Timothy Armour Says the Warren Buffett’s Investment Strategy can Go Wrong

Timothy Armour, the Chairman and CEO of Capital Group, says that Warren Buffet’s decision to invest in S&P 500 passive index fund can go wrong during the market down times. However, Armour agrees that this year, the index may add returns to Buffet considering the current financial conditions. Timothy Armour further says that considering there are many expensive and mediocre funds available in the market, it is good to go for simple and low-cost investments in the form of passive funds. Across the industries, there is a discussion going on regarding passive funds vs. active funds to choose which is more useful. Many active funds are giving only low or mediocre returns to the investors. While coming to passive funds, its opportunity costs and volatility risks are underestimated by the people and more information click here.

Armour bats for providing good long-term returns at low cost irrespective of the fact that whether it is passive or active. While there is a general conception that passive index funds and its returns are a safer path for a better retirement, Timothy states that there is no cushion for those funds against down markets. Interestingly, a survey showed that more than half of the investors in such funds are unaware of the fact that the funds expose 100 percent volatility and losses during the down times of market. Timothy says that the best solution is finding exceptional active fund managers and invest in their funds. With two filters people can identify their choice: managers with low expenses and a high ownership would deliver better results and Tim’s lacrosse camp.

Timothy Armour has more than 34 years of experience in investment management, and he continued all his career with Capital Group. He joined the investment firm in 1983 through its Associates Program and grew in the organization with deep investment analysis and long-term strategies. Apart from leading the firm, Timothy is also a Portfolio Manager of it.

Armour became the Chairman of the firm in July 2015, after the sudden demise of the then Chairman, Jim Rothenberg. He is a strong advocate of transparency inside the company and has driven many initiatives. Earlier, Armour completed his graduation in Economics from Middlebury College and learn more about Timothy.

More Visit: https://www.americanfunds.com/individual/news/senior-management-changes.html

How the Swiss Startup Factory and Mike Baur are Accelerating Tech

Many great ideas never see it past the theory phase, and even more early-stage startups fail due to a lack of direction, running out of funds, or not having the network that they need. Through his work at the Swiss Startup Factory, Baur is helping young Swiss companies that are in the early stages of inception to navigate these challenges successfully. Mike Baur is no stranger to the Swiss business world, as he was an investment banker for 20 years. Now, through his work with the startup accelerator, he is helping entrepreneurs be successful in a much less stodgy industry.

 

The Swiss Startup Factory works with early-stage startups for three very intensive months. It is during this time that they receive mentorship from the leadership team of the accelerator. SSF also makes sure that all of the basics are covered, such as office space and administrative services. Baur, as Cofounder and Executive Chairman, handles the fundraising and financing rounds for the accelerator. The accelerator also provides access to a vast financial and entrepreneurial network that will serve them both during their time at the accelerator as well as into the future. The networking opportunity is incredibly impactful on the future of the early-stage startups as it can put them into contact with financial and business partners.

 

Mike Baur began his professional career as an investment banker. He has worked at the giant financial institution, UBS and was also a member of the Executive Board for a Private Swiss Investment Bank. The idea for the startup accelerator struck in 2014 and Baur, along with two partners founded the Swiss Startup Factory. The early-stage accelerator is part of his ongoing passion for the tech industry and for the next wave of entrepreneurs. In addition to his work with the Swiss Startup Factory Baur is also a co-founder of the Swiss Startup Association where he currently maintains a directorship.

 

It will be interesting to see what challenges Baur takes on next. His belief in the abilities of the young Swiss entrepreneurs continues to spur his drive and creativity. With his work in the tech and startup industries, Baur keeps himself very busy and in spite of this fact, he is always open to help others as much as he can. Baur remains at the forefront of the Swiss tech industry and is thrilled with all of the progress that the Swiss entrepreneurs make.

 

 

OSI – An Innovator In The Food Industry With A Global Flavor

OSI Group LLC is an international food processing company which produces and sells value-added protein items and other food products to foodservice and retail brands. Founded in 1909 and based in Aurora Illinois, the company has more than 60 facilities in 17 countries around the world, located in North America, Western and Eastern Europe, and the Asia-Pacific region. OSI’s products include meat patties, bacon, hot dogs, pizza, fish, pork, poultry, and vegetable and dough products.

OSI Group has been included among America’s top 100 food companies. The company earned this distinction due to its reputation as efficient, trustworthy, and its availability of custom food options which provide companies with excellent culinary expertise and global flavor knowledge. OSI has a strong commitment to sustainability and an unsurpassed level of food safety and quality assurance.

OSI Group maintains its place in the top 100 by always striving for improvement and constantly exploring innovative solutions and ideas. OSI’s commitment to developing systems, policies and procedures to improve and sustain health, safety and environmental practices, earned it a Sword of Honour and Globe of Honour from the British Safety Council for 2015. OSI was one of only seven companies globally that was successful in winning both the Sword of Honour and Globe of Honour. In order to compete for each of these awards, OSI needed to achieve the maximum five stars in both the British Safety Council’s health and safety management and environmental management audit scheme while demonstrating to an independent panels of experts that it continues to be excellent in its health, safety and environmental management throughout the business.

OSI is constantly expanding its operations. In June 2016, it purchased a 200,000 square foot facility, which was formerly operated by Tyson Foods and in August 2016, OSI acquired Baho Food, a Dutch manufacturer of convenience foods, deli meats and snacks serving the food service and retail segments. With a firm understanding that exceptional personnel is what drives the success of its company, OSI employs entrepreneurial minded people who possess passion, seek innovative solutions and share the belief that every person can make a difference.