Timothy D. Armour is based out of Los Angeles and is one of the top players in today’s financial and investment environment. He is the Chairman and Chief Executive Officer at Capital Group as well as Chairman of the Capital Group Companies Management Committee and also the Chairman and Principal Executive Officer of Capital Research and Management Company Inc., and has a vast wealth of experience in investment with over thirty years of experience in the sector.
Timothy graduated with a Bachelor’s Degree in Economics from the Middlebury College in Vermont and proceeded to go on to begin his career in the financial and investment sectors as a participant in The Associates Program at Capital Group. He then went on to become an equity investment analyst, covering a global telecommunications in addition to U.S. Service companies.
Timothy Armour has recently commented on Warren Buffet’s gamble of $1million dollars that he can make more money than a group of skilled and trained professional hedge fund managers by merely investing his money in an S&P 500 passive index fund. It would seem that he is correct, there are many distracting and expensive funds out there that can seriously shortchange investors as the market fluctuates.
Tim Armour says that in order to ensure that you have an investment manager that is worth his salt, and your money, there are two filters to utilize to help narrow your search. First, high manager ownership with low expenses then rid your list of all of the funds and find managers who back their investors money with a high percentage of their own money, that sends the message of confidence in the investment.
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