Warren Buffett recently wagered $1 million saying that he can make more money by investing in S&P 500 index fund than by investing in expensive funds, and it looks like Warren Buffett would win this challenge. It is true that the market is filled with many expensive funds that have low manager ownership and high expenses, which wasn’t the case earlier. However, it cannot be only said that passive funds are better than other expensive funds out there that are equity linked. Warren Buffett is one of the leading investors in the world, and his theory of making simple investments for long-term is a strategy that is followed by the majority of the investors worldwide.
He believes that no matter which path of investment one chooses, it is essential that people do a thorough analysis of the concerned investment tool as well as follow the market trend to get a proper insight. He says that people should start investing for a better future and must take retirement planning seriously. As the world has evolved and the way investments are made has changed, it only makes sense to start investing early for long-term wealth creation.
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Tim Armour is one of the most active fund managers in the world and is the chairman of Capital Group, which is the home of American Funds. Tim Armour has helped Capital Group’s global expansion and became the chairman of the group after the previous chairman was deceased.
He has helped the firm gain major accounts worldwide, including collaboration with the Samsung Asset Management of South Korea, where Capital Group helped devise and market financial and retirement planning tools for the company.
Learn more about Timothy Armour: https://www.business.com/advice/member/p/timothy-armour/
Maggie Gill is the President and Chief Executive Officer of Memorial Health in Savannah, Georgia. She came to Memorial Health in 2004, after having served as Chief Financial Officer for Tenet Healthcare for 10 years. She graduated from Florida State University with a degree in English Language and Literature/Letters and from Saint Leo University with an MBA. In 2016 Gill as named as “135 Nonprofit Hospital and Health System CEOs to Know” by Becker’s Hospital Review.
Recently Memorial Health and Novant Health were in partnership talks. Maggie Gill indicated that these talks were called off because the Chatham County Hospital Authority, who were primarily only looking out for their own interests, overstepped their bounds and overly inserted themselves into the discussion. Gill would like the government authority to come back around to what was originally agreed to so that partnership talks can resume with Novant Health. The alternative, she said, was that Memorial Health might have to partner or be acquired by a for-profit hospital system. She went on to say that this would not be ideal because it would interfere with their nonprofit mission to provide a safety-net for the community in the region.
Also in 2016, Gill congratulated her team as Memorial Health won seven awards from the Georgia Medical Society. Some of the awards included their health care education initiative teaching teenaged drivers about safe driving, and two physicians winning Lifetime Achievements awards.
When not working one of Maggie Gill’s greatest joys in life is her family. She is married and has two young children, who keep her very busy. She especially enjoys traveling with her family. They enjoy a number of outdoors activities in the Savannah area such as hiking and fishing and they try to get out every weekend when they can.