There are two schools of thought when it comes to stock portfolio management: one that is active and robust, and the other which is passive and simply tracks to established indecies. Warren Buffet has made the claim that a portfolio tied to the S&P 500 will outperform the results realized by top fund managers as well as hedge fund leaders. And of course he was correct.However, Tim Armour recently argued on CNBC’s website that there is a lot more to this debate. He posits the theory that passive funds may out perform mediocre and below average managers, but there are plenty of portfolio managers out there that regularly out perform the indices. In fact, Armour believes that passive management is fraught with pitfalls and the potential for significant losses. There are many risks that canbe avoided with active, competent management, and on the flip side, there are many more gains to be made with this strategy.
Tim Armour believes that incompetent management along with excessive fees are the main reasons for low returns in actively managed funds. With reasonable fees and trades that are thoughtfully and economically executed, there is absolutely no reason why a strongly managed fund would not out perform any index over a reasonable period of time.Speaking out with a viewpoint that is counter to Warren Buffet’s takes some courage, and Tim Armour has shown their his successful run as Chairman of the Capital Group, that he is one with a healthy amount of courage.
Through his work with the American Funds, Armour has helped many, many Americans to maximize their retirement funds. Armour believes that with most people in charge of their own retirement future, it is key to provide them with useful advice to help them to be successful.While Armour does agree with Buffett on many topics, he is a strong proponent for active fund management and disagrees with Buffett’s statement that passive management with always outperform passive funds.
One of the worst diseases in the world that takes millions of lives each year is Cancer, and while there are numerous studies and research being conducted worldwide on it, the cure is yet to be found. Many different types of cancers are curable now, but one of the things that are missing in most of the studies and research is the availability of data.Eric Lefkofsky, widely known for his first startup Groupon that is worth close to $3 Billion today, has recently co-founded a medical research firm named Tempus. The creation of Tempus aims at building co-relating data that would help the physicians and researchers across the globe to get the data they need in their study to develop effective cancer therapies. Tempus aims at gathering clinical, molecular as well as patient outcome data from various medical research centers and facilities to make it available for the medical professionals so that they can provide better and more personalized treatment to the patients.
The idea of creating Tempus came to Eric Lefkofsky when his wife Liz Lefkofsky was diagnosed with breast cancer, and he realized that the cancer-related databases are not optimally organized or structured. He said data as to how much a particular cancer medicine was used in the past six months and what the result was after using can take months to gather manually. However, if such data is available easily with a click of a button to the physicians, oncologists, and researchers, the research conducted as well as the treatment provided can be far more efficient. It can save time as well as millions of dollars that are being fuelled into cancer research each year.
Eric Lefkofsky is one of the most successful entrepreneurs in the United States today and has co-founded many other firms other than Groupon and Tempus, which includes MediaOcean, Uptake Technologies, Lightbank, Echo Global Logistics, and InnerWorkings. Eric Lefkofsky is also a generous philanthropist and donates to various charities across the country through Lefkofsky Family Foundation, which works actively to help empower local communities through providing better education, social support, and healthcare. He has also written a book named Accelerated Disruption.
Being born and raised in Switzerland, Mike Baur was always fascinated with banking and financing ever since he was young. He decided that he would direct his career path toward banking and financing and this led to him joining the University of Rochester where he earned his MBA. He later joined the University of Bern where he earned an executive MBA. He understood the important of having a strong educational background, and this is why he never hesitated in furthering his studies. After gaining the required amount of education, Mike joined the banking industry where he worked for more than twenty years. His dream of joining the banking sector had finally come true. At the banking sector, he worked his way to the top to become a recognized personality in the industry. By the time Mike had reached the age of thirty-nine, he had already begun his very own company which he named SSUF (Swiss Startup Factory) with the help of two partners.
Baur’s mission has always been to offer assistance to new entrepreneurs while turning their ideas realistic. He aimed at turning these ideas into companies that will be recognized globally. Mike believes that through this, conventional products and business models will be sent into upheaval. Baur believes that he can help entrepreneurs achieve a point where they can go and offer the same services they received from Swiss Startup Factory. For you to be qualified to participate in Mike Baur’s program, you first have to apply, but there is no need to write a business plan. From these applications, entrepreneurs are selected who undergo various processes such as interviews and demonstrations. From these processes, Mike gets a chance to meet every entrepreneur and get to hear their idea and if impressed the entrepreneur undergoes various phases that help in bringing his idea to life.
