Ammar Yaseen

vice president of investments at Sarmaaya

Compiled from 1 recorded interview. Every statement below is drawn from the passage cited beside it.

Ammar Yaseen is the Vice President Investments at Sarmaaya.pk. Yaseen graduated from LUMS in 2011. He says his career after 2016 has centred on building Sarmaaya.

Early life and background

Yaseen says his parents were first cousins. His great-grandfather moved from Bombay to Karachi and then to Lahore. [1]

Yaseen says the family factory employed 500 people in the 1950s and 1960s. He says that after nationalisation in the 1970s, the business started to go down slowly. His family ran a wholesale garment accessories business. [1]

Family business

Yaseen says the family business was doing very well when he graduated in 2011. He says the family's monthly sales reached 1 crore rupees within two to three years. He says his business lost about 3 to 4 crore rupees. He says COVID shut down his business, and that he put some of the returns he had made into the construction side. [1]

Investing

Yaseen started making investments in 2012 and 2013, and says he invested in oil companies. He read investing books including The Intelligent Investor and Security Analysis. He describes assessing companies on growth factors, stability factors, valuation factors and intrinsic value. [1]

Yaseen pitched at the National Incubation Center, LUMS, and says 25 of 350 ideas were selected, his among them. Morningstar asked for 1 lakh rupees, and he says that as a retail or individual investor he probably could not pay that amount. He built a platform for himself using Morningstar data. [1]

Sarmaaya

Yaseen became Vice President of Investments at Sarmaaya. He says he teaches students at Sarmaaya and that his course is called Capital Fundamental Analysis. He says his students made about 60% to 70% returns in the last year. [1]

Views on investing

Yaseen holds that people should always be investing rather than keeping cash. He says that when markets are at an all-time low, that is the time to invest, and that there is always an opportunity in a crisis. He says he evaluates whether a stock is investable over at least one year. [1]

Yaseen says he checks whether sales are rising and whether profit turns into cash. He says cash flow statements are not available in Pakistan. [1]

Views on Pakistan and the global economy

Yaseen calls Pakistan a sleeping giant and says he hopes Pakistan will become the next Singapore. He says Pakistan's T-bills returned about 21% at the time and that Pakistan's debt is about 70% of GDP. He says inflation is to be kept within a target of 5% to 7%. [1]

Yaseen says companies in Pakistan that earn revenue in dollars have had phenomenal returns. He says the US market is about 30% of world GDP. [1]

Timeline

2011
Graduated from LUMS.[1]
2012
Started making investments, in 2012 and 2013.[1]
2016
Career after 2016 centred on building Sarmaaya.[1]

Appearances

DateTitleWhere
2023-05-03 Pakistan is a sleeping giant — Ammar Yaseen on investing in a crisis Thought Behind Things

Frequently asked questions

Who is Ammar Yaseen?

Ammar Yaseen is the Vice President Investments at Sarmaaya.pk. Yaseen graduated from LUMS in 2011.[1]

What does Ammar Yaseen do?

Ammar Yaseen is Vice President of Investments at Sarmaaya. He says he teaches students at Sarmaaya, and that his course is called Capital Fundamental Analysis.[1]

Where did Ammar Yaseen study?

Ammar Yaseen completed A levels and then went to LUMS. He graduated from LUMS in 2011.[1]

What did Ammar Yaseen's family business do?

Ammar Yaseen's family ran a wholesale garment accessories business. He says the family factory employed 500 people in the 1950s and 1960s.[1]

When did Ammar Yaseen start investing?

Ammar Yaseen started making investments in 2012 and 2013. He says he invested in oil companies.[1]

What does Ammar Yaseen say about when to invest?

Ammar Yaseen holds that people should always be investing rather than keeping cash. He says that when markets are at an all-time low, that is the time to invest.[1]

What does Ammar Yaseen think of Pakistan's economy?

Ammar Yaseen calls Pakistan a sleeping giant and says he hopes Pakistan will become the next Singapore. He says Pakistan's debt is about 70% of GDP.[1]

