Investment Strategy with Timothy Armour

Timothy Armour is one of the few financial professionals brave enough to voice criticisms of Warren Buffett’s legendary strategy for building wealth. Although Armour acknowledges that Buffett has played the market remarkably well over the decades, he notes that even his game plan has some weaknesses.

One major difference between the men’s philosophies involves actively managed funds. Whereas Warren Buffett is skeptical of their value, preferring indexed funds, Armour notes that many of the best actively managed funds have had great returns. Armour thinks this is extremely important because these days, most Americans are responsible for their own retirement savings.

Although 401ks are great instruments, there is some concern that many people don’t know how to optimize them. This is significant not only for the Baby Boomers reaching retirement age, but also for their children. Financial education is arguably more important now in American culture than ever before. Timothy Armour has seen cases of people who went from being philanthropists to needing handouts. He knows how important it is to be well prepared for upheaval.

Timothy Armour is the chairman and principal executive officer of the Capital Group Companies, Inc. Armour has built his career entirely at the Capital Group, joining the firm in 1983. Loyalty and attention to detail are watchwords with him. He takes great pride in the fact that Capital Group gets high ratings for stewardship and corporate culture. Integrity is a core value for the company under Tim.

With his unique mixture of compassion and hard-nosed business savvy, Armour continues to lead the Capital Group toward increasing success. His career was made as an analyst of telecommunications and US Service funds. With great communication skills and a keen knowledge of how to interpret research, he is one of the best performing executives in the industry. A graduate of Middlebury College, Timothy Armour resides in Los Angeles.

About Tim Armour : www.thecapitalgroup.com/us/about.html

Chris Burch an Iconic Figure behind Creative Capital

Chris Burch is the creative genius behind Creative Capital. His success story is one that has hard work as its backbone with his business starting out small and slowly gaining momentum becoming a multimillion dollar company.

Having been raised in a family that can be classified in the popular category, Chris quickly learned the value of working hard to attain. His father had a distribution business that dealt mainly mining equipment and supplies, and it was due observing his father that Chris’s interest in business was born and motivated him to start his own.

Years later when Chris Burch was pursuing further education at Ithaca College, he and his brother came up with an idea to begin a business of selling sweaters on campus to their fellow students. With a starting capital of just $ 2000, they started Eagle’s Eye, a company that dealt in sweaters. Their business plan dictated that they buy sweaters at $ 10 and later sell them at $ 15. This would leave the two brothers with a profit margin of $ 5 for each of the sweater they managed to sell.

As time would dictate, the sweaters grew in popularity and soon begun getting orders from other campuses and even other colleges. Therefore, their business started to grow, and with increased orders, Chris went on to approach a factory that could manufacture brand new sweaters to a grand scale enable him to meet the growing demand he was facing. After a decade of operating the business, the company grew to become worth more than $ 140 million in sales.

With the company now making huge profits, Chris Burch decided to venture out into other firms as an entrepreneur. He went on to found and co-founded many companies that mostly dealt with cloths. For updates of Burch timeline activities, hit crunchbase.com. Some of these companies went on to become very successful retail brands with shops in many places across the worlds. Related articles to read on huffingtonpost.com.

An example of this internally known retail brands is the C. Wonder and Tory Burch fashion label. The latter being a fashion label that he had helped his wife launch. The fashion label went on to become a very successful business grossing millions of dollars annually. Check on forbes.com for additional article.

Know Burch insight on things on his area of focus, click this.

In addition to his success, Chris Burch later ventured into the hospitality industry has seen the immense opportunities that laid untapped in the industry. This made him partner up with another business mogul by the name James McBride and together bought a beach hostel in the Indonesian Island of Sumba. They then went on to renovate it and later opened it as a five-star hotel attracting many visitors annually. More to read on ideamensch.com

Additional articles on http://fashionista.com/tag/chris-burch