The entrepreneurs will be supplied with cash to help him/her get started. Here entrepreneurs are given an opportunity to try and implement their idea as they see fit. They also undergo training and coaching to help shape the entrepreneur to become a better person. All Baur looks for is an individual who is passionate and ready to bring his/her idea to life after receiving the support he/.she needed. Baur understands that sometimes an individual might be having an idea but cannot pursue it due to financial problems, and this is why he aims at helping such people. He believes with his assistance; many entrepreneurs will get an opportunity if becoming successful and making it in life.
One thing that Roberto Santiago has been good about is providing a great social experience for people. One of the greatest social experiences can come from visiting the movie theater. Roberto Santiago doesn’t just have any movie theater, it has the greatest theater with big screens and a great sound system. People that visit the theaters will be amazed at the visuals that are presented. They have the highest resolution in picture available so that they can experience an image with a lot of detail and without all of the digital artifacts that are often present in digital presentations. Read more articles on Roberto’s Blogspot.
For those that are hearing reviews about a movie they are interested in, they might want to make sure that they get a showing at the largest screen possible in the theater. Fortunately, Roberto Santiago Manaira Shopping theater offers people the largest screens for the best reviewed movies. One thing that can be very frustrating is going to a first run theater in order to catch a well reviewed movie on its first weekend on one of the smaller screens. This ruins the point of the experience. Some movies are meant to be shown on big screens. This is one of the reasons that some theaters have adopted premium formats for movies.
Roberto Santiago knows his customers want the best of everything. This is why he makes sure that his mall provides the best of everything no matter what type of company it is. If it is fast food, he makes sure that the fast food company offers the greatest in food and customer experience as well as atmosphere. The greatest releases are not just enjoyed in the movie theaters. They are also enjoyed in the different stores that offer products.
Roberto Santiago Manaira Mall is an experience that has yet to be compared. It is rare for a mall to have a lot of the features that this mall has. For one thing, the mall has to make sure that it is clean and that the stores are up to standard. As customers are able to have the type of experience they want, they will recommend the experience to others.
Visit TripAdvisor to read more.
Nationwide Title Clearing has decided to take it to hands and respond to the numerous action calls that prompt the company to engage in the working capabilities associated with better business development. As a matter of fact, no one has the capability to engage in this business if property titles are defective. For this reason, the company has developed a high-end online website that allows people to order for the property titles in a manner that depicts the true leadership in this industry. For you to access these property titles, you must first develop high-end capabilities in a manner that depicts the better business development capability. For this reason, you will get better business issued through sustainable development instructions.
One of the major causes of concern in this industry is the property development. As a matter of fact, no one has the capability to issue you with the better business development. As a matter of fact, we must also work to attain better business to assign one capacity in this region. We are all working to gain recognition in the industry. Therefore, we are all entitled to receive better business through n on defective property titles. In the recent past, we have also seen other people feel that they are the major causes of business stagnation in this industry. As a matter of fact, this is one of the industries whose business was always running faster than ever. Therefore, we all work to get better business through sustainable management capabilities.
According to Nationwide Title Clearing, many people whose titles are accredited as defective are the cause of forced foreclosure in this industry. For this reason, they end up working towards business sustainability in a way that is not matched in the industry. For this reason, people end up working for capability issuance through sustainable management platforms. If you are the owner of property, a defective title will make you never sell this property. For this reason, you might want to ensure that the title is free of any encumbrances in previous lines. Therefore, you will have the capability to sell the title to other people interested in its purchase.
Nationwide Title Clearing is a leading provider of mortgage property titles. For the financial industry, it offers property titles reports to those who want to secure loans using their properties as collateral. The mortgage and financial industry have also benefited from Nationwide Title Clearing services.
For more details, follow Nationwide Title Clearing on Twitter.
Every person would love to accomplish their childhood dreams and passion, although most of us to achieve that, few people have reached that including entrepreneur Mike Baur. Mike Baur is a banker, and his passion for finance began when he was still a teenager. Mike was born and raised in Fribourg, Switzerland. Mr. Baur is a go-getter, and he did not let his dreams and passion for finance die, instead went after his high school education, he ahead to pursue MBA from the University of Rochester and an Executive MBA from the University of Bern.
