Not long ago, Warren Buffet bet $1 million for charity if he didn’t earn better investment returns than a group of hedge managers through an S&P 500 passive index fund. The anticipated bet is scheduled to end this year, and to a surprise, it seems that Buffet will have to keep his money and more information click here.
According to Timothy Armour, a respected investor, Buffet’s investment strategy is good. Based on the fact that in the recent market many worthless funds are going at abnormal prices, most of the investors may end up falling victims of a con. Therefore, Buffet’s strategy of long-term and low-cost investment is likely to achieve.
While addressing Buffet’s recent statement to the shareholders, Timothy accords to the fact that it is essential that investors have an in-depth of the product labels offered by the companies. Many mutual funds carry out excessive trading at inconsiderable charges hence resulting in worthless long-term returns. Conclusively, the opportunity costs of the passive index are unknown and learn more about Timothy.
Therefore, according to Timothy, Buffet’s strategy is in way unconvincing. From an expert’s point of view, investment is not about a passive or active fund. It’s about receiving decent returns at a low cost. Precisely, it’s next to impossible to decide which funds are likely to outshine the other hence disputing Buffet’s game strategy and Timothy’s lacrosse camp.
About Timothy Armour
The name Timothy Armour is big in California. Whenever an investment discussion is held in Los Angeles, Timothy rarely misses being involved if not included in the panel. The successful investor boasts of holding about 33 years in the game. Today the hard working investor serves as the CEO and Chairman of renowned, Capital Group.
Timothy Armour schooled in Vermont at the Middlebury College. He graduated with Bachelor’s degree in Economics. Often career experts would say that every successful career has a tiring journey behind it and Timothy’s storyline accords. Capital Group’s Chairman joined the organization as a participant in the associate’s program. Afterwards, based on his great contributions, Timothy was posted as Capital’s Investment Analyst, a task that greatly attributed to the experienced individual he is today. Besides, working in the Jason Foundation for Education also nurtured his career in a better way and resume him.
More visit: https://medium.com/@timarmour