Are Low Cost Index Funds Always The Right Answer?

In 2008, Warren Buffett wagered $1 million that his pick of a low cost S&P 500 Index fund would outperform five funds chosen by money management firm Protégé. The winner will be declared in 2018 after 10 years, and the money will be donated to charity.Timothy Armour, chairman of Capital Group, believes that although Buffett is a wise investor, carefully selected funds chosen by seasoned hedge fund managers will outperform low cost index funds in the long run. Even though low cost index funds seem like a good idea during a bull market, when the market faces a downturn these investors will be left more vunerable. The reality is that noone is able to predict the direction of the market at any given moment.

On July 28, 2015 the Board of Directors of Capital Group announced the election of Tim Armour as their new Chairman. This was a significant promotion from his previous position as Chairman of Capital Group’s management committee and Capital Research and Management Company. Jim Rothenberg, the former Chairman had passed away. Armour holds a bachelor’s degree in economics from Middlebury College and 32 years of investment experience.

Tim Armour believes that the strategy to “find active managers who earn their keep”, involves working with managers who consistently research the companies they invest in and invest their own money in the funds they recommend to their clients. His argument on why hedge fund are better than index funds is mainly due to the lack of control an investor has in an index fund.The chief of Capital Group has also commented on how the surprise election of Donald Trump as the President of the United States will impact the market. The interest rate has been dropping for his entire career, he says, and therefore he believes that it has reached the bottom and we should expect them to climb going forward.

Arthur Becker: He Built the Impossible Dream

Very few of us have had the ability to harness the power of both information technology which improves the way we communicate and biotechnology which enhances our health.

Arthur Becker, a former home-builder and operator of a macadamia orchard in Hawaii, morphed into a real estate wizard and a Biotech Mogul. According to Bloomberg.com, his journey to multi-million dollar fame could not have been planned. Becker made the right decisions at the right time because he knows how to solve problems.

Becker’s academic training was in Business Administration, graduating with a Bachelor of Business Administration at Bennington College in 1972 and he attended Tuck School of Business between 1973 and 1974 which is based in Dartmouth. His business organization skills have served him well.

In 2002, Arthur Becker was appointed as the CEO of NaviSite, LLC. NaviSite provides hosting services for organizations looking to outsource their IT services, which helps lower their operational costs, and offers state-of-the-art data centers. Becker also served as a board member of NaviSite and worked at NaviSite for eight years.

According to Page Six, Becker’s wealth derived from the time he spent at NaviSite. It was at this point in Becker’s life that he gradually moved into the culture of tech companies and he also took advantage of investment opportunities.

In June of 2012, Becker was appointed the Chairman and CEO of Zinio LLC. Zinio is a digital publishing company. It delivers digitalized content which converts content to offer digital editions to magazine publishers for their readers on their smartphones, tablets, and desktops. In the same period, Becker served as the managing director of the Madison Technology group, served as a managing director of the Atlantis Investors company, and served as the chairman and CEO of the Zinio Company.

Becker left Zinio in 2015 and has continued his career in real estate investment. Through Arthur Becker’s Atlantic Investors LLC, he has invested $500 million into New York real estate. Becker is moving out of the shadows and is now developing his properties with his name on them.

Is Becker finally going to enjoy his life and settle down? No, I do not think so.

http://perezhilton.com/tag/arthur_becker/#.WNN7L1V97IV

Dick DeVos; an Entrepreneur and Philanthropist

His work as a business man and political enthusiast has made his career success. However, it is his philanthropy work that is making waves across the globe.

After his wife Betsy DeVos was nominated to the post of education secretary, there was a probe on their philanthropic work. To get ahead of the investigation, the couple decided to release a report on their contributions. The report indicated that the family had donated $139 million in their lifetime.

In 2015, they had donated approximately $11.6 million to different organizations. 26% of that which is about $3million was dedicated to the education sector. Dick and his wife are passionate about the education sector.

