The Million Dollar Financial Bet

In the financial world, everyone knows of the legendary Warren Buffett whose reputation for cautious investing is highly regarded. Tim Armour is an established financial expert and is the head of the Capital Group headquartered in Los Angeles. Both men have proven track records and know of the benefits of philanthropy for their communities and the world. Armour has more than 30 years of financial experience. He began his career at Capital in an associate program covering U.S. service companies and global communications. He obtained a Batchelor’s degree in Economics from Middlebury College and learn more about Tim.

Now, these two financial giants are involved in a struggle to ascertain which investment strategy is the most productive. Buffet advises a passive approach. He recommends investing in tried and true companies and when he makes an investment it is for the long run, not the short term. While Tim Armour may be seen as a proponent of the new style of investing; an investor who may move funds from one company or fund into another to bring the customer the most reward and more information click here.

Buffett represents the old-fashioned, friendly grandfather type of investment counselor who once he gives valuable financial information does not repeat it. Armour, on the other hand, is the handsome and successful brother figure who drives expensive cars, has a trophy wife, always says the right thing, and is very successful in the investing field. Buffett is putting his strategy to the ultimate test by offering a $1,000,000 charity challenge to anyone in the financial world who can better his investment strategy. Tim Armour has accepted that challenge. Armour will use the resources of The Capital Group, a company that uses a collegial style of investing for their many clients. They are proponents of the two-heads-are-better-than-one approach and Timothy’s lacrosse camp.

At the current time, the S&P 500 Fund seems to be in the lead making substantial profits for its shareholders.

Sources: https://www.thecapitalgroup.com/us/about.html