Warren Buffet idea of giving an amassing fortune of $1million to charity is a classic case of investing in low cost and less complex portfolio. However, it is unlike most investment bankers and investors who prefer more intense and risky investments that are dubbed to give higher and unswerving returns. However, Tim Armour, an investment manager stipulates that though, Warren may have made a sound but weak investment, this will only be determined by the returns of the portfolio.
At present, Mr. Tim Armour is the Chairman and Executive Director at the Capital group. He has held this position since the year 2005, upon the death of the previous director, Mr. James Rothenberg. Tim was voted into the position by the board of directors. He holds an Economics degree from the Middlebury College. Before the Tim served as an Equity Investment Analyst at Capital, dealing with global communication strategies. His career at Capital kicked off in 1983 as a member of The Associate’s program.
In the zeal to expand the companies’ market base, Tim signed a contract to partner with Samsung. He viewed this as a niche to magnify Capital Group’s clientele base, while improving Korean investment forums, guaranteeing insurance policies and managing their retirement benefits. Following the 2015 selloff, Tim saw this an opportunity to dispose of extra resources with the aim of creating an equilibrium to the market economy. Tim Armour has offered extensive and vital advice to investors around the globe. He has termed Donald Trump’s era as a time for increased economic growth, though this will come handy with increased taxes and inflation.