Warren Buffett informing the American people

Warren Buffett has made a $1 million dollar bet, claiming he can make better investment returns than a group of hedge fund managers by simply investing S&P 500 passive index fund. Buffett has promised the money will be given to charity, with him expected to be declared the winner sometime this year.


Timothy Armour, chairman and chief executive officer of Capital Group is a supporter of some ideas that Warren Buffett has introduced. Both men support cheap and simple investments that are bought and held for a long time period. Warren Buffett is a strong advocate of what is called “bottom-up investing” which deals with closely analyzing companies and creating a durable portfolio. Warren Buffett encourages Americans to keep saving as they get closer to retiring and also to begin investing and to stay investing and more information click here.


In a letter to shareholders, Warren Buffett tossed aside the “active versus passive” investment debate, arguing that it does not help investors. Tim Armour supports Buffett’s method of finding the strong investor. He separates the strong from the weak by analyzing low expenses and high manager ownership. Buffett and Armour both agree that it is important find an investor who invests a lot of their own finances and learn more about Timothy.


Tim Armour is the chief executive officer of Capital Group, which manages American Funds. He has accrued more than 35 years of investment experience with Capital Group. He started his career with Capital Group as part of the Associates Program. He was also an equity investment analyst with Capital Group were was responsible for covering global communications and American companies.


Timothy Armour now lives in Los Angeles, California. Armour received a bachelor’s degree from Middlebury College. Armour has been interviewed by several business magazines including Financial Times and Bloomberg. Armour has also given investing advice to the public during segments on MSNBC and CNBC and Timothy on Facebook.


More visit: https://medium.com/@timarmour

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