Timothy Armour is one of the highest authorities on equity investments. He has over 30 years of experience working for one of the world’s most respected financial firms, Capital Group. Immediately following his college graduation, Mr. Armour applied to Capital Group’s Associates Program. He’s been with the company ever since.
Timothy Armour began his career as an Equity Investment Analyst. He was responsible for coverage of their global telecommunications and their U.S. service companies. He didn’t take long for him to ascend the corporate ladder to several high-ranking positions. Recently, Armour became the company’s Chairman, succeeding his former mentor, James Rothenberg.
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Being so highly respected, many paid attention to Tim Armour when he offered his opinion on Warren Buffett’s recent wager. Mr. Buffett wagered that he could earn better returns than any group of hedge fund managers simply by investing in an S&P 500 passive index fund. The wager was for $1 million, which would be donated to charity.
The wager took place last year, and so far, it looks like Buffett will be victorious. Armour explains that there are more mediocre and expensive funds that shortchange younger investors. Buffett’s strategy of committing himself to low-cost, simple investments yields higher returns in the long-term.
Warren Buffett’s approach is a time-proven strategy that he’s used to many decades. Rather to switching from hot-shot stock to hot-shot stock, Buffett uses his personal experience to analyze companies to build a durable portfolio. There’s a reason Warren Buffett’s is the poster boy for saving for retirement. He’s a shining example of way more Americans need to get invested and stay invested.
There are many reasons to listen to Timothy Armour and Warren Buffett when it comes to making investment decisions.
Learn more about Tim Armour: https://www.youtube.com/watch?v=6PelYjPosC0