Warren Buffett once made a bet on approx. US$1 million for a charity that he is going to get better returns on the investment than a group of ordinary hedge fund managers by making an investment in an S&P 500 fund. This bet will conclude soon, and it seems that Warren will be proving right for his comment.
Buffett is correct; there are more than mediocre and costly funds that are going to shortchange investors. The approach of Buffett about bottom-up investment building a durable portfolio and rigorously analyzing companies has proved it since few decades. And nobody is better at delivering a message that American citizens need to save for retirement.
An investor who was clever enough to have put US$10,000 in initial S&P 500 index fund four decades ago will have almost half a million dollars now. By saying that somebody who invested similar amount with best five active funds would have earned more wealth.
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That’s where you would be in need of professional guidance about which path to choose. And for that, there is no other appropriate option for you but Timothy D. Armour. He is chief executive officer and chairman of Capital Group, and that is enough to prove his worth that he holds two most important posts in a company.
Tim has more than three decades of financial investment experience and that all with only one Group. And that prove his dedications that he is not running after money, if he would, Tim Armour could have changed many companies.
For more information about Tim Armour, just click here.