Warren Buffett is a genius when it comes to investing and to prove it he has made a $1 million dollar wager. The winnings will be given to charity. Buffett is very smart when it comes to the best investment strategies. Warren Buffett advocates low cost and simple investments. He believes those need to be held for a lengthy period of time. Warren Buffett is hoping to see more Americans start to save their money. Buffett wants to see people begin to invest and continue to invest.
Warren Buffett does not believe in the “active versus passive” argument that many investors make. He claims they don’t help investors. Warren Buffett has managed to filter out the strong fund managers from the weak fund managers by using two filters, low expenses and high manager ownership. He looks for fund managers who risk large amounts of their own finances, which roots out the low ranking fund managers. Warren Buffett is one of the country’s leading investors and has been helping people invest more intelligently.Buffett sees the need for Americans to invest and Buffett is aware of the unstable economy, but he tells his clients that you can still make money investing despite the current financial conditions.
Armour serves as Chairman and Chief Executive Officer of the Capital Group. Tim Armour has gained more than 32 years of experience at Capital Group. He launched his career with Capital Group in their Associates Program. At the beginning of his financial career, he was an equity investments analyst who dealt with American service companies and global communications.Tim Armour received a Bachelor’s Degree in economics from Middlebury College. Tim Armour has appeared on MSNBC and CNBC discussing the investment world and the changes he is seeing. Armour is located in Los Angeles and is currently expanding the work that Capital Group is doing. Read the General article.