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

Nathaniel Ru Speaks on the Future of Sweetgreen

Sweetgreen is a model high-end salad chain. It’s affiliated with successful business owners, including Daniel Boulud, Danny Meyer and Steve Case. The company focuses on offering fresh, organic food to its customers. It operates in 40 different locations. Sweetgreen’s co-CEOs are Jonathan Neman, Nathaniel Ru and Nicholas Jammet. In an interview with Fortune, Nathaniel said that the company intends to build a meaning brand. Moreover, they want to serve better food to more consumers.

 

 

Ru also spoke about the role of tech in their business. He explained that they have relied on technology throughout their entrepreneurial journey. Sweetgreen has a website and mobile application. It makes a third of its transactions through these web platforms. Together with two of the company’s co-CEOs, Nathaniel Ru is thinking about ways of improving management. Sweetgreen values its customers, so the workers spend most of their time in the restaurants. This allows them to get close to the customers and understand what they need. Learn more: https://en.wikipedia.org/wiki/Sweetgreen

 

 

The trio started the company after realizing that there was a gap in the food industry that needed to be filled. They established their first restaurant after graduating from Georgetown University. Recently, they opened offices in LA. The food company doesn’t have a central office as Nathaniel Ru and his fellow CEOs intend to decentralize their business. He told Fortune that they don’t believe in big headquarters.

 

 

To conclude the interview, the interviewer asked Nathaniel about the hardest part of managing a business. He said that it took a lot of hard work to make Sweetgreen a successful food company. Nonetheless, the work can be overwhelming sometimes. So, it’s important to build a strong team as early as possible. Learn more: https://www.crunchbase.com/person/nathaniel-ru

 

 

About Nathaniel Ru

 

 

Nathaniel Ru is a young and charismatic entrepreneur. He’s one of Sweetgreen’s co-founders and co-CEO. He met his business partners at Georgetown University, where he was studying Finance. Mr. Ru graduated from college in 2007 with a Bachelor’s degree in Finance. After his graduation, he started Sweetgreen together with Nicholas Jammet and Jonathan Neman. His company sources its food products from local suppliers. It also embraces the idea of sustainability.

 

 

Sweetgreen’s first location was in Georgetown. Since 2007, the food chain has concentrated on expanding its boundaries. It has branches in 6 states. Nathan and his co-CEOs plan to open up more restaurants over time. They believe that everyone in the U.S. deserves to enjoy delicious and eco-friendly food. What’s more, they believe in providing healthy food that suits the budget and tastes of their customers. Learn more: http://www.businessinsider.com/sweetgreen-founder-interview-nathaniel-ru-2016-3