Tim Armour serves as the Chief Executive Officer, Chairman and Equity Portfolio Manager of Capital Group.
Tim Armour’s Commentary on Warren Buffet’s Investment Strategy
Tim Armour made a commentary about the investment strategy of Warren Buffet via CNBC. One million dollars was wagered by Warren Buffet for a charitable event to attain better returns on investment. According to Warren, there are many expensive and mediocre funds that led to the shortchanging of various investors. Tim Armour supports the idea of Warren to purchase and hold simple investments for long-term periods at lower costs.
When it comes to down markets, index funds do not provide cushion against them. According to an online survey that was done in 2016, approximately only 1200 investors knew that index funds expose them to 100% losses and volatility during downturns of the markets. Mr. Buffett has a liking towards the investment approach of bottom-up which has been classified as durable when it comes to analyzing a company’s portfolio over the years and learn more about Tim.
Tim Armour’s Advice For Investors To Find Active Managers Who Earn Their Keep.
Based on extensive mutual fund research , investors require two filters when identifying and searching for exceptional fund managers, namely: subsidized costs and high manager ownership. Foundations are likely to yield better investment returns and Warren Buffet strongly advises American citizens to use investments as a method of preparation for retirement and more information click here.
Tim Armour Named Chairman
On July 2015, Tim Armour was named as Chairman of Capital Group which is the largest and leading investment firm for funds in the world and Tim’s lacrosse camp.
Tim Armour’s Career Background
Tim Armour’s career began at the Associates Program for Capital Group as an active participant. Before attaining the Chairman and Chief Executive Officer title, Mr. Armour was an Equity Investment Analyst at Capital Group. During that period, he was responsible for the global communication at the esteemed company. Tim has about 32 years of experience in the investment fund industry which is majorly attributed to his time at Capital Group. Tim obtained a Bachelor’s of Commerce degree in Economics from the Middlebury College.
Other Reference: https://www.thecapitalgroup.com/our-company/management-team.html