Timothy Armour on Better Investment Returns

Warren Buffett wagered one million for charity that he would achieve better investment returns than hedge fund managers by investing in an index fund. Thus far it looks like Buffett will collect. We will find out later this year. Buffett believes there are far too many funds that shortchange investors. In a recent annual shareholder letter, Buffett offered knowledge based on his expansive experience of investing. Based on thousands of mutual funds over the decades two simple filters have been identified to tell us which funds will outperform. These filters are low expenses and high manager ownership and read full article.

Armour is chairman and CEO at Capital Group. He has also has worked as principal executive officer of Capital Research and Management Company and chairman of the partnered management company. Tim also has garnered vast experience as an equity portfolio manager. With 34 years of investment experience, all with Capital Group, his career has garnered a wealth of investment and financial knowledge.

Tim Armour’s advice for investors is to find fund managers who invest a lot of their own money alongside investors in their fund. He believes this will result in a select group of fund managers who have consistently outpaced benchmark indexes on average.

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