Warren Buffett willing to Put His Money where His Mouth is

Iconic investor and businessman Warren Buffett publicly made a large $1 million dollar wager on the belief that he could get better investment returns than a group of hedge fund managers by only investing in a S$P 500 passive index fund. The world is expected him to be the winner and Warren Buffett has promised he would give the winnings to charity.

 

Capital Group CEO Timothy Armour has held some of the same investment beliefs as Warren Buffett. They strongly believe in the idea of making cheap and simple investments, while also holding those for a lengthy time. Buffett has publicy favored the investment idea of “bottom-up investing.” Bottom-up investing analyzes companies and builds a portfolio that is durable. Warren Buffett has acknowledged the one issue facing Americans and that is having enough money saved for retirement. He continues to encourage Americans to save more as they look ahead to retirement and more information click here.

 

He also calls on people to start investing and to stay invested. Warren Buffet has discovered a way of finding the right hedge fund manager. Buffett analyzes low expenses and high manager ownership, which puts the strong investors in the front. Buffett also looks for hedge fund managers who invest a majority of their own funds and learn more about Timothy.

 

Along with being CEO, Timothy Armour is also chairman of Capital Group, which owns American Funds. Tim Armour has amassed over 35 years of investing experience with Capital Group. HE began his investment career as an equity investment analyst, where he was responsible for global telecommunications and American service companies. Tim Armour began his time with Capital Group as part of their prestigious Associates Program.

 

Timothy Armour earned a bachelor’s degree in economics at Middlebury College. Right now he currently lives in Los Angeles, California. Armour has made multiple television appearances including appearing on MSNBC and CNBC. He’s also been featured in several business magazines and Timothy’s lacrosse camp.

 

Other Reference: https://en.wikipedia.org/wiki/Capital_Group_Companies

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