Could Warren Buffett Be Wrong?
Tim Armour offers an opinion that differs from that of Warren Buffett, arguably one of the most highly successful investors.
It is the opinion of Mr. Buffett that for most people they will have more successful investing if they simply invest in an index fund, such as the S&P 500. While there is no arguing about the success of that idea, it is not the most successful way to invest money. Mr. Armour humbly offers the argument that low cost funds that have high investment buy-in by their managers will outperform the S&P 500 over time. It is a time proven and compelling argument that any investor should investigate.
Tim Armour was elected chairman of the board to Capital Group on July 28, 2015. At the time of the election Tim Armour was already serving as chairman of the management committee. Tim was given the promotion after the passing away of former chairman Jim Rothenberg. He was supported during this transition by the other senior committee members at that time.
Currently Tim serves as the chairman, Director, and Principal Executive Officer at Capital Group. He joined the Capital Group Companies in 1983 in their associates program after receiving a Bachelor’s Degree in Economics from Middlebury College. During his time at The Capital Group he also served as an Equity Investment Analyst in communications. All of this coupled together provides Tim with a very deep well of investment knowledge.