The release of the report has sparked different reactions from the different people. Some say that it is a ploy to divert the attention of the public from their political contributions. Their spokesman, however, stated that the couple releasing the report was a sign of their support for transparency and either way the report would still have been released following Betsy’s nomination.

The couple makes its contribution through their foundation; the Dick and Betsy DeVos Foundation. The foundation has donated millions to different organizations including; the Kids Hope USA, West Michigan Aviation, the DeVos Children’s Hospital, the Education Freedom Fund and the Children First America among others.

In 2010, the DeVos family opened the West Michigan Aviation Academy which was the first aviation public charter school in the nation. The reason why they opened a charter school is so that they could provide opportunities to all students regardless Helen of their financial background.

In 2008, the Dick and Betsy DeVos Scholarship was established. The scholarships are meant to offer financial support to students pursuing their MS, MA, and MBA at the Thunderbird school of global management. They are targeting students from developing countries.

Since 2009, they have supported the ArtPrize which is an art competition in Grand Rapids.

Dick DeVos work history

Dick first joined the Amway Corporation in 1974. He was in charge of different divisions in the company like research, development, manufacturing, marketing, sales, and finance. He was later promoted to the post of the Vice President of the company and put in charge of the company’s operations in 18 countries.

For a brief period, Dick served as the President and CEO of the Orlando Magic. He later resigned in 1993 and rejoined the Amway as its president. He was in charge of all the operations of the company in the globe. Under his leadership, the company attained great success. By the time he was leaving, they had revenue of $2.5 billion.

After leaving Amway, Dick became the president of the Windquest group. In 2005, his father split the ownership of the Orlando Magic which made him part owner.

George Soros wins many small battles despite presidential loss

Investor and philanthropist George Soros has recently gained much attention for his gigantic contributions to the race of doomed candidate Hillary Clinton. Soros is reported to have donated in excess of $25,000,000 to the failed candidacy of the beloved ex-president’s much reviled wife. But Soros may have had other intentions besides merely backing the winning side. There is quite a lot of talk that George Soros’ money wasn’t spent so much in service of winning over support for Clinton but, instead, of fomenting antipathy towards her rival, business tycoon Donald Trump. In this, Soros may have well succeeded.

However, all of this attention on the big race has rendered virtually invisible the many small races in which Soros has managed to rack up a victorious record that would be the envy of any undefeated boxer. Concentrating on small, local elections, Soros has knocked out his opponents in almost every ring into which he has stepped. And in keeping his opponent’s on the ropes, George Soros is making real headway into transforming the criminal justice system in America forever.

Small doesn’t mean insignificant

In society as in microbiology, the smallest unseen thing can kill you. Few people outside of America’s impoverished ghettos on Forbes have a real understanding of how quickly and helplessly someone can be railroaded by the unseen forces of a criminal justice system gone off the rails. What Soros understood is that power in the criminal justice system is not distributed in practice how it should be in theory. In practice, prosecutors have almost dictatorial power over those arrestees whose cases appear before them. Even more so than judges, prosecutors have the unilateral power to decide who goes to jail and who goes free.

Soros first deployed this strategy of replacing those who hold the real hammer of justice, when he donated over $1,200,000 to the campaign of little known public defender Aramis Ayala. She went on to defeat multiple-term incumbent Jeff Ashton in the Orlando prosecutor’s race on Snopes. Ashton had long been accused of overseeing a regime that zealously prosecuted minorities, leading to stark racial disparities in the case load seen by Orlando courts. Aramis Ayala ran on a platform of criminal justice reform, vowing to reduce sentencing and charge disparities and send fewer non-violent offenders to prison, regardless of their rap sheet.

Another instance where George Soros scored a huge victory was in the Maricopa County Sheriff’s race. Decades-long incumbent, Joe Arpaio, had gained notoriety as a hard-line, old-time lawman who took no pity on the lawless. His perennial crackdowns on all criminal activity, sometimes known as broken windows policing, led to vast over-representation of minorities who were more prone to committing petty offenses, including drug crimes. After Soros donated $2,000,000 to Arpaio opponent, Paul Penzone, Arpaio was faced with the first real electoral challenge of his political career. Although the race was close, Penzone, with his king’s war chest, finally defeated Arpaio, bringing in a sea change for the Phoenix area criminal justice system.

