Tim Armour recently posted an article in collaboration with CNBC about the numerous aspects of the wager that international financialist Warren Buffett put forward. Recently, Buffett released a statement saying that he would wager a total of one million dollars towards a charity if he made more money than a group of people who were owners of hedge funds. Since making a bet, Buffett has managed to stand his ground, and it looks like he may be on a path to victory after all.
In the article, Tim Armour argued the points that Warren Buffett was making with regards to the investment portfolio that one should opt for if they want good and profitable returns. According to Buffett, one should choose to invest from the bottom up, meaning that people should invest in companies that aren’t too expensive but may have good turnarounds shortly. According to Tim Armour, this may turn out to work against the favor of those who are investing, since the common masses are often swayed by what they see on the surface and not what goes on deep within the company. The plan works for someone like Warren Buffett because of the incredible amount of experience he has working in finance and the incredible foresight that he has regarding the field of investments and how they work out. To know more about him click here.
Timothy D. Armour is one of an essential member of Capital Group. Operating out of Los Angeles, Tim Armour, as he is more commonly referred to is the chairman of the company. He has contributed immensely to the overall growth and development of the company and has made it the strong name that it is today. Tim Armour took over the position in 2015, and since then, the company has seen some of its best profit margins to date.