Investor Warren Buffett has a lot of confidence in his investment skills. He’s just bet a cool $1 million that he can surpass a handful of hedge fund managers in the investment returns realm. He believes that he can accomplish this just by putting his money into an S&P 500 index fund that’s passively managed. The fate of this bet will come to light at some point in 2017. It seems like Buffett is going to end up being the lucky one in this situation, too. He’s totally right. Pricey and lackluster funds are plentiful. Funds that take advantage of investors are plentiful as well.
Timothy D. Armour is often referred to as just “Tim.” He works as the Chief Executive Officer (CEO) and chairman of Capital Group. Capital Group is a famed financial services firm that’s based in Los Angeles, California. It was established in 1931 by Jonathan Bell Lovelace and has a total of approximately 7,000 staff members. Armour isn’t only responsible for CEO and chairman duties in his career, either. This finance executive is the Capital Research and Management Company’s principal executive officer. He’s even the Capital Group Management Committee’s chairman and learn more about Timothy.
Armour is a skilled portfolio manager who has been a big presence in the enormous investment universe for well over three decades now. He’s been a part of the Capital Group team since his first day in investment, too. He’s enjoyed many different roles during his time at Capital Group. He used to be an equity investment analyst. That’s when he was in charge of American and international telecommunications services firms. When Armour initially appeared at Capital Group, he was a member of the company’s popular “The Associates Program” and Timothy lacrosse camp.
Armour is a graduate of Middlebury College in quaint Middlebury, Vermont. This is a renowned private liberal arts institution that was established back in 1800. He earned a bachelor’s degree at the school. His major was in economics. His economics background has been a significant asset in his rewarding and involved financial career. He makes the most of his economics skills and abilities on a daily basis and learn more about Timothy.
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