Timothy Armour, who is the chairman, principal executive officer, and director of Capital Management and Research Company, has supported Warren Buffett’s investment plan. Warren is an American investor and philanthropist. The billionaire’s strategy concludes that many expensive and mediocre funds mislead investors. Tim supports Buffett’s approach of purchasing simple and low cost investments, which should be held for an extended period.
Warren Buffett’s method of downside-up investing that is based on analyzing firms and building a lasting portfolio has been used for many years. Moreover, no one has been giving Americans the information that they require, especially on saving enough for retirement.
Tim Armour earned his Bachelor of Arts Degree in Economics from Middlebury College. Notably, his visionary leadership has played an instrumental role in enhancing Capital Group’s success. Presently, he resides in Los Angeles. Tim has an extensive experience and knowledge in investment, which he acquired from Capital Group. Earlier in his career at Capital Equity Investment, Tim served as an analyst. He was responsible for the United States service companies and global telecommunications. Tim began his career at Capital Group in 1983. In 2015, he was appointed to serve as the chairman of the company.
The corporation underwrites and manages mutual funds besides offering clients with world-class financial services. The firm’s client base includes consultants, large institutions, intermediaries and financial advisors, high net worth investors and individual investors. The history of Capital Group dates back to 1931 when Jonathan Bell founded the company. The organization is headquartered in Los Angeles, CA. Capital Group has an innovative structure of governance, which is built on the principle that a team of individuals with different perspectives can make accurate decisions and achieve better results through discussions.
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