Warren Buffet believes he can achieve better returns on investments than hedge fund managers and has wagered $1 million for charity that he will win. So far it appears he will collect. He believes in simple investments held for the long term. He analyzes companies and approaches investments from the bottom up. He strongly feels Americans need to start saving for their retirement and has offered some excellent tips to learn more: https://www.americanfunds.com/individual/news/senior-management-changes.html click here.
Warren Buffet believes people should be wary of product labels. He says they often provide poor returns for the long run due to excessive trading and high management fees. He believes in order to achieve a good long term investment a lower cost is key component. He additionally states passive index returns are a safe path regarding establishing a better retirement. Warren Buffet admits a crystal ball is not applicable regarding investments and there is no way to know which funds are going to outperform. He feels the best course invest in funds with a high manager ownership and low expenses.
Timothy Armour is the Director, Principle Executive Officer and Chairman for Capital Research and Management. He also serves as the Chairman and Equity Portfolio Manager for The Capital Group. He has a lot of experience in investments and has been an Equity Investment Analyst. He joined the Capital Group in 1983 and his career started in their Associates Program. His Bachelor’s Degree was acquired at Middlebury College.
Timothy Armour understands the fatigue the markets have been under and the struggles of equities. Donald Trump’s victory ignited drastic changes in the markets asset prices. He feels this is a seismic shift that is both huge and very real. He says the market has signaled, voted and is running with the changes. He believes the effect will be profound but realizes some people will believe while others will not. In an interview he granted FT he admitted he feels the shift is real and that he has seen interest rates continue to decline for the length Tim Armour entire career. He also believes we have already seen the bottom of the market.