Timothy Armour serves as the Chairman and also the Chief Executive Officer at Capital Group. Timothy wrote a commentary about Warren Buffet being wrong about the investment strategy. According to Tim, Warren has wagered approximately $1 million for charity to get better investment returns compared to hedge fund managers’ group by investing in a passive index fund of S&P 500. Just like Warren Buffet, Timothy Armour agrees that many expensive and mediocre funds usually shortchange investors. Timothy says that he supported Warren’s commitment to simple and low-cost investments to be bought and held for a long term and more information click here.
Timothy Armour says that the bottom-up investing approach by Warren Buffer has managed to prove itself for many years. This includes analyzing companies rigorously and creating a strong portfolio. He also agrees that there is a need for Americans to save more when it comes to retirement, to invest and also stay invested. According to Timothy Armour, it is time for people to challenge the idea that better retirement is brought about by passive index returns. He adds that it is not about passive or active index returns but delivering good investment returns that are long term.
Commonly referred to like Tim, Timothy Armour is the Principal Executive Officer at the Capital Research and Management Company. Tim has a broad experience in the investment industry and has acquired a reputation as a reliable and efficient investment advisor. He offers his advice about the right investments to new and established investors to get good investment returns. He formerly worked as an Equity Investment Analyst at the Capital Group where he was responsible for handling global telecommunications. In 1983, Timothy Armour joined Capital Group Companies, Inc and had over the years held different positions at the company. His hard work and commitment have seen him through one promotion to another. He started his career when he participated in The Associates Program and learn more about Timothy.
Timothy Armour graduated from the Middlebury College with a bachelor’s Degree in Economics. He attributes his success to hard work, discipline, and passion. Through his leadership, Capital Group has registered massive success and expansion and Timothy’s lacrosse camp.
More visit: https://www.thecapitalgroup.com/us/about.html