What Financial Insiders are Saying About Buffett’s Recent Comments

It is not often that you hear someone question the wisdom of one of Warren Buffett’s strategies, and it is even rarer for someone to come right out and say that he is wrong. The Oracle of Omaha enjoys a certain amount of reverence within the financial investment markets and due to this most criticism of him and his strategies is quite muted. This was not the case earlier this year when Capital Group’s Tim Armour came out and called Warren Buffett’s passive investment strategy flat out wrong. Actually, Tim does expand his thoughts to agree that Buffett is correct in his belief that far too many money managers are mediocre at best.

Armour’s success Capital Group shows just how a competent money manager can and will realize impressive returns for their clients. It is true that many passive index funds are better performers than poorly managed funds that follow active strategies that are misguided. Armour believes that while yes, there are investors who would be better off in a passive fund, the best place to park one’s money is in a fund that is actively managed by a successful strategist investment . In reality what Armour is saying is that there should not be a need for passive index funds if all money managers were performing their jobs in a competent manner.

Tim Armour financial insider and is the current Chief Executive Officer and the Chairman of Capital Group, a firm he has led for many years. His work with the American Funds makes him one of the world’s largest money managers. Armour is a strong advocate of active management and believes that funds should provide investors a reasonable rate of return for a reasonable fee. It will be interesting to see how Warren Buffett’s claim pans out and see if the S&P does outperform the basket of funds that he selected. Of course with Warren Buffett involved there is a strong chance that he will emerge a winner, as will the charity to which he pledged $1 million if he is, in fact, proved correct in his prognostication.

To know more visit @: www.thecapitalgroup.com/us/about.html

Nick Vertucci’s Blueprint For Success In Real Estate

Making the most of his wide-ranging knowledge and understanding of how to get started making money in the real estate market, Nick Vertucci travels across the country making solutions to real estate challenges available.

Vertucci is the founder and chief executive of Nick Vertucci Companies and the Nick Vertucci Real Estate Academy (NVREA), which he launched in 2013.

The NVREA creates the means to solve difficulties within the real estate investing profession. After having made millions of dollars in the market, Nick Vertucci is enthusiastic about letting others thrive as well.

The real estate investor and specialist who developed a professionally managed system that helps other investors in purchasing, rehabbing and renting bank owned properties delivers the details of his system in three steps.

According to Nick Vertucci, the first step is to locate the best deals and secure them at the best price. He gives the example of buying low and selling high.

In the second step, he recommends getting the houses ready for the flip. The third step is uncomplicated according to Vertucci, cash the checks, flip the homes and discover your fortune on highya.com.

Through the workshops the academy offers a variety of tips to help get started flipping homes.

The workshops emphasize understanding where to look for money that can be applied for funding transactions at http://fortunesinflippingevent.com/. Also how to evaluate and appraise a property so you can make an educated guess as to a rehab cost quickly.

In another tip, the workshops demonstrate the skill of investing profitably part-time as well as full-time.

Networking with real estate professionals who are at the present time performing in the real estate market will also provide a wide range of information as will using Craigslist, Facebook and other social media to promote your upcoming flips.

Investing in real estate with no cash down as well as making use of other people’s money to subsidize your real estate business are also important guidelines to be learned through the workshops on nvrealestateacademy.com.

Recent workshops have taken place in Sacramento, California and Nashville, Tennessee while future workshops are scheduled to take place in Baltimore, Maryland, Fresno, California