Mike Baur began his career working in the Swiss Banking Sector, and his hard work and devotion saw him climb the career leader becoming one of the Executive Board members in a Swiss private bank. Mike has worked in top banks in Switzerland including Clariden, and Sallfort. Baur is also very passionate about seeing young people succeed in life and especially in financial matters. Together with his co-partners, they founded Swiss Startup Factory in 2014. The primary reason for establishing Swiss Startup Factory was to mentor as well as supporting the young innovators in Switzerland and the world over. The institution is privately owned, and it is also funded and supported independently.
Swiss Startup Factory is a unique support organization in Switzerland, and it is designed to run a three-month accelerator program. The accelerator programs are very clear and are meant to describe milestones that will decrease time to market. The young innovators receive funding and execution from the company during the acceleration session. Some of the areas that the organization helps the young entrepreneurs include sales and marketing, finance, law, and technology. The most significant assistance they are offered is the mentorship program which is conducted by top successful entrepreneurs.
Swiss Startup Factory accelerator program does not only provide mentorship and support to startup but also to entrepreneurs in residence who have not yet found a business idea but are willing to found a startup. The young entrepreneurs apply, and they are selected to be part of the startup team that will receive mentorship and support from the Swiss team. The Swiss Startup Factory continues to sustain new start-ups and developments, and it is even more interested to discover more new possible projects. Mike Baur who is the Chief Executive Officer of the organization and has more than 20 years experience in the financial sector continues to provide leadership to the team to fulfill the young innovator’s dreams.
The famous Damac Properties real estate developer was established by Hussain Sajwani in 2002, exploiting an opportunity after the Dubai government permitted nonnatives to possess property in the emirate. Purchasing land in a then-undeveloped piece of town, he figured out how to sell his initial 38-story private building in less than six months before he struck the ground to begin development. Sajwani has since shined Dubai’s image as a sparkling destination. Damac has collaborated with worldwide extravagance brands Versace and Fendi for apartments designing while Donald Trump developed golf courses. Promoting tricks incorporate a free Lamborghini or BMW for flat purchasers each January. Hussain Sajwani began his entrepreneur journey in food service business, whereby he attracted clients like the Construction Giant Bechtel and US Military and up to this day, he still runs the food service firm. At Donald Trump’s bash in New Year’s Eve in Florida, he gave a discourse to the visitors in participation and got out his companion and business accomplice Hussain Sajwani. According to CNN Trump said, “Hussain and the entire family and beautiful people are here from Dubai today this evening. What’s more, they’re adoring it”.
It is clear that both Hussain Sajwani and Trump share fondness for flashy real-estates. Sajwani has utilized promotion skills to peddle his luxury flats and homes. Bugatti-marked estates got ready for another group on 1,260 acres that will highlight another Trump International green golf course while in addition to the space near the glass-walled living room whereby owners park and get a view of the Bugatti sports car. Sajwani likewise hit co-marking trades with Versace and Fendi among the other properties Damac Properties is currently developing. Sajwani was back in the United States after the election where he met with Ivanka, and shifting to Washington to be nearer to the White House. Hussain Sajwani is the Executive Chairman and Chief Executive Officer at Al Anwar Ceramic Tiles. He is also the Co, Chairman at DAMAC Holding LLC, and at Al Jazeira Services Co. SAOG. Habib Sajwani was born into a middle-class and conservative family of Dubai in 1954. He earned his economics college degree from the University of Washington. Today, Sajwani is a role model to many in business sector among other developing fields.
Water quality should always be a major source of concern and regular testing for all resorts around the world, which has been shown to be the case for Squaw Valley Ski Resort that identified the presence of two contaminants soon after a huge rainstorm that flooded groundwater wells across the Placer County region. The Upper Mountain region of the resort has been the only area hit by the water quality issue, which is limited to four wells serving a small portion of the resort; Squaw Valley’s Public Relations Director Liesl Kenney explained skiing is being permitted in the Upper Mountain area, but restaurants and drinking water supplies remain off limits with complimentary bottled water being offered to all visitors.
