Timothy Armour Comments on Buffet Bet

One of the most successful investors and financial experts of all time is Warren Buffet. Buffet has often had the mentality and advice that the average consumer should focus on investing in low-cost index funds, which over time should mirror the returns of the market. To prove his point, he made a bet against a few top hedge funds that in 2016 the index funds would out-perform the average hedge fund. In the end, he was proven right as he won the bet by outperforming the top funds and read full article.

While Buffet was successful with the bet, not all people are convinced that his advice is still the right strategy. One opponent to the strategy is Tim Armour, who runs portfolio management for The Capital Group. Armour stated that part of the reason for Buffet’s success is that he made the bet during a bull cycle. The true value of fund management comes in years where the stock market declines. In these years, hedge funds are able to hedge risk to protect investor capital and resume him.

Armour further stated that during his 20-year run as the head of portfolio management, his firm has beaten the overall market by 1.5% per year, annually. Over a long period of time, this higher return could lead to significant growth in stock value. During his time as the head of portfolio management, he has seen a range of different investment cycles, which has helped him to prepare investors for significant changes in the market while protecting capital and what Tim knows.

USHEALTH Chief Troy McQuagge Bags One Planet Award – 2016 as the CEO of the Year

Troy McQuagge, the Chief Executive Officer of USHEALTH Group, Inc., won the prestigious One Planet Award – 2016 as the CEO of the year and declared as the Gold Winner. The global premier award program is to facilitate people who are exceptional in business and professional excellence across various industries. The firms and organization can submit nominations for leaders who have driven great change in the respective companies and corresponding industries. Since McQuagge joined the healthcare provider in 2010, he played a crucial role in converting and rebranding its distribution agency USHEALTH Advisors. His interference in shaping the USHEALTH Advisors to a world-class distribution agency helped him to become the President of the firm.

The company experienced a steep growth during the term of Troy McQuagge, and he led USHEALTH Group to greater growth and increased profitability, which are uncommon in the extremely competitive healthcare insurance industry. “It is a great recognition being named as the One Planet Awards winner in this highly transforming industry, and this award goes to everyone in the USHEALTH family,” said McQuagge. “It is a testimony to our commitment to providing great quality health solutions to our customers that are addressing the various needs of them in the best way.” One Planet Awards have a number of categories, and it recognizes executives, teams, Marketing, PR, new products and services, and corporate communications.

McQuagge has more than 30 years of experience in insurance industry, and this helped him to understand various complexities of the industry with respect to customers and their expectations. He is an active proponent of customized plans and encouraged USHEALTH Group to come up with personalized and innovative products which helped it to gain significant market coverage and sales. Since he joined the firm 2010, USHEALTH Group made a record growth over 500 percent. McQuagge is also focused on providing excellent customer experience and has driven various initiatives to ensure world-class customer service and professionalism. It has helped the health insurance service provider to win the 11th Annual Gold Stevie Awards for providing the best customer service and churning greater sales.

McQuagge started his career with Allstate Insurance Company in the year 1983, and later, he joined with HealthMarkets in the year 1995 and led it to form two biggest captive insurance sales organizations in U.S. by working as the President Agency Marketing Group of the firm. He completed his graduation in Legal Studies from the University of Central Florida before starting the career. McQuagge is a strong proponent of corporate philanthropy and giving it back to the society. He played a pivotal role in establishing HOPE, a voluntary charity organization formed by USHEALTH Advisors to help the community in various needs from education and healthcare to emergency assistance and disaster response and learn more about Troy.

Entrepreneur and Philanthropist, Eric Lefkofsky

Eric Lefkofsky is a man who wears many hats. Not only is he a successful entrepreneur and author but he is also a respected educator and philanthropist. He helped found five technology startups worth more than a billion dollars. Lefkofsky is the CEO of Tempus, a technology company  he co-founded, which has developed an operating system to aid in the fight against cancer. To this end, they are compiling the world’s largest library of molecular and clinical data and the aforementioned operating system to make that data accessible and useful. Utilizing transcriptomic and genomic sequencing and deep machine learning, Tempus assists doctors in their effort to achieve a better understanding each patient’s tumor. Doctors can also discover more personalized treatment options by analyzing clinical and molecular data. This along with detailed reporting delivered directly to the patient’s physician, as well as new and unique research technologies occurring in synthetic and animal models rather than patients, has allowed Tempus to advance the battle against cancer to a place never before imagined.  Source investor.groupon.com.

 

As a man who has spent much of his life in the business of starting, running, and selling technology companies to the tune of a hefty profit, according to chicagobusiness.com  he is well versed in the fast paced, blink and you miss it, culture in which these types of companies exist. More importantly, Eric Lefkofsky understands how disruptive businesses (businesses that disrupt the status quo by offering better choices in price, service, convenience, or funtionality) are not only formed, but grown and sustained as well. In the world of technology, someone might have that great idea with the potential to completely change the face of an industry. Many times that someone can let that advantage slip through their hands. It is important, if not imperative, that businesses today come to realize the fast pace of technology and how it allows competitors to come from anywhere at anytime and overtake them. It is just this knowledge and the experience from which it was gained that Eric Lefkofsky hopes to provide in his book Accelerated Disruption.

More on this link http://www.lefkofskyfoundation.com/