Those who would discount Soros would be wise to keep an eye on a man to whom defeat has been a virtually unknown condition.

A New Chairman and His Strategies to Grow Capital Group, Inc

Timothy D. Armour is easily recognized as the Chairman and CEO of the one of the largest investment management companies in the world, the Capital Group, Inc. According to the Capital Group website, Tim as he prefers to be called, is also the Chairman and Principal Executive of Capital Research and Management Company, a part of the larger Capital Group. Tim Armour boasts over 30 years experience in investment and equity portfolio management. During his tenure as the Capital Group equity portfolio manager, Tim dedicated most of his time working with various telecommunication and service companies in the US and around the world.

The Board of Directors of Capital Group announced the appointment of Tim as the Chairman of the Group in mid 2015. Following the announcement, Tim along with Phil de Toledo, the company President and Rob Lovelace, the President of Capital Research and Management Company and other ranking members were tasked with implementing Capital Group’s business strategies and overseeing its operations. Immediately after his appointment, Tim affirmed that the management team together with its strong team of 7,600 associates will work together to realize the company’s mission. The mission is to produce solid, long-lasting investment results to satisfy the needs of its growing list of clients and investors.

Related: Capital Group’s Tim Armour Explains the Load Shop’s Recent Move onto Schwab’s and Fidelity’s No-Transaction Fee Platforms.

In line with it mission to strengthen investment strategies, Capital Group and Samsung Asset Management (SAM) announced an alliance covering several elements, including development of asset management capabilities and product for the Korea based entity. According to an excerpt published on Asianasset.com in October 2015, the Capital will help SAM develop retirement solutions; strengthen SAM’s investment strategies and asset allocation products and services. Under the multifaceted pact; the distribution channel support will involve conducting training programs in core areas such as business management, client management and asset management.

On product management, appropriate Capital Group products and services are to be deployed to help Samsung shore up its distribution channels. With regards to the retirement solutions, Capital will help SAM develop object oriented, long-term retirement solutions for the Korean market. Lastly, the investment management processes are targeted at enhancing SAM’s investment capability following Capital’s active management style. Tim Armour graduated from Middlebury College, a Los Angeles-based university, where he obtained a bachelors degree in economics, an overview on Bloomberg indicates. He started his career as an investment management in 1983 as a participant in The Capital Associates Program.

Keep Reading: Capital Group Names Armour Chairman to Succeed James Rothenberg

Sam Boraie: A Man Who Makes a Difference

Sam Boraie, Vice President of Boraie Development LLC. has been a pillar of the New Brunswick community. From Philanthropic works to many urban development projects in greater New Jersey, it’s safe to say Mr. Boraie is a man who wants to make the world a much better place for the people living in it. Let’s talk a little more about the man behind it all. Sam Boraie is the second son of founder and CEO of Boraie Development, Omar Boraie. Omar Boraie emigrated to the United States from Egypt four decades ago. Mr. Boraie Sr. earned his Ph.D. in Chemistry before founding Boraie Development in New Brunswick, New Jersey. The Boraie children followed in their father’s footsteps and are directly involved in the company by serving as vice presidents of development for their family’s business.

Sam Boraie and Boraie Development has created a trend of breathing life into every community it starts development projects in. From building 190 lower in condos and townhomes to be sold for much less than market value to provide housing to those in need to helping change the neighborhoods surrounding their projects flourish; It’s clear Mr. Boraie is a man who cares. See: http://www.boraie.com/

Other notable projects Mr. Boraie have been involved in include the complete planning, recreation, and development of Atlantic City’s entire Tourism District in 2011. This project has been a godsend to Atlantic City; by building housing and retail establishments in areas of the city that aren’t quite what they use to be. Good things come to the areas where Mr. Boraie and Boraie Development get involved.

