Investment giant, Warren Buffett, recently made a wager with a group of hedge fund managers for the amount of $1 million. In the wager, Mr. Warren Buffett makes the claim that by investing in a simple S&P 500 passive index fund, he could achieve better returns than the group of hedge fund managers. As the closing date of the wager draws nearer, it looks as if Mr. Buffett will make good on his wager. While the astute business acumen of Warren Buffett is hard to challenge considering his stellar portfolio, there are those out there that disagree with this particular strategy of Buffett’s, most notably Timothy Armour, Chairman and Chief Executive Officer of Capital Group. In Mr. Buffett’s estimation, the market is currently flooded with mediocre funds that are expensive, offering less than acceptable results. Warren Buffett has championed the detailed analysis of prospective companies in order to build a respectable portfolio and over time this method has proven to be solid. The conversation regarding active versus passive index funds is one that has been brewing within the inner circles of the investment world for quite some time, but Timothy Armour seems to believe this leads to an unnecessary perspective in terms of solving the problem. While he agrees with Mr. Buffett that attaining low-cost mutual funds that will do well over the long-term, he also believes the mythology surrounding passive index funds can be a little misleading, particularly during market downturns. In a recent survey that analyzed 1200 investors, it was discovered that nearly half of those surveyed were unaware that during market downturns, those investing in passive index funds were subject to 100 percent volatility. Timothy Armour adheres to the school of thought that by implementing two particular factors in investment, acquiring mutual funds with low expenses and high manager ownership, high returns can safely be secured in the long haul and Tim on Facebook.
Today, Timothy Armour is the Chairman and Chief Executive Officer of Capital Group. His Linkedin and He graduated from Middlebury College in 1983, having garnered a Bachelor’s Degree in Economics. He has over 34 years of experience in the investment world, all of which have been with Capital Group and learn more about Timothy.
Other Reference: https://en.wikipedia.org/wiki/Capital_Group_Companies
Mike Baur is the co-founder and executive chairman of Swiss Startup Factory. He is a successful entrepreneur who keeps excelling. Baur accomplished an MBA from Berne University and another MBA from Rochester University. Mike is from Switzerland. He does not only handle business but works as an investor and a leader. He has an experience of 20 years in the bank industry. He got into banking right from Switzerland; this helped him use his skills in entrepreneurship to do well in banking.
Since Baur is already prospering in his line of work, he uses every chance he gets to assist young entrepreneurs to make their businesses better. He has brought the young businessmen together I Switzerland thus having a good association with them in developing their businesses. Mike Baur is also a good advisor who guides them through every step. He does not only counsel the young people but helps them financially to have a good start. He motivates them to indulge in good values because these will determine their leadership their work. Since Mike Baur is the executive chairman of the company, he has the responsibility of fundraising and managing financial procedures. Swiss Startup Factory works hand in hand with Fintech Fusion and CTI to bring in more prosperity.
Swiss Startup Factory is a developed organization that has had the privilege of being among the top private companies. The organization does not only work on their business objectives but also trains young businessmen on their way to success. The firm has a course that is scheduled for 3 months; it is divided into units including working space, finance, and counseling.
Swiss Startup Factory has never ceased in working so hard to keep them accomplished. The organization also has been starting exclusive enterprises that in due time will successful. Baur is a successful man because he has adhered to teamwork because it has never failed when it comes to a business being a success. This objective also contributes to the incoming of clients on a daily basis thus the company creates more profit. If a business plan has a great start it is meant to prosper.
The course that has been mentioned before is a great opportunity because it is able to help the young people display what they are good at thus they will be led in the right direction by their mentors in the firm. Swiss Startup Factory is where it is due to the hard work of Mike Baur and his team.
The OSI Group Chairman and CEO Sheldon Lavin always envisioned himself owning a business. With an academic background in accounting and finance, he began working as a financial consultant. In 1970 he was hired to help the OSI Group get the financing they needed to expand, build a meat processing facility and offer more services. By the early 1980s, he took over the company and had a vision of it becoming a top food processing company. Within a few years Lavin was able to lead the company to incredible growth. It now offers protein and vegetable products, baked goods and sauces.
Sheldon Lavin a continued to expand the OSI Group’s international reach. He has built over 75 facilities in almost 20 countries. Yet it operates like a family. Although Lavin is the final arbiter on budget, rules, responsibilities and strategy, he encourages workers at all levels of the organization to give input about the company’s direction. Sheldon Lavin was always an innovative thinker and running the OSI Group has enabled him to nurture and develop those natural entrepreneurial instincts with the help of his loyal, talented staff.
OSI Group Chairman and CEO Sheldon Lavin credits the staff for helping the company to succeed. He has an open door policy, eats lunch with the staff and they call each other by their first names. Lavin is proud of his staff, genuinely interested in them and their families and is proud that there’s low staff turnovers and most workers remain with the OSI Group for a very long time.
Sheldon Lavin is also concerned about the less fortunate and generously donates to Ronald McDonald House Charities and an impressive number of other local and national charitable organizations. He loves giving back to communities where he does business.
Sheldon Lavin is now over 80 years old. His vision is that the company will continue to be a profitable, global food industry leader long after he retires. He feels the staff is talented enough to helped the company to make that vision a reality. He’s helped the OSI Group grow from a Chicago-area family meat market into a global food industry leader.
Learn more about Sheldon Lavin: http://www.meatpoultry.com/articles/news_home/Business/2016/01/IPPE_Report_NAMI_presents_indu.aspx?ID=%7BE1582A7B-2E7E-41C6-A3C0-E1542D6C6C2C%7D&cck=1