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.