Warren Buffet is one of the wealthiest men on the planet. With a net worth of 76 billion US dollars, he is the second richest man in the country after Bill Gates. Interacting with Warren sheds some light into the level of understanding that he has for entrepreneurship. Before he makes an investment, he studies the market, the feasibility and decides which innovative twist he can apply to it to make it profitable to the maximum. Recently, he made a bet that he can invest in an S&P 500 passive index fund and earn more than most of the hedge funds in the country. The wager is supposed to materialize this year, and all factors indicate that he will win it.
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Timothy Armour assessed this bet, and he agrees with Warren Buffet’s sentiments. He voiced his opinion over the little success that the Hedge funds have been achieving in the past few years. In his exact words, he stated that the funds had a lethal combination of being expensive and very mediocre and by the end of the day, they were shortchanging clients. Another idea that he shares with Warren Buffet is the idea of building one’s business portfolio from the ground upwards. Another thing Armour believes in is the power of making enough savings for the sake of the sunset years, and he encourages as many Americans to make savings as possible.
The other thing that he states is that customers need to stop buying into the consumerism trend and make sober-minded decisions depending on their individual situations. He added that most of the people that were making these investments had no idea what they stood to lose in case of economy downturns.
About Tim Armour
Tim is the Chairman, Director and Principal executive officer at the Capital Research and Management Company. He has served as an executive and financial advisor in several other companies. He holds a Bachelor’s Degree in Economics from Middlebury College.
Visit thecapitalgroup.com for more information about Tim Armour.
End Citizens United is a Political Action Committee that was established on 1st March 2015. The committee is dedicated in ending the adverse effects caused by Citizens United and bring about reformation to the campaign financing system. This was a move seen necessary since the formation of Citizens United, as the very rich were now seen to have intentions of “buying elections”. Introduction of End Citizens United was seen as a move towards campaign finance reforms, while exerting more pressure on lawmakers to have them take action.
The main aim being to curtail Big Money dominance in politics and dismantle the rigged political system by electing campaign finance reform champions. The movement mainly gives its support to Democrats in various key races as they are mostly seen to influence the change towards better reforms to the campaign finance system.
The group’s ultimate and most important goal is influencing a constitutional amendment to reverse the 2010 Supreme Court’s Citizens United decision. The decision by the Supreme Court was seen to unleash a tidal wave of big dark money into politics. This allowed aspirants to raise unlimited sums of money from corporations, unions, associations as well as from individuals to use in their campaigns. End Citizens United, has previously partnered with “Ready for Hillary” towards the signing of their petition aimed at reversing the Supreme Court’s decision.
Among the members who have previously been endorsed by End United Citizen include; former Senator Russ Feingold of Wisconsin and Senator Michael Bennet of Colorado. The group interests have been to offer support to candidates who are capable of bringing a change to the existing laws on campaigns and elections. The group has plans which are underway to establish an independent expenditure arm that will financially back the endorsed candidates through initiatives such as television adverts, direct mailers as well as polling. The change which End Citizens United is hoping to enact is at the local as well as the state level.
Many entities have come to appreciate the work of End Citizens United group, as it is seen to create public awareness. It has as well induced political pressure on both the Supreme Court as well as other political actors, not to make things any worse. The movement is financed by thousands of grassroots supporters from all over the country. In future, the group is hoping to make its financial reports public, a move seen to advocate for transparency and accountability. Those willing to fund the movement are investors whose main aim is reclaiming back the taken democracy. Through their unending efforts, the movement hopes to facilitate the election of pro-reform candidates. This will make the issue of money in politics a national priority and using their membership to enact political pressure.
Omar Boraie is a man who has worked extremely hard for the betterment of society. His various philanthropic and professional endeavors have led to the incredible development of the city of New Brunswick, a place where the Boraie company first laid its roots. Continuing on his mission to help the community, Omar recently donated a total of $1.5 million towards the development and research of new treatments for combating cancer, reports patch.com.
Hailing from Egypt, Omar originally came to America to pursue a Ph. D in Chemistry. After completing his educational course, Omar decided to expand his family’s business into the city of New Brunswick and turn the then run downtown into a hub of residential excellence. Omar had a vision in mind for the development of the community of New Brunswick and implemented his goal in the most efficient way to make the city what it is today.
The pledge to donate $1.5 million was made as part of a ‘Chair Challenge’ started up by Rutgers University. The rules of the challenge were simple. In the end, the university will be receiving double the amount that was initially promised.
Omar’s donation was made with the aim of helping the universities genomic science department. The genomic science department of Rutgers University has been known to have made some of the most groundbreaking advances in the field of medical research. Most recently, the department has made revolutionary discoveries when it comes to genomic science which can extensively benefit patients in the treatment of cancer. With the new research in place, doctors who are treating patients with cancer now have the option to tailor the treatment for each patient, owing to the new technology to tackle the cancerous tumour from the genetic level. This research is proven to be extremely beneficial in the treatment of cancer and also for the development of cancer research.
In the past, he has repeatedly pledged for the development of research, in various medical fields. Omar has always aimed to make New Brunswick a city where healthcare is one of the top priorities. By pledging this amount to Rutgers University, Omar is paving the path for the development of medical institutions in New Brunswick and as well as the entire field of cancer research.
Check Michael’s Facebook account here: https://www.facebook.com/Michael-R-Zomber-223753147800969/
Michael Zomber is an internationally known expert on Japanese samurai swords. For more than 40 years he has been collecting these antique armor and arms and shared his amazing knowledge on the Tales of the Gun series shown on the History Channel. His episodes as a guest historian include Guns of the Orient, Dueling Pistols, Million Dollar Guns, and others.
Even though Michael Zomber is a collector and expert on the subject of arms, he is a great supporter of Unicef, Amnesty International, Global Exchange, Doctors Without Borders and NGO’s with the mission to create peace. By promoting peace in a time of armed conflicts and the horrors of hate around the world, he is an international role model of appreciating the antique arms and at the same time knowing their place in today’s world.
These include Shotgun Iemitsu, Sweet Betsy That’s Me: A Child of the Civil War, and Jesus and the Samurai. Michael Zomber and his wife, Andrea, has also created a documentary film called Soul of the Samurai. This was done by Renascent Films LLC which is their proprietary company.
His other important accomplishments include his bachelor’s degrees with honors in Psychology and English Literature.