Liesl Kenney explained it is important to remember the contaminated water supplies were never offered to any visitor at the resort and no health issues have so far been traced back to the contaminated water supply. Squaw Valley’s popular Upper Mountain locations of High Camp and Gold Coast are some of the best known on the slopes of Placer County, but Squaw Valley officials believe keeping restaurants and other entertainment options closed for now serves the health of their visitors and will not reopen until water quality experts have restored the water to normal levels.
In a statement released by Liesl Kenney it was revealed the upgrades to the well water systems made in the Summer of 2016 resulted in the presence of traces of E.Coli and Coliform were identified quickly during regular testing procedures. Immediately upon identifying the issues with the water supply to the Upper Mountain region it has been reported drinking water was turned off in the affected area and a number of local officials and independent experts immediately contacted; Placer County Environmental Health officials, Squaw Valley District agencies, and independent experts have since been working together and report E.Coli is no longer present in three of the four affected wells, and Coliform has also been reduced as the battle to return the water quality to normal seems ot be being won at Squaw Valley Ski Resort.
One of the premier trading firms in the world over the past decade has been Chopper Trading. Raj Fernando, a seasoned trader who was looking to branch out on his own, formed Chopper Trading in 2004. Raj Fernando started his career in the late 1990s when he worked at the Chicago Board of Trade and later the Chicago Mercantile Exchange. In these roles he gained a significant amount of market knowledge, a client base, and trading skills, which have helped him to make Chopper Trading very successful.
One of the ways that Chopper Trading differs from every other trading firm is that it has a different approach when it comes to hiring talent. Many trading firms end up focusing on getting people from the best schools and those that have the best grades or spent years working at other top firms. While education and experience are important option the firm, they are more concerned with building and maintaining a positive work environment. The firm is far more focused on ensuring that all of the personalities blend and that people can be friendly before, during, and after the trading day.
While the company is focused on hiring people that have financial backgrounds and experience trading, they also consider the technology aspect of their firm to be very important. The company has one of the largest technology department in the industry, which allows it to develop and implement the best trading platforms in the world. This gives the firm the ability to recognize patterns and review trading strategies faster than their competitors.
For more information please visit https://www.facebook.com/RajFernandoRF/
“Davos CAP Calculator” is a mobile application whose aim is to estimate returns for clients on real estate investments, created by the Davos Real Estate Group. This group is an independent company that is part of the Davos Financial Group, which offers financial advice on an international level.
Davos Financial Group has an objective to focus on creating investment strategies that meet the desires of each client by providing high quality service and highly experienced professionals that specialize in each of the services they provide.
Executive Director of Davos Real Estate Group, Gerald Gonzalez, has been working for many months with the company Tecknolution on designing and developing this new application tool. It allows an individual to estimate gains of an investment property after associated expenses are taken into consideration.
This new application is available on iPhone and Android devices. It is only the beginning of a series of apps, according to Davos Real Estate Group. These series of apps will allow individuals to identify properties through your device and the ability to forward real estate reports to your agent via interactive chat.
David Osio, the founder of Davos Financial Group, believes that there was a need to develop a mobile app that allows the company to assist them in guiding their clients while they are investing in real estate throughout the country. The application is a very innovative tool that allows investors to have a clearer financial vision whilst purchasing properties.
Customers can estimate prices or rent on properties that suit client’s projected incomes the best. There will be a mortgage calculator on the app that allows clients to estimate their mortgage based on projections by the bank, the associated rate of interest and the funding period.
David Osio is the Executive Director of Davos Financial Group, in addition to be its founder. Prior to that position, he earned his law degree from the Catholic University Andres Bello in Venezuela. He has a tremendous understanding of financial practices across the multi-faceted financial industry.
David Osio has also studied at the IESA and the New York Institute of Finance, where he studied Shares Portfolio Management and Banking. He has had an outstanding career as a Legal Advisor in the private banking division of the Latino International Bank (BLI). In less than two years at the position, Osio moved up the ranks to Vice President of Commercial Banking.
In 1993, Osio decided to part ways with the BLI and founded Davos Financial Group, a corporation of independent companies dedicated to giving financial advice to customers.
Learn more: https://www.xing.com/profile/David_Osio