Kobain

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Category Posts : Investment

Investment Expert Explains Why Buffett is Wrong

FundInvestment / June 21, 2017 / No Comments

Tim Armour, chairman of Capital Group, recently published an article which laid out the facts on why Warren Buffet is wrong about his investment strategy. The article first agrees that Mr. Buffett has been right about some aspects of his recent claims. But Tim Armour explains why this does not mean that index funds are the solution and that funds managers can not give investors higher returns. Warren Buffett set up a challenge for the financial industry. Buffett stated that he could would invest in the S&P 500, a popular index fund that invests passively according to an algorithm, and his returns would be higher over a set amount of …..

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