Warren Buffett is a businessman who is never shy when it comes to investment activities. Just the other day, the hedge fund manager challenged other people in business to a one million dollar investment. The hedge fund manager is sure that he is going to get the greatest return on the investment. The winner of the contest will be recognized by the end of the year.
Buffett has announced that he is going to win the contest by investing mostly in the S&P 500 passive index. According to him, the strategy has been very beneficial in the past, and it will work out now and read full article.
Timothy Armour, the chief executive of the Capital Group of companies, says that this strategy might not work this time. According to Warren, there are some flaws in this approach. The hedge fund manager says that Buffet is going to lose the bet.
Timothy has written an article, pointing out that it is no longer effective to rely on low-cost funds. Although they might be attractive in the flooded market for individuals who are planning to retire early, they are not safe. Investors using this simple strategy should understand how the market is changing so that they remain safe and learn more about Timothy.
Businessmen who are planning to invest in passive funds in the modern times can miss the opportunity of getting better returns. Armour urges these individuals to choose the investments that will only bring them good returns in the competitive market. Although there is a lot of uncertainty brought by the 2007 financial crisis, it is possible to make profitable investments and resume him.
Timothy Armour is one of the most successful hedge fund managers in the world. At the moment, he is serving as the president of the Capital Group, one of the largest companies in the world. Armour has served in the company for several decades, and he understands the market very well. His presence in the institution has transformed the company into one of the most profitable firms in the world. As the president of the reputable company, Timothy is responsible for most of the company operations, and he ensures that the company remains a leader.
Other Reference: https://www.ft.com/content/3642213e-308e-11e5-8873-775ba7c2ea3d