Capital Group’s CEO Challenges Warren Buffet

Timothy Armour is the Chief Executive Officer of Capital Group, home to American funds and one of the biggest fund managers in the world. Timothy Armour recently challenged an assertion made by Warren Buffet—something Buffet believes in so deeply that he bet 1 million dollars on it.

Buffet recently wagered one million dollars on the premise that passive index funds are the best investments for retirement plans. He believes that inventing in an S&P 500 fund would make more money than if he places funds with hedge fund managers. The one million at stake would go to charity should Buffet win the wager.

Armour concedes that Buffet may win this bet, as some hedge funds turn out to be costly for investors. However, Armour believes that the issue is not about whether passive index funds are better than active ones—but about what investors receive in the long term. He also doesn’t believe that passive index funds are the safest place to put mutual retirement funds.

Although there are actively managed funds that have shown poor returns—there are others that have done the opposite. For example, an investor who placed $10,000 forty years ago in the S&P index fund would have returns of more than half a million dollars today. However, if that same investor had placed his investment in high-performing funds, he would have made even more than half a million dollars on his original investment. Armour believes that the key is finding fund managers who do their due diligence.

Named CEO of Capital Group on July 28, 2015, Mr. Armour graduated from Middlebury College with a degree in Economics and has more than 30 years experience in the finance industry. Recently, he played a key role in developing the partnership between Samsung Asset Management and Capital Group.

AnthonyPetrello: NI, Education, And Family</i>

Anthony G. “Tony” Petrello is a Houston, Texas-based businessman and entrepreneur in the energy industry. He is also reportedly a known philanthropist. Currently, present, he is the CEO (chief executive officer), president, and chairman of the board of the company known as Nabors Industries.

Formal Education and Work Experience

Jason Petrello has racked up over a quarter of a century of related work experience to date. His success, however, is certainly due in part at least to his formal education. He earned his J.D. degree at Harvard University. He completed both a bachelor’s and a master’s degree in mathematics at Yale University.

Family and Philanthropic Interests

He and his wife Cynthia have a child, a daughter, named Carena. Carena was diagnosed with a birth defect called Periventricular Leukomalacia. This birth defect is specifically caused at birth. It’s brought on due to a lack of oxygen in the brain.Petrello and his spouse soon found out that there is a significant lack of work in the field of mental research for infants. This spurred the couple into action. They decided to make numerous charitable contributions to one cause–the Jan and Dan Duncan Neurological Research Institute at the Texas Children’s Hospital.By doing so they hoped to help increase the amount of research done in the area. Petrello and his wife hope that their contributions to this particular research institute will one day lead to a real breakthrough that will help other families who have similar issues.

 

Petrello’s Success

Numerous online sources confirm that Petrello is the most successful and well-paid executives on the planet. Furthermore, he has been able to meet all his professional career goals via a mix of interpersonal skills, hard work, education, and ambition. Finally, Petrello consistently proves his credibility and reliability through his work performance in driving Nabor Industries to set a definite competitive advantage over all of the competition.

Source of the article : http://www.houstonchronicle.com/business/steffy/article/Nabors-keeps-overpaying-CEO-4356088.php

George Soros; A Voice For Democratic Progress

George Soros is known in liberal circles as a man with deep pockets and progressive ideals. He has spent millions of dollars not only donating to politicians and their campaigns, but also giving away billions of dollars through his own philanthropic organizations. He is known as one of the best traders in the world and has amassed a fortune estimated to be around $25 billion. He uses that fortune to help those that need it in the United States and around the world. Read his profile at Forbes.

George Soros has long been known amongst progressives as one that can be counted on to donate money to help move the liberal agenda forward. He donated more than $25 million during the 2016 election cycle to Hillary Clinton and other democratic causes. Part of that also went to progressive causes like immigration reform, abortion rights, and campaign finance reform to name a few.