Read more: At Two Extremes of a Housing Market

Sam Boraie’s devotion to making the world a better place doesn’t stop with at his business dealings. Mr. Boraie is heavily involved with many charities, including serving on the advisory board for Elijah’s Promise, a nonprofit organization which provides culinary arts training to hundreds of students then provides them with jobs. Elijah’s Promise offers thousands of healthy meals for local children and senior citizens by working with New Brunswick’s Meals on Wheels’ program. Sam Boraie is also on the Board of Trustees for the historic State Theater in New Brunswick. Some notable contributions Mr. Boraie provided to the State Theater include sponsoring free summer movie series which include films like Frozen, E.T. Extra Terrestrial, Despicable Me 2, Babe, Monster University, and Aladdin at no cost to summer camps of families to attend.

As you can see, Sam Boraie and Boraie Development are clearly determined to make the world a beautiful and brighter place. By being involved in many development projects throughout New Jersey, cities like Atlantic City get a second chance by having new industries and much-needed stimulation of local economies. Also, the philanthropic actions of this amazing family and business gives children a safe place to enjoy their favorite movies, provides healthy meals to local children and senior citizens, and gives local youth an opportunity for amazing careers by providing specialized, culinary arts training. I’m so glad the world has men like Sam Boraie, determined to make the world a better place in everything they do.

Follow Sam Boraie on Crunchbase
Read more about Sam Boraie on Intelius

Eric Lefkofsky – The Billionaire Cancer Fighter

When most people think of billionaires, they think of people involved in finance, technology or real estate investments. The names of Donald Trump and Bill Gates are often some of the first that come to mind when recognizing the exclusive billionaire club. Builtinchicago.com mentions that Eric Lefkofsky is a name that many probably don’t know as a household name, however, many of his business creations are.

Eric Lefkofsky studied at the University of Michigan, where he eventually earned a Juris Doctor degree. However, his career post law school has not steered him into the courtroom. Instead, Lefkofsky is described as a business entrepreneur. He creates companies and runs them to be highly successful before moving on to the next great business need.

One such company is Tempus. It is a technology company that facilitates Doctors to give a more personalized experience to cancer patients. Tempus does this through its operating system that is not only interactive and analytical to Oncologists but also has the ability to learn. This gives Doctors the necessary tools to provide real-time, highly accurate data-driven decisions for their cancer patients.

More specifically, a patient will provide their Doctor and Tempus blood and tissue samples. Once received at a Tempus lab, the samples are examined for DNA and RNA sequencing. Within two weeks of receiving the samples Tempus researchers are able to identify gene mutations related to that patient’s cancer. Tempus then sends a report to the patient’s Doctor that includes the patient’s specific gene mutations. Obviously, this information alone allows the Doctor to formulate a plan tailored to their patient. However, Tempus goes one step further and includes in the report information from scientific manuals and relevant clinical trials.

So successful has Tempus become that it recently announced a partnership with the prestigious University of Pennsylvania’s Abramskn Cancer Center. Using its proprietary operating system, Tempus provides researchers at the university with sequencing and analysis of pancreatic and melanoma cancer patient tissue samples. This will allow university researchers and physicians to pick the best immunotherapy treatment to give it’s patients at Abramskn.

For Lefkofsky, being a household name billionaire isn’t his main motivation for his pursuits. As can be seen with the revolutionary work being done with Tempus, Lefkofsky is not only an innovator but also a humanitarian.

More information for Eric Lefkofsky: http://finance.yahoo.com/news/eric-lefkofsky-liz-lefkofsky-support-223023277.html

Keep Russia in Check Against Ukraine

Do you want to know how you can wage war without shedding a single drop of blood? It’s easy. All you have to do is apply the right kind of economic pressure. Recently, one of the best ways to see this tactic in action is through the European Union. Knowing that a new Ukraine must be protected from Putin at all costs, the European Union introduced sanctions on oil. The Russian economy desperately needs oil pries to hover around $100 a barrel to prevent a massive debt crisis. Back in early 2015, oil prices were a little over half of that targeted amount. Economic sanctions against Russia help keep the price of oil for Russia at that lower amount. This cripples an increasingly thuggish Putin, and in turn, it helps keep a new Ukraine safe from Russian influence.

