Amanie Afra Halal Investment Ltd
It was a great evening yesterday in Bangkok city. We had a soft launching of Amanie Afra Halal Investment Ltd, our new company of the JV between Mr Sakk, Mr Lukman and myself. We are joining the forces and resources to work collectively on fund raising, venture capital, business advisory and merger&acquisition....the halal way. We are committed to adopt a co-investment between Islamic investment and traditional investment.
The whole event from welcoming drink to maghrib prayer to few speeches to dinner took place at garden office of Mr Sak at Bamboo Whisper Garden in Bangkok. It was a nice environment. We had guests coming from Middle East and Asean countries, both Muslim and non Muslims. I was asked to lead the Maghrib prayer and to give a keynote adddress.
In my speech, I was saying, based on my experience working or having connection world wide, that the time now is the era of investors. It is the investors, accross the globe, who are pushing for Islamic investment in various financial instuments from debt to fixed income to equity to hybrid and derivatives to fund. This is a good news. If the investors - in all asset classes such as shares, sukuk, property, trading, mineral, agriculture, infrastructure - are not hungry for Shariah compliant investment, the push for Islamic finance will be difficult and harder. We need to capitalise this trending. Here lies the importance of Amanie Afra Halal Investment Ltd.
The synegry has become the new equity. Not only we need to embrace the synergetic approach, we also need to create new synergetic opportunities to come our way.
We know we have a dream (as inspired by Martin Luther King) and we also know that the time is perfect to create the financial bridge for the whole comunnity....to invest in halal investment.
MDB
embrace equity 在 綠角財經筆記 Facebook 的最讚貼文
英國首相邱吉爾先生曾經說過這麼一句話,”Democracy is a terrible form of government, but eight times better than any other.”
民主是很糟糕的政府型態,但比任何其它存在過的型態都來得好。
這真是一句漂亮且務實的說法。民主政府的”效能”與缺點,相信身在台灣的讀者朋友,有第一手的親身體驗。
你覺得,這是個什麼爛制度,但沒辦法,我們就是要繼續用。許多時候,或說是在大多時候,在現實生活中,我們沒有完美解決,我們只有現階段最好的解決。因為它的不完美,我們必需忍受這個方法與制度的缺陷。
我們不能也無法承擔,因為否定這個制度的缺點,而走上回頭路的後果。民主不好,所以你要試試看極權統治嗎?在國王皇后統治的時代,他們要開戰或加稅,你只能順從或武裝叛亂時,才能體會民主的可貴嗎?
不,民主不夠好,但比其它已知政治型態都還要好,所以在下一代更好的統治概念出現前,我們都仍繼續使用民主體制,並一路上修補它的大洞小坑。
同樣的概念,在我思考投資與金融相關的問題時,反覆的出現。
在投資方面,指數化投資是個好主意嗎?追求平均?這會是個好主意嗎?
表面看起來,實在不像。但在我們知道其它確實可行且更好的投資方法之前,指數化投資是絕佳管道。
與其相信虛幻的選股能力,不如相信年復一年獲取平均的穩當。太多人相信難以成立的選股能力,而放棄指數化投資的路途,是一種昧於事實。
很多投資人(或投機人)直接用一句,”我努力研究一定可以勝過市場”,直接否決早已成篇累櫝的理性分析,然後一頭埋進用功選股的遊戲當中。這種愚昧的程度,只有在地球衛星圖前說”我相信地球是平的”,可堪比擬。
而且,所有,我再重覆一次,所有偉大的選股大師,包括葛拉漢、巴菲特、彼得林區、大衛史雲生,在他們心中,市場都是一個可怖可敬的對手,他們非常明瞭輸給平均的危險。
巴菲特說, "A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth."
彼得林區說,"Most investors would be better off in an index fund."
David Swensen說,” In the final analysis, the benefits of active management accrue only to the fund management companies, not to investors. Sensible investors embrace passively managed index funds.”
因為明瞭這個危險,才有那麼一點機會打敗市場。其他根本不知道自己在挑戰什麼,蒙著頭,呆呆向前衝的人,後果可想而知。
這也是為什麼,指數型基金教父John C. Bogle在接受晨星訪談時,模仿邱吉爾的說法,說出,
” Indexing is a terrible way to invest, but it’s a better way than any other way to invest that has ever been devised.”這句話的原因。
(完整全文與續篇請見:http://greenhornfinancefootnote.blogspot.com/2008/10/winston-churchills-political-opinion.html)
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