Apart from being analytically sound, Ayaz is a highly thoughtful investor with an abiding sense of purpose. He has the rare ability to connect “narrative to numbers” with great fluency. Though he is slightly unconventional, Ayaz has a nuanced understanding of tricky issues in portfolio construction and risk mitigation. His considerable humility, willingness to absorb constructive criticism, searing honesty and insatiable desire to learn are not easily matched by his peers. He has greatly expanded his “circle of competence” over time and is an excellent judge of value. He has an impressive professional network. Unsurprisingly, there is a clear consensus within the group, that “Master Mo” is one of the most prodigious and original investment talents of his vintage!