Unfortunately, these sanctions against Russia also have a drawback. As Russia attempts to balance its budget and keep the ruble from being annihilated by sanctions, the euro is threatened throughout the rest of Europe. The best way to counteract this necessary evil of sanctions against Russia is to provide assistance to Ukraine. Helping Ukraine will help stabilize the euro. This will help all of Europe in the long run. Russian aggression in Ukraine will be halted, and the euro will remain strong throughout all of Europe.

Read more:
George Soros – Forbes

Europe’s Ukrainian Lifeline

George Soros, the noted businessman and philanthropist, has pointed out the critical need to help Ukraine and keep Russian aggression in check. George Soros wrote in 2015, “The birth of a new Ukraine and the Russian aggression are not merely temporary shocks but historic events. Instead of facing the remnants of a moribund Soviet Union, the European Union is confronted by a resurgent Russia that has turned from strategic partner into strategic rival. To replace communism, President Putin has developed a nationalist ideology based on ethnic grounds, social conservatism, and religious faith the brotherhood of the Slavic race, homophobia, and holy Russia. George Soros has cast what he calls Anglo-Saxon world domination as the enemy of Russia and of the rest of the world.” In other words, we are no longer dealing with a Russia from the past. This is a new dawn for Russia, and the rest of the world needs to be willing to do what it takes to keep Russia in check.

Meanwhile, Ukraine will need to make some changes at home. Thankfully, most of these changes can be done by the younger population. These young Ukrainians have democratic ideals and studied abroad. They will need to fight the old bureaucracy of Ukraine from within to help bring about lasting change. This can largely be done by reducing the bloated number of civil servants in Ukraine. The remaining civil servants can be paid more to reduce the temptation for them to take bribes. This will help begin a capitalist society that can rebuild Ukraine.

Citizens around the world should note what is occurring between Ukraine, Russia, and Europe. The prosperity of the world depends upon it.

Learn more about George Soros:
http://www.investopedia.com/university/greatest/georgesoros.asp

http://www.biography.com/people/george-soros-20926527

Advice for Dealing With Doxxing

Getting doxxed is a serious affair in our internet oriented life. We all have important information on the internet thanks to its prevalence in our day to day lives. Darius Fisher, the President of Status Labs — an online reputation management firm, has seen first hand how doxxing can hurt your life. Seeing your information in the hands of people who want to potentially do you harm can be quite terrifying. So in order to help people deal with doxxing incidents Fisher decided to put together some key pieces of advice for how to react in such tumultuous situations.

Most people don’t realize that doxxing can be quite serious if it isn’t taken care of immediately. A popular form of harassment when it comes to doxxing is to use people’s phone number or personal address to ‘SWAT them’ by calling in fake bomb threats. This harassment could turn deadly in the wrong situation. Darius Fisher, who has guided Status Labs to prosperity in recent years, knows that you need to be proactive in situations where your information may be compromised. Don’t overreact or lose your composure, but use these steadfast and measured actions to get back on track.

The first thing you need to do, according to Fisher, is document who is leaking your information and where they are doing it. If the leak takes on a more sinister turn you need to be ready to turn in these people to the authorities, including the FBI. Once you’ve made the appropriate documentation you need to start acting in a way that will prevent future leaks from happening.

According to an article from Huffington Post, Fisher believes that you need to take a long look at how your social media is set up. Making sure that your social media accounts are locked down is an integral step in preventing information from getting leaked. Go through your privacy settings and make sure everything is as highly rated as possible.

More information for Darius Fisher:

https://forum.web.com/secrets-of-success-darius-fisher/