If you are aware of who Timothy Armour is, then you may know that he has become well known for being an investor who has been successful by following some proven strategies within the market. He’s the CEO and chairman of the Capital Group; principal executive officer of Capital Research and Management Company, Inc., chairman of the Capital Group and more. He now has 34 years of investment experience, all of which have been through working with the Capital Group. In the earlier days of his career as an investment analyst at Capital Group, he’s covered U.S. service companies and global telecommunications. Tim had begun his career by joining The Associates Program at Capital Group. He currently holds a degree in economics. He’s based in the city of Los Angeles.
If you have become an investing enthusiast, then there are no doubts about the fact that you have probably heard of the name Warren Buffett. He may be considered as being one of the best investors ever. He has recently wagered $1,000,000 for charitable purposes in which he’s capable of achieving better ROI’s than groups of hedge fund managers by investing in passive index funds of the S&P 500.
That particular bet is going to be decided this year, and it’s looking like he is going to end up collecting. Tim Armour is absolutely right in the sense that there’s too many expensive and mediocre funds that have been shortchanging investors. It’s imperative for us to ensure that we support the commitments that he’s made to simple and low cost investments that one should buy and hold for long terms. He’s maintained an approach of bottom-up investing in which has has basically rigorously analyzed companies while simultaneously developing durable portfolios- strategies that have proven to be very successful over the course of many decades.