He has donated $5 million dollars to the Super PAC Immigrant Voters Win. He donated another $5 million to a non-profit organization that fights against the conservative efforts to restrict voters in areas with high immigrant populations. He helped fund social movements as well, like the “Hands Up, Don’t Shoot” campaign that was started in response to the high number of people of color being killed by the police.

In 2005 George Soros was instrumental in the launch of a secret club for major liberal donors called the Democracy Alliance. These club members are helping to build an intellectual infrastructure in the United States. The purpose is to promote long sighted goals through education. They fight climate change, income inequality, and finance reform. Learn more about his profile at washingtontimes.com.

George Soros was born in Budapest August 12, 1930. He lived through World War II and moved to London where he graduated from the London School of Economics. He studied philosophy there and to this day uses the things he learned there to inform his business decisions. He immigrated to the United States in 1956. He started his first hedge fund in 1970.

On his web page George Soros is quoted as saying, “A full and fair discussion is essential to democracy.” He has entered the ring with many progressives when trying to change policy. He uses his fortune to help candidates as well as causes. To date, through his own organization, he has donated over $12 billion dollars to those in society that live on the fringes.

Highland Capital Management: Bold Approach to Investment

Highland Capital Management has come of age since its inception in 1993 to manage approximately $14.9 Billion in assets. It is a Securities and Exchange Board registered investments advisor. Their successful process entails a review of existing investments, evaluating opportunities across issuer capital structures and monitoring trends within those industries. The team focuses on strategies and asset classes where they can add significant value. The company, founded by James ‘Jim’ Dondero and Mark Okada, boasts of an unbeatable investment management and client service team.

 

 

Highland Capital as a Choice for All

 

 

With industry focused research professionals, having an average of 11 years experience investment experience, the company strives to generate consistent above average returns by applying time-tested principles of finance and maintain discipline around capital preservation while shooting for an appropriate risk/return balance. Having been in the game for more than 20 years now, Highland Capital Management is now the biggest Collateralized Loan Obligations manager in the United States.

 

 

The staff has an owner operator mindset that enables them to quickly identify and avoid losers allowing them to provide proper solutions for investors. In 2016, in a blatant display of credit competence and expertise, the Highland Small-Cap Equity Fund energy stock generated a 32% return for investors. The firm’s retail arm manages Highland iBox Senior Loan ETF (NASDAQ: SNLN). NASDAQ enables customers to prepare, optimize and execute their investment visions with confidence. It created the first electronic stock market and is operational in more than 70 marketplaces in 50 countries.

 

 

Face of Highland

 

 

James Dondero, Founder and President, and Highland Capital Management team is passionate about giving back to the community in which they operate by promoting volunteerism, active advisory board involvement, and financial giving. Since 2005, the company has given $10 Million dollars to worthy causes. The philanthropic budget has experienced a tremendous growth to $3 Million annually. In 2011, Jim was in search of an organization to help streamline charitable activities in Santa Barbara.

 

 

In a Nutshell

 

 

Together with the Santa Barbara Foundation they formed Highland Santa Barbara Foundation Inc. and have since distributed $1.5 Million to 27 organizations in the county. This money went to education, youth development and support for veterans. The objective of the foundation is to build community resilience and drive positive change.

 

David Giertz Speaks On How to Improve Social Security

David Giertz is the president of sales and distribution at Nationwide Financing. He gave his opinion on social security to the Wall Street Journal. He started by pointing out how people who chose to invest in social security were unaware of the different plans that were available to them. One can choose a plan that fits them depending on the time that they wish to retire.

David Giertz gave an example of how people in their twenties have different needs compared to an individual who is scheduled to retire in a few years time. People usually go for the first option that they get because they do not know the options that they have. It may not be the most appropriate for them.

Giertz explains that the person at fault is not the one looking for social security but the one who is responsible for signing them up. The official that is handling the plan of the clients should go over the plans so that the customer is able to make an informed decision depending on their situation on bloomberg.com. This is the main reason why people opt for advisors who will present all the information to them and then explain the returns and benefits of each one.

