Timothy Armour is the investment guru who has driven his company to success. Armour is currently the chief executive officer of Capital Research and Management Company,Inc. which is a part of the Capital Group. Armour also serves as chairman of Capital Group Companies Management Committee. Tim Armour has gained more than 32 years of investment experience, all with Capital Group. He originally started at Capital Group as a member of The Associates Program. His investment career with Capital Group began as an equity investment analyst. He covered global telecommunications as well as American service companies and learn more about Timothy.
Timothy Armour is out to protect the investor. He has routinely urged investors to find managers who are actually worth their take. In his eyes most hedge fund managers are lazy and only rely on index funds and no longer do the research necessary to succeed in the market. Armour continues to believe that index funds do not distinguish themselves on business trends. Tim Armour says that a strong financial manager is the only way to succeed in the investment world and what Timothy knows.
Capital Group appointed Timothy Armour as chairman in 2015. As chairman, Tim Armour reached a deal with Samsung Asset Management that together allows them to create retirement solutions. Armour believed this deal will work to create solutions that will fulfill the needs of investors in Korea. As chairman, Tim Armour managed to survive a sudden stock market drop, while others were panicking and more information click here.
Tim Armour earned his bachelor’s degree at Middlebury College. He wrote an article on MSNBC.com where he supported a wager made by Warren Buffett, in which he claimed he could make a lot of money just by buying passive index funds. Armour has been featured on a handful of business magazines and has appeared on several financial news shows on cable. Armour continues to drive this company toward success.
Other Reference: https://www.investing.com/members/201172589
Eric Leftkofsky is an active Philanthropist, successful entrepreneur and co-founder of many organizations. Eric co-founded the Tempus Group, which is a startup that fine tunes cancer treatment and establishes databases for the cause. Eric was motivated personally to start Tempus when his wife Liz was diagnosed with breast cancer. While taking his wife to the Doctor, Eric Leftkofsky noticed there was a lack of data given to the cohort of patients for any given treatment. His goal was to build a database and pathology system that could aggregate data, scrub it, then feed the clean version back to the original source for verification and validation.
Eric has been called a serial entrepreneur because he’s founded and co-founded many successful businesses. He’s the founder of Lightbank venture capital firm. He’s the co-founder and Chairman of the well-known Groupon, (NASDAQ:GRPN), which is global e-commerce marketplace. He’s the co-founder of Uptake Technologies, which is the world’s largest leading predictive analytic platform. He and his wife Liz are the co-chairs of Lefkofsky Family Foundation. The Lefkofsky Family Foundation advances high impact initiatives that enhance the lives of communities in which it serves and learn more about Eric.
Eric is an author of accelerated disruption and an adjunct professor at the University of Chicago. He’s also active serving as the trustee of Lurie Children’s hospital of Chicago. He’s very involved with the Art Institute of Chicago museums of Chicago, the World Business of Chicago and the Museum of Science and Industry. Lefkofsky graduated and received his Juris Doctor from the University of Michigan Law School.
Eric and his wife have generously given financial contributions to many charities. They strongly support the Greater Chicago area with after-school programs with disadvantaged youth and funding scholarship programs. They support organizations for teachers and administrators that seek development tools and resources. His largest donation of $1.2 million has been to the University of Michigan’s school’s Health System. He’s also made donations to John Hopkins, Chicago’s Children Hospital, Cystic Fibrosis Foundation and many more donations throughout the years to other many other charities.
Eric Lefkofsky is definitely a pioneer of his time and he’s a successful entrepreneur that supports and give generous contributions to many charities and his Twitter.
AirBnB has revolutionized the temporary lodging industry. With AirBnB, homeowners have discovered a way to pay expenses simply by listing their home (or only a room or two) for rent online. Travelers save some money, owners make some money, and everyone is happy.
Well, it’s not always that simple. Sometimes, bad things happen to properties, landlords, renters, or all three. Renting out a home on AirBnB is still renting out a home.
As seen in a few well-publicized incidents, short-term renters can be a handful — even those already known through services like AirBnB. They don’t always follow rules. Things happen. Losses can be incurred.
It pays to understand the potential downside of renting your house before jumping into the fray. http://hackronym.com/wealth-solutions-insurance-and-other-considerations-when-renting-on-airbnb/
Renters from AirBnB are tenants like any others. They can be injured while on your property. They can steal valuable contents from the home. They can damage neighbors’ property. They can refuse payment. AirBnB generally won’t cover these incidents.
AirBnB includes insurance of a sort, but this is only secondary to standard homeowner’s coverage. It doesn’t take effect until standard coverage has reached its limit. In some cases, the homeowner’s policy won’t pay damages at all.
Before listing a home or room on AirBnB, it’s wise to consult a financial professional like Austin’s Richard D. Blair. Blair’s firm Wealth Solutions, Incorporated offers advice to homeowners considering entering the short-term rental business. Blair has 22 years of experience as a financial planner, and can offer advice on how to protect yourself before risking loss due to a short-term rental gone wrong.
Richard Blair is also a fully-qualified wealth advisor and financial planner able to guide customers through all aspects of wealth management and financial life. He’s certified as a Registered Investment Advisor and a Certified Estate and Trust Specialist. He started Wealth Solutions immediately out of college in 1994, and has a long record of successfully guiding customers towards their goals, whether as landlords of short-term rentals, or something even more ambitious.
