Mr. Warren Buffet has given out $1 million for charity. He believes he will achieve a better investment returns compared to the group of hedge fund managers. Mr. Warren is the one who is correct since there are very few shortchange investors and very many expensive funds. His commitment to low costs should be considered by investors who are intending to have simple investments.
Timothy Armour is also known for the wisdom he offers that are based on his several years of investing.Passive index returns are proving not the best path to retirement as they offer no compensation to market downturns. Only a few are exposed to 100 percent of the instability and losses during down markets.
About Timothy Armour
Timothy Armour was made the Chairman of Capital Group in July 2015. Timothy started his career officially with the Capital Group in 1983 when he became chairman after the death of the former chairman, James Rothenberg in July 2015.
Timothy Armour’s Educational and Work Background
Tim owns a degree in Bachelor of Economics from Middlebury College Located in Middlebury, Vermont. Tim has 32 years of investment experience; all with Capital Group. He is also an equity portfolio manager.
Timothy’s view on Capitals Group’s partnership with Samsung Asset Management
Timothy Armour sees the partnership with Samsung Asset Management as a change to Korea since it is facing several demographic challenges in meeting the lasting economic needs of a population that is aging. He also thinks it is to help Korean individuals and even their institutions realize their investment objectives.
He even compares what Capital Group has done in the US for example, supervising resources through all market cycles to what it will do to bring solutions to Korean investors.
He also says that their border plan is to co-design solution to investments to achieve the savings and retirement needs of Korean investors.
Timothy’s perspective on the market selloff in September 2015
Timothy Armour says that the markets in the U.S. were respected during the market selloff in September 2015 and assessments were strained for some companies and sectors. So this market correction is what is expected.