Timothy Armour Career Path and Investor Advice

Warren Buffett put up $1 million for charity to get enhanced investment returns than some hedge fund managers. The investment is an S&P 500 passive index fund and the bet will be decided this year. In a recent annual shareholder letter, Mr. Buffett imparted his thoughts on investing.

 

Timothy Armour weighed in and agreed that too many run of the mill and expensive funds that aren’t to the investors benefit. He said Americans need to save more for retirement, investing and staying invested. Consumers should be cautious of product labels since mutual funds have an average or poor returns in the long run. Though, volatility risks and costs of passive index investments are either underrated or unidentified. Armour said it isn’t about passive or active; it’s about the excellent long-term return with a low cost. He said it isn’t possible to know what investments will perform. After exhaustive research of thousands of mutual funds for decades Armour said he found two ways to filter them. It starts with a low expense, but high manager ownership with fund managers that invest a lot of their own money. Then it will result in a group of managers that are constant in outpacing benchmark indexes. He says there is nothing random in doing better than the market average and more information click here.

 

Timothy Armour the now chairman of Capital Group companies and executive officer of Capital Research and Management Company Inc. earned a bachelor’s degree from Middlebury College in economics. He began his career at Capital as a participant in the Associates Program in 1983. Where earlier he was an equity investment analyst for the company and covered global telecommunications and U.S. service companies and Armour on Facebook.

 

Armour has 34 years of investment experience and is based in Los Angeles. In 1994 he became the senior vice president at The American Funds. He commented on the market and the presidential election in an interview. Armour said some asset managers are still doubtful if the election of Mr. Trump will honestly end the “new normal” that was the sluggish economic growth. He believes this is real, he said that the bottom has been seen and has signaled it’s big and real and learn more about Timothy.

 

More visit: https://medium.com/@timarmour

Entrepreneur Christopher Burch Renovates and Opens the Most Beautiful Resort, Nihiwatu in Indonesia

Chris Burch is an active entrepreneur with many diverse retail brands. The newest in his scope is in the hospitality market. He bought a beach hotel located on the Indonesian island of Sumba with his friend James McBride, an hotelier. Together they used approximately $30 million to renovate the beach hostel and revived it as a five-star resort with the name Nihiwatu back in 2015. In 2016, the resort was voted the best hotel on earth by Travel and Leisure.

Chris Burch pointed out in an interview with Business Jet Traveller that he bought the hotel for his children as something he hopes they can preserve and give back to the community. He further explained that Nihiwatu was a special, beautiful place and that’s why he did extraordinary things like building a spa under a waterfall and even having a personal butler in each room.

The Wall Street Journal featured Chris and explained that he divided his time between three main locations including Miami, Hamptons and his new resort in Indonesia. The resort comprises of approximately 27 private villa including Burch’s private home. Nihiwatu has since become the biggest local employer for individuals on the island. Moreover, a percentage of the resort’s revenue is donated to the Sumba Foundation. Sumba Foundation is a charitable organization that funds important projects in the local community. Burch and McBride are planning to expand and construct more hotels in Nicaragua and Costa Rica that will be accessed by the millennial tourist.  More of this on bjtonline.com.

About Chris Burch

Christopher Burch is the creator and principal of Burch Creative Capital. Moreover, he is a serial entrepreneur in a wide range of markets such as real estate, fashion, technology and now hospitality. His known brand portfolio includes Poppin, ED by Ellen DeGeneres, Cocoon0, and Nihiwatu. He also has a Trademark to some recognized brands like Voss Water, Faena Hotel + Universe, and Jawbone. Burch is passionate about branding, and he applies his sales and marketing expertise to his many business ventures. He has over 40 years’ experience as an investor and entrepreneur, participating in the rise of over fifty corporations.  More of this on wsj.com.   What has made him successful is his combination of intuitive understanding of consumer behaviour with multinationals and direct sourcing experience.

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Additionally, Chris Burch also worked as a board member at Rothman Institute Orthopaedic Foundation, and he was a former president of The Pierre Hotel Co-op Board. He is also a philanthropist who has donated funds to several foundations including Mt Sinai Hospital in New York, The Henry Street Settlement, The Sumba Foundation, The Child Welfare League of China and The China Association of Social Work.  Additional article on huffingtonpost.com.

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