References

  1. Pakistan is a sleeping giant — Ammar Yaseen on investing in a crisis . Thought Behind Things , 2023-05-03.
Show the source passages (42 statements)
  1. Ammar Yaseen is the Vice President Investments at Sarmaaya.pk. Ammar Yaseen is the Vice President Investments at Sarmaaya.pk.
  2. Ammar became Vice President of Investments at Sarmaaya. To I became the Vice President of Investments in Sarmaya.
  3. Ammar says he teaches students at Sarmaaya. main jo mere students bhi hain jo aage Sarmaya ko usmein main padhata hoon
  4. Ammar says his course is called Capital Fundamental Analysis. mera to my course is capital fundamental analysis
  5. Ammar says his parents were first cousins. my both parents are first cousins toh my dada and nana are basically brothers
  6. Ammar's great-grandfather moved from Bombay to Karachi and then to Lahore. my great grandfather came from Bombay, Bombay se Karachi and Karachi se then Lahore
  7. Ammar says the family factory employed 500 people in the 1950s and 1960s. Toh hamari factory mein 1950s mein aur 1960s jo ke basically Pakistan ka global golden era kaha jaata hai, usmein 500 people used to work under us
  8. Ammar says that after nationalisation in the 1970s, the business started to go down slowly. 1970s mein nationalization wagera hui aur saare yeh problem jo aati hain woh saari problems aana shuru ho gayi and business started to slowly go down
  9. Ammar's family ran a wholesale garment accessories business. Toh wholesale ka garment accessories ka saara yeh hamara kaam chalta raha
  10. Ammar says the family's monthly sales reached 1 crore rupees within two to three years. within two to three years hamari jo sale thi woh per month 1 crore pe chali gayi thi
  11. Ammar was studying for O levels at a school when he received a scholarship. us time pe main O levels mein tha Beaconhouse mein
  12. Ammar received a 100% scholarship, and his parents then let him continue his studies. woh meri 100% scholarship lag gayi and my parents decided ke yaar isko thoda sa aur padha denge
  13. Ammar completed A levels and then went to LUMS. Then maine A levels wahan se kiya and then A levels ke baad fori taur pe I went into LUMS
  14. Ammar graduated from LUMS in 2011. So LUMS mein phir graduation 2011 tak ki
  15. Ammar says the family business was doing very well when he graduated in 2011. jab main 2011 mein graduate kiya toh the business was going very very well
  16. Ammar started making investments in 2012 and 2013. us time pe again 2012, 2013 ke andar jo hai maine investments wagera bhi start kar di
  17. Ammar says he invested in oil companies. maine oil companies ke andar investment kar di
  18. Ammar says his business lost about 3 to 4 crore rupees. business mein mera takreeban 3 se 4 crore rupay ka woh bhi nuqsaan hua hua tha
  19. Ammar read investing books including The Intelligent Investor and Security Analysis. Intelligent Investor ho gaya, Security Analysis ho gayi, The Little Book That Beats The Market ho gayi
  20. Ammar describes assessing companies on growth factors, stability factors, valuation factors and intrinsic value. growth factors kya hote hain, stability factors ek company ke kya hote hain, valuation factors kya hote hain, intrinsic values wagera kya hoti hain
  21. Ammar pitched at the National Incubation Center, LUMS. maine NIC ke andar pitch kiya, National Incubation Center, LUMS ke andar
  22. Ammar says 25 of 350 ideas were selected, and his was one of them. 350 ideas thay total and 25 got selected, toh I was one of them
  23. Morningstar asked for 1 lakh rupees. Morningstar ne kaha ke bhai 1 lakh rupay do
  24. Ammar says that as a retail or individual investor he probably could not pay that amount. main as a retail investor ya individual investor shayad nahi kar paunga
  25. Ammar built a platform for himself using Morningstar data. Morningstar se maine uski base pe ek apne liye toh platform bana liya
  26. Ammar says COVID shut down his business. COVID aa gaya toh ab saari cheezein band hain, business band hai
  27. Ammar says he put some of the returns he had made into the construction side. jo returns banaye hue thay maine thoda sa construction wali side pe bhi laga di
  28. Ammar says his career after 2016 has centred on building Sarmaaya. post-2016 is all about Sarmaya ke build up aur the success of Sarmaya
  29. Ammar says his students made about 60% to 70% returns in the last year. last one year mein my students have made like 60% 70%
  30. Ammar says inflation is to be kept within a target of 5% to 7%. humne inflation ko hai 5 to 7% target ke andar rakhna hai
  31. Ammar holds that people should always be investing rather than keeping cash. you shouldn't have you should always be investing at all times. Yeh mera manna hai
  32. Ammar says Pakistan's T-bills returned about 21% at the time. Is time Pakistan ke T-bills ke andar jo hai 21% ka return hai
  33. Ammar says that when markets are at an all-time low, that is the time to invest. jab aapki markets all time low hoti hai na, that is the time to invest
  34. Ammar calls Pakistan a sleeping giant. Pakistan is a sleeping giant. Main toh yahi kehta hoon.
  35. Ammar says he hopes Pakistan will become the next Singapore. I want to see is ke Pakistan jo hai woh becomes the next Singapore
  36. Ammar says companies in Pakistan that earn revenue in dollars have had phenomenal returns. Toh jo companies Pakistan ke andar is time dollar based bhi revenue generate kar rahi hain, unka return is phenomenal
  37. Ammar says Pakistan's debt is about 70% of GDP. Toh 70% jo hai aapka debt level hai of the GDP, Pakistan ka
  38. Ammar says there is always an opportunity in a crisis. Agar crisis bhi hota hai na there is always an opportunity out there
  39. Ammar says the US market is about 30% of world GDP. US market jo hai total 30% GDP of the world hai
  40. Ammar says he evaluates whether a stock is investable over at least one year. main kam az kam ek saal ka period jo hai na uske liye dekhta hoon
  41. Ammar says he checks whether sales are rising and whether profit turns into cash. Sales badh rahi hain ke nahi? Sales jo hain profit mein convert ho rahi hain ke nahi? Profit jo hai cash mein convert ho raha hai ke nahi?
  42. Ammar says cash flow statements are not available in Pakistan. cash flow statement ek hoti hai aapki jo financial statements ke andar hoti hai, woh bhi available hi nahi hai Pakistan ke andar