Tim Armour Leading Capital Group

Warren Buffet is putting a one million dollar wager up for charity if he loses and is not able to achieve a better return on his investment by using a simple strategy. He plans to invest in an S&P passive index fund.

Tim Armour, CEO of Capital Group, offers his commentary about this. He responded noting that while Mr. Buffet’s strategy may not always show the most financial growth. They are a low-cost solution, which is a key to long-term investment returns. It does not matter if your investment is considered active or passive. Using precise strategies Capital Group has been able to average a return of 1.47 percentage points annually.

Tim Armour graduated from Middlebury College with a B.A. in economics. He has served in the investment field for over 30 years and all of his time has been spent with Capital Group. In 2015 Capital Group elected him as Chairman.

Shortly after his being elected to the chairman, Capital Group and Samsung Asset Management came together to form a unique partnership. They came together to create retirement solutions as well as advancing SAM’s already active investments. The long-range goals from Tim Armour and Capital Groups will be to create solutions to address investment needs in Korea such as savings, and retirement needs.

Learn more about Timothy Armour: https://www.youtube.com/watch?v=-a5Pt_qz36Q