Warren Buffet wagered one million dollars for a charity that he will get a better investment return than a bunch of hedge fund managers by investing in a passive index fund and he stands to collect by the looks of it.
Buffet believes that there are too many expensive and incompetent funds that shortchange investors. He believes that is better to invest for the long run and in low-cost funds, rather than those expensive ones. He believes that bottom-up investing is the best approach to take and his method of investing has proven to be effective over the years.
It’s important for consumers to be careful when it comes to product labels because many mutual funds don’t give great returns, mostly due to the high costs and management fees. It’s always better to go with good long-term investment returns and to keep costs low and more information click here.
Index funds can be good at times, but they really don’t offer much cushion against down markets. Of the 1200 investors that were surveyed online last year, only half of them were aware that index funds expose them to 100 percent of losses and volatility during downturn markets and Timothy on Facebook.
Buffets believes that it is better to stay on top when the markets are in a downturn in order to build a good nest egg.
Timothy Armour began his career with Capital Group in 1983 and is now the chairman and chief executive officer. He has over 34 years of investment experience and a bachelor’s degree in economics.
More visit: http://relationshipscience.com/timothy-d-armour-p3247776
James Dondero has had an amazing career history filled with achievements and great milestones. His colleagues and industry experts have heaped praises to his outstanding financial knowledge. The executive leader has worked hard to ensure that he succeeds in all areas that he focuses on. To date, James continues to develop world-class products that satisfies the utility of its clients.
James Dondero is the president of the renowned Highland Capital Management, an asset management firm, which is based in Dallas, Texas. As the co-founder of the company, James has played an instrumental role in its growth by providing visionary leadership and innovative business strategies. To this end, the firm has developed a wide range of both retail and institutional products.
With over three decades of experience in the industry, Mr. Dondero has been involved in the development of several business solutions. Most of these products are in the credit and equity market. His most famed product is the Collateralized Loan Obligation (CLO). The product has revolutionized how financial institutions offer loans to firms and businesses.
His outstanding leadership skills have enhanced the profitability margins of the company. Over the years, the firm has received several awards and accolades. Some of them include Morningstar’s award that ranked Healthcare Long/Short Equity Fund as position one, and the Lipper Award for Floating Rate Opportunities. The company was also the recipient of Morningstar’s 5-star designation for Global Allocation.
Previously, James Dondero worked for GIC, a subsidiary of the Protective Life, as the chief investment officer. In this position, he was responsible for the growth of the company. He managed to build the company from being a startup to a mega enterprise valued at more than $2 billion. James achieved this success within a span of five years. Formerly, he worked for the American Express where he managed over $1 billion in fixed income funds. He continues to provide people with different investment tips. James seeks to help his clients to make higher returns from their investments. In addition, the financial expert sits on the boards of American Banknote, MGM Studios NexBank, and Cornerstone Healthcare. James’ insights has played an integral role in the success of these companies.