Before listing your home on AirBnB and making that leap, consult a qualified financial planner like Richard Blair.
George Soros was born on August 12, 1930, as Schart Gyorgy. He is a Hungarian-American business mogul. Soros is also an investor, a philanthropist, and an author. His ancestry is Jewish-Hungarian. Soros is the chairperson of Soros Fund Management, which he founded in 1973. George Soros is famously known as the man who broke the bank.
Soros was born in Budapest his mother name was Elizabeth, and his father was Tivadar. His father was a lawyer and at one time was a political prisoner of war. Soros grew up in a Jewish home, and his parents were always critical of his religion. In 1944 when Soros was 13 years Nazi Germany occupied their country Hungary.
In 1947, George Soros emigrated to England and attended the London School of Economics. In 1951, Soros earned a Bachelor of Science in philosophy and in 1954 acquired an MSc in philosophy both from the London School of Economics.
George Soros had difficulty getting work after he graduated and his first job was as a traveling salesperson. In 1954 after numerous applications and interviews Soros began his financial career at Singer & Friedlander in London on http://topics.wsj.com/person/S/george-soros/209. He started as a clerk and then became the arbitrage department. In 1956, Soros relocated to Ney York City and worked as an arbitrage trader for F.M. Mayer while there Soros specialized in European stocks.
He then worked for Wertheim and Co in 1959 before moving to Arnhold and S. Bleichroeder from 1963 to 1973 as the vice president.
Soros later founded Soros Fund Management on www.georgesoros.com/, and he became the chairman. The company grew from success to success and in 2013 made through the quantum fund $5.5 billion making it the most successful in the history of hedge fund. Since the firm begun in 1973, the fund has generated $40 billion.
George Soros is most famous for his 1992 $1 billion profit in a day. Soros has built a huge position in starting pounds leading to September 1992. George has noted the unfavorable position of the United Kingdom in the European Exchange Rate Mechanism. The pound had been brought to the European Exchange Rate Mechanism at a very high rate. The inflation was also high and was hurting assets prices. On that day of September 1992, Soros sold more than $10 billion in pounds. He profited from the UK government failure to raise interest rates. On that day Soros made over a billion dollars is a single day.
Finally, the UK exited the European Exchange Rate Mechanism and devalued the pound.
George Soros is also a philanthropist and has contributed many charities in different countries. He has also helped many political movements. He is a supporter of American liberal and American progressive political causes. Soros also played a role in the transformation of communism to capitalism in Eastern Europe.
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The 2008 financial meltdown is one of the most disastrous financial ruins in financial history. Economic pundits rank it just after the 1928 Great Depression. The financial crisis shook the economy of the United States of America and that of other countries around the world. This period is considered to be one of the darkest days that plagued Wall Street with many people losing hard earned money invested in the Bourse. The most affected areas were the stock exchange market, the commercial banks in the US and the housing that had been rising for over a decade. Many banking institutions collapsed, the Housing Market was left in shambles barely unable to stand on its knees and the shares took a great hit bringing the economy of the world’s strongest nation to its knees.
The top financial institutions on http://www.nytimes.com/topic/person/george-soros were bailed out by the government while the small ones went under. The biggest lesson that can be learnt from the 2008 Financial Crash is that those who suffer most are the individual innocent investors and small financial institutions. The seasoned investors got wind of the crash and took advantage and the commercial banks were bailed out by the state.
George Soros, one of the smartest financial investors in the world expressed fears of a similar financial crash going by the current financial in the United States and the financial probity of other major nations like the United Kingdom. One of the main reasons that caused the financial collapse was lack of discipline and unethical practices by commercial banks in the United States. There was uncontrolled issuance of risky loans by the institutions coupled with mortgage backed securities in the housing market. This information can also be sourced from http://www.bloomberg.com/news/articles/2016-01-07/global-markets-at-the-beginning-of-a-crisis-george-soros-says.
Going with the current worrisome financial position in the United States and China it is necessary for people to wake up and do something to avoid a replica of the meltdown. This can be done by appealing to the United States government on https://www.facebook.com/breakingpolitical/posts/1562000144097945 to enact legislation that would adequately protect innocent investors in the financial sector in the country. Apart from offering a deterrent function, the legislation ought to require financial institutions to establish a Fund that would sufficiently compensate the investors in case of a financial crash. Therefore it is imperative to take George Soros’s fears as a wakeup call and do something to avoid another crippling financial crisis.
George Soros was born in Budapest in 1930 but following the Second World War, he fled to the United Kingdom in 1947. He studied at the Prestigious London School of Economics and later settled in the United States. George Soros founded a profitable hedge fund known as Soros Fund Management whose main function is dealing with international investments for wealthy institutions.
Apart from his sitting as a Board Director in a number of corporations in the United States and heading Soros Fund Management, George Soros is involved in philanthropic activities. He constantly makes enormous contributions to his alma mater and other colleges in the United States. His philanthropic activities are done through Open Society Foundations which he chairs. He is also a best-selling author and has penned numerous articles on finance and economics in different magazines.