David Giertz is a financial advisor. He has more than three decades of experience. He is an accredited broker and is registered with FINRA. He started his career at Financial Horizons Security Corporation in 1989 where he worked for four years. Giertz then joined Citicorp Investment Services and maintained his role at the company until 1999 at http://financial-advisors.credio.com/l/314999/David-Giertz.

David moved to his current employer known as Nationwide Investment Services Corporation in 1999. He was promoted to vice president of Nationwide Financing Sales in 2004 on soundcloud.com. He held the same position at Nationwide Financial Services. Giertz was appointed the president of Nationwide Financial Distributors and the senior vice president of Nationwide Life Insurance Company in 2013.

Mike Baur Shares His Founder Story

Mike Baur was a featured guest on the Founder Stories interview channel. This is a platform that interviews entrepreneurs on the businesses they founded. Guests are asked questions such as how they started their company, why they decided to create such a firm and what their business does. Below is a summary of what Mike Baur’s live interview contained on Founder Stories.

 

First Mr. Baur was asked why did he decided to create Swiss Startup Factory by the host. Mike Baur said that as he was approaching his fortieth birthday, he decided to try his hand at business. He was taking a big risk he admits. Mr. Baur had a long and highly successful banking career where had already been well established.

 

Another driving force for Mike Baur was the fact that he said he always had an entrepreneurial drive. When Mike Baur turned 40 he decided to go ahead and launch his own business. Mike co-founded the Swiss Startup Factory in 2014.

 

The host of Founder Stories then asked Mike Baur why is the word factory included in his business name. Mr. responded by saying that he wants his incubator to literally manufacture Swiss startups. He almost has a factory style approach to his incubation as well. There is a model for business plans, investment, development, execution and expansion. A startup at the Swiss Startup Factory goes through these stages just like a car goes through an assembly line in stages at a car factory.

 

The Swiss Startup Factory is a startup incubator that focuses primarily on web based businesses. Mike Baur says that Switzerland is a very innovative place. What is lacking is the execution or implementation of an idea into a real business says Baur. The Swiss Startup Factory’s goal is to turn ideas and plans into companies.

 

Found Stories then inquired what makes Mike Baur successful. Mr. Baur said that to be really successful as an entrepreneur one must work very, very hard. He also added that a person needs to be passionate about what they do. It is almost impossible to succeed without these two traits as an entrepreneur.

 

When asked about what gets him going in the morning while he is going to work, Mike Baur said that his drive to succeed with his own business is a major motivating factor. He also invests his own money into ventures, so that motivates him to be extra careful because his own money is on the line.

Investing In Today’s Market Can Be Very Rewarding

Warren Buffett has been known for wagering $1,000,000 to charitable causes in which he’s able to achieve greater investment returns than a group of managers who are in charge of hedge funds. This is made possible by him investing in an S&P 500 passive index fund. That particular bet is going to be decided in this year, and it’s looking like Mr. Buffet is going to be collecting on it.

Mr. Warren Buffett is absolutely correct in saying that there’s way too many funds that can be considered as being expensive and mediocre, much of which are having effects of shortchanging investors. It’s imperative for investors to support his approach of investing in simple and low cost investments that are considered to be long term. Mr. Buffet has been investing in a “bottom-up” style, in which he’s rigorously building durable portfolios and analyzing companies, strategies that have proven themselves over several decades.

If you are seeking someone who you may be able to consult with pertaining to investing, it may be of value for you to know that Timothy D. Armour is a CEO and chairman of a well-reputed organization called the Capital Group. He has 34 years of investment experience and is someone who will be able to guide you along the path towards financial freedom by essentially giving you a solid blueprint of investment strategies that have been proven to be very beneficial for investors to follow, as many have seen great returns.Timothy Armour should be more than willing to help you if you are wanting to see the services that he may be able to offer you. Investing in this day and age has become enjoyable for many people; however, it’s important to ensure that an investor is aware of what they are doing when investing.