Warren BuffettThe investment horizon for a position is several years – the most attractive opportunities tend to be ones that have not been discovered or understood by the broader market and it can therefore take time for the market to gradually erode the delta between price and value"the big money is not in the buying and selling…but in the waiting" – Charlie Munger"In the short run the market is a voting machine, but in the long run it is a weighing machine" – Benjamin Graham
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Keywords: financial services