Timothy Armour Comments On Buffet Bet

Over the past several decades, Warren Buffet has turned his primary business, Berkshire Hathaway, into one of the top businesses in the world. He has also developed the reputation as being one of the best investors and financial managers of all time. Buffet has continued to provide consistent advice about investing wisely. One part of this has been to focus on investing in low-cost index funds, as opposed to more expensive hedge and mutual funds.

Over the past few years, many people have spent a lot of time analyzing a bet that Buffet has made with a few fund managers. Buffet bet that he could receive a better rate of return by investing in an index fund than someone would receive if they invested in a mutual fund. Finally, a few years after the bet was made, the dust settled and Buffet was concluded to be the winner.

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One person who has spoken out against the strategy is Timothy Armour, who is a principal of the Capital Group. Armour has spent over 20 years working for the Capital Group in a variety of roles, including asset and portfolio management.

Armour stated that part of the reasons why Buffet was successful in the bet was that the stock market did very well overall in that time period. The risk of investing in the stock market index funds is that there is no downside protection. On the other hand, hedge and mutual funds have the ability to hedge against risks and downside. Armour further pointed out that over the past 20 years, his fund’s average rate of return is more than 1% higher than the stock market.

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Want To Throw A Party And Don’t Know Where To Start? Read This.

If you’ve never thrown a party before, it’s normal to feel nervous. When you invite a large number of guests into your home, it goes without saying that you want to have the most delicious food, the most fabulous decor and the most inviting environment.


However, without some proper guidance, it’s easy to try to do too much in too short a period of time. You may have lofty and extravagant dreams about throwing a party that your friends and family will be talking about for ages but if you don’t incorporate some smart planning and organization, you can easily become overwhelmed.


Luckily, we’ve compiled a list of tips from expert party planners who know what is required to ensure that a party is a success.



Create a Theme


An easy way to ensure that your party is super festive and memorable is to come up with a fun and creative theme. Guests love themed parties because it allows them to dress up and let loose.



Come Up with a Signature Cocktail


If you want your guests to have access to delicious beverages but don’t want to splurge on a wide variety of liquor, you can just serve beer, wine and a signature cocktail instead. A signature cocktail can be a creation of your imagination that is somehow related to your theme. Feel free to make a large batch ahead of time so that guests can help themselves.



Consider a Professional


Want to throw a fabulous party without doing all the work? Hire a professional event planning company like Twenty Three Layers in New York City. This event planning company can help you during the planning stages of your party as well as provide services that you may need like photography, live music and catering.



Take a Step Back


Throwing a party takes an enormous amount of work and if you don’t give yourself some time to relax, you won’t be able to enjoy it when your guests show up because you’ll be too tired.

The Successful Career of Executive Recruiter Julie Zuckerberg

Julie Zuckerberg is an executive recruiter for top management companies in New York City. Her exceptional skills have contributed to her employment in prestigious companies such as New York Life Insurance and Hudson. Julie has an outstanding educational background. She undertook her degree programs in law and philosophy from the New York School of Law and the University of New York respectively. In November 2002, Julie began her career as an executive recruitment expert at Hudson where she managed the placement of candidates. She worked at the firm for five years, and her roles included recruiting case managers, attorneys, and support staff. Julie undertook the above duty on behalf of Law firms, financial institutions, and corporations.


Time at Citi Global Consumer Bank


In October 2007, Julie was appointed as the Vice President of Citi Global Consumer Bank. While there, she also worked as the executive recruiter and head of recruitment processes in the Greater New York City Region. Her positions in the company enabled her to lead the recruitment of directors of the Citi Global Consumer Marketing and CitiCards. Furthermore, Julie took part in advising the company on compensation trends, competitive markets, and recruitment strategies. As a result, she participated in negotiations of job offers, for instance, deferred award, equity buyouts, and immigration in partnership with other human resources. Additionally, Julie participated in succession planning, fee negotiation, and candidate vetting. She advocated for the use of website networking when she changed the recruitment processes of the firm. Consequently, her hard work earned her a promotion that saw her in-charge of senior recruitment of top management staff such as directors and managers. Julie later joined the New York Life Insurance Company in November 2013. During her four-month period at the firm, she supervised all hiring processes involving executive positions. Moreover, she managed a recruitment team that included team project managers. Julie was also responsible for offering life-cycle recruitment and talent strategy planning. She collaborated with top management officials to provide innovative solutions.


Deutsche Bank


She also served as an executive recruiter and the head of talent acquisition for the company. Later in 2015, she received a promotion and became the Executive Talent Acquisition head. Her new position gave her power to lead and manage the hiring of managing directors all over the United States. This was possible when she collaborated with business associates and hiring managers. Julie has acquired many talents and gifts including talent acquisition, executive staffing, and conflict resolutions that played an essential part in her career path. Additionally, she is an expert in management, coaching, and technical recruitment. Julie stays in Manhattan, New York. While away from work, she engages in interests like running, photography, cooking, discovering new technologies, and checking out art galleries. Julie also contributes to charitable programs that are related to animal welfare, economic empowerment, and conserving the environment.