A Focus On The Importance Of Investment Managers

Warren Buffet bet $1 million for charity on an index fund that invests in the S&P 500, against a group of hedge fund managers. On his commentary on CNBC, Tim Armour, an equity portfolio manager, supported Warren’s strategy of investing in low cost assets. Over the years, Buffet has employed the bottom-up investing approach, which has delivered impressive results.

Commenting on active versus passive debate, he said that many mutual funds provide poor returns due to high management fees as well excessive trading. He went on to posit that the volatility risks of passive index investments are either underestimated or unknown. Additionally, passive index returns are not always the safe path to a better retirement. The only way that an investor can know where to invest is by finding an exceptional manager who will advise such an individual on the investments having low expenses and high manager ownership.

Read more on Reuters.

About Tim Armour
Tim Armour is the chairman and principal executive officer of Capital Group of Companies. In addition, he is the principal executive officer of the company’s subsidiary, Capital Research and Management Company, Inc. This unit offers investment management and related services. Tim is also the Fund Advisor of Capital Research & Management Company. The executive chairs the Capital Group of Companies’ management committee. For over three decades, Tim has gained extensive experience and deep knowledge about investments. When he joined the company, he started as a participant in the Associates Program. Later, he served as an equity investment analyst where he oversaw global telecommunications. Tim pursued his bachelor’s degree in Economics at the esteemed Middlebury College.

When talking about investment themes to watch in 2017, Tim Armour’s posited that people should keep a keen eye on the interest rates since the Federal Reserve had increased the rates twice in a year. He added that most investors are focusing on corporate growth, which is assumed an indicator of the general economic growth in the US.

Learn more on thecapitalgroup.com

Online Reputation Management and Warning Signs

Happen to search and find a damaging result regarding your business? Or is the business getting hit with a precarious criticism? Online reputation management is what a business needs to rid the damaging result and/or prevail against a precarious criticism. However, there are numerous firms that specialize in online reputation management. You don’t want to be involved with a firm that will not be efficient. How do you decide which firm to trust? There are some key factors to consider when making this decision.

Conduct a Search

When looking around for firms that will provide quality online reputation management conduct a thorough search. Try to stay away from firms that appear to be spending a ton of money on advertisements. When doing a thorough search look for firms that appear more organic than others. Look for a firm that can stand on its own without the use of many advertisements. If a firm provides great and/or impressive online reputation management ton of advertisements shouldn’t be needed.

Communication

After you have narrowed down potential online reputation management firms there are some basic red flags to take notice of and stay away from.

Stay away from a firm that brags and guarantees that the firm is very superior with online reputation management. A firm making any ridiculous statements is not the way to go.

Stay away from a firm that wants to do stuffing and/or other resources to ideally trick Google. It is uncommon for Google’s search result to have spam related links on its first page. Staying relevant on a search engine takes time and quality work from a firm not a quick fix.

Firm’s Process

Be aware of a firm’s process to achieve quality online reputation management. Put your trust in a firm that is clear on what the firm provides each and every month. For more information regarding red flags to avoid and online reputation management follow this link.

In conclusion, online reputation management is valuable and it’s important to trust a firm that does the job efficient and right.

Why Betsy DeVos is an Inspiration to Help Others

There are a lot of reasons that some people like to help others. One of the main reasons behind it is that it helps people feel a little better about themselves. There are a lot of different ways to help people. One of the reasons behind it is that there are a lot of different issues that people have to deal with. There are also many different types of disadvantages that people are faced with. Fortunately, there are those that are willing to offer others the help of dealing with their struggles along with them. For one thing, it is very helpful to the one giving the help and the one receiving the help.

Among the people that get to receive the deep fulfillment that comes from helping others is Betsy DeVos. She is one of the people that have discovered the benefits that come from helping people. For one thing, sharing wealth with others is one good way to find fulfillment compared to hoarding everything and staying in a bubble. One very important way that she has helped others is by focusing on the educational system. While there are always going to be poor communities and people that are struggling, education is one of the best ways to build and improve communities. Read more news on CNN.

Betsy DeVos is also very courageous when it comes to standing up for the rights of people. One thing that Betsy wants is equality for everyone. She is willing to offer her honest opinion even to the president of the United States concerning an issue that deals with the equality of people.

One of the biggest projects she has taken on is school choice. She has done everything she could so that students can have the choice of going to different schools. While schools have always been determined by the district, there can be issues that one is faced with when it comes to the type of environment that the school district is in. When students are allowed to go to school in a much greater community, he could not only learn the lessons he needs but also work to improve his home community.

Visit Betsy’s website at betsydevos.com

Dick DeVos Daring Philanthropy

Dick and Betsy DeVos have sent a shocker to the world by spending $139 million in their lifetime as donations. Over the years, they have supported different courses including political parties, education system, and reformist groups. The couple runs a foundation by the name Dick and Betsy DeVos Family Foundation. Just in 2014, they donated $5.3 million but in 2015 they doubled the expenditure to $11.6 million. Their focus is to fund charitable ideas and they have been supporting the Republican politics over the years. The love for donation started with Dick’s dad, Rich DeVos He was the co-founder of Amway. The DeVos family charitable contributions amount to $104 according to a report released in 2015. In the process, they have earned the 24th position according to Forbes list of America’s Top Givers.

 

The amount the extended family of the DeVos has in their lifetime given even much more. It is estimated the family has donated over $1.33 billion. A large portion of the charity donation has been channeled to improve the state of the education system. This is because according to a report released in 2015, Dick and Betsy donated over $3 million to support different charitable courses in the education sector. The donation amounts to 26% of their yearly expenditure on political and charitable donations. One of the areas they would like to transform in the education sector includes allowing parents to take their children to the schools they prefer. They believe the use of ZIP codes is not the right way to attain the American dream in the education sector.

 

Dick DeVos Work History

 

Dick DeVos could be simply defined as a donation and charity work heavy weight. He is the eldest son of Richard DeVos. His father co-founded a corporation called Amway Corporation where DeVos began working in the year 1974. 10 years later, he was appointed to serve as the head of operations with the title of vice president. The work was to oversee how the company was running different operations in the 18 countries where it was passionately serving clients. However, in 1989, four years after his promotion, he left and started Windquest Group. The company identified a niche of manufacturing and selling storage and closet organizers to clients globally.

 

Two years later, in the year 1991, his father gave him yet another appointment. This time round, he was to serve as the manager of basketball National Basket Association franchise by the name Orlando Magic. Two years down the line, Dick came back to Amway Corporation after he was appointed as the president. He succeeded his father and in the year 2000, he was already carrying out massive change in the corporation to enhance its service delivery. He married to Elizabeth Betsy and the couple dearly loves charity work.

 

 

 

Omar Boraie Helps Fund Advancement in Precision Medicine for Cancer Treatment

Because of his long-time interest in cancer research, a huge advancement in cancer treatment has been further funded by Omar Boraie, a New Brunswick, New Jersey developer. The $1.5 million pledge Boraie has made will be matched by an anonymous donor. The money goes to the “18 Chair Challenge” whereas Rutgers University’s Cancer Institute supports each of 18 academic disciplines. See, http://patch.com/new-jersey/newbrunswick/omar-boraie-chair-genomic-science-established-rutgers-cancer-institute.

This particular endowed chair, named the Omar Boraie Chair in Genomic Science, will be headed by Shridar Ganesan, MC, PhD, principal investigator of the precision medicine clinical trial at Rutgers Cancer Institute. Ganesan shoulders many other responsibilities at Rutgers such as associate professor of medicine and pharmacology at Rutgers Robert Wood Johnson Medical School. Robert Wood Johnson Hospital is the flagship hospital for The Cancer institute of New Jersey Network. One of Mr. Boraie’s goals is to make New Brunswick become known as the “Healthcare City.” Precision medicine’s focus, as far as cancer research and treatment is concerned, is the cutting-edge awareness that breaking cancers down into subpopulations through genomic analysis, enables oncologists to treat their patients in a more precise or customized way. This can save time and give hope to those whose cancers are no longer responding to traditional therapies. Other cancer centers are doing research on tumors through gene sequencing as well, but Rutgers got involved early on and have now been applying what they’ve learned to actually treat patients.

In an article published by Newswise http://newswise.com/articles/omar-boraie-chair-in-genomic-science-established-at-rutgers-cancer-institute Ganesan says “I am honored to be named the Omar Boraie Chair in Genomic Science. This pledge will help innovate clinical research to enable new understandings of cancer biology to benefit patients across even the most challenging disease sites, offering renewed hope for cancer patients and their families.” In a State of the Union Address President Obama echoed the significance of this new research and launched a national Precision Medicine Initiative to help find cures for cancers and other diseases.

The example Mr. Omar Boraie has set will hopefully be repeated by other benefactors. Cancer research has been going on for a long time and this recent discovery that comes out of it is encouraging. Boraie also has a chemistry background, so his interest in cancer research along with his hope that New Brunswick will be named the “Healthcare City” certainly makes his pledge worthwhile for him, for his family and for the hard-working medical professionals in and around Rutgers University.