Warren Buffett is one of the most intelligent investors around the world and has amassed a fortune in billions through his smart and decisive investment strategies. He recently shared his views on investment and said that people should do the careful analysis before investing because there are many expensive hedge funds out there that short-change the investors. For customers who solely rely on the hedge funds, it is not a productive thing to do as diversification of investment is essential for wealth generation.
Warren Buffet said that he could generate more money by just investing in S&P 500 Passion income fund than by trusting some of the hedge funds out there. It is correct because there are many funds out there that are falling short of their promises and not getting the returns it promised to its investors.
Tim Armour, CEO, and Chairman at Capital Group, also believes that people should see where their money is going before investing. Tim Armour has done graduation in economics from the Middlebury College. He has over 34 years of experience in the finance world, and all his experience comes from Capital Group, where he started in an associate program. Today, Capital Group has over $1.4 Trillion in assets under management and has operations in all the major financial cities in the world, including in Asia, Africa, Europe, America, and Australia.
Tim Armour believes that the key to right investment is having a vision and a goal and feels that to reach the target, careful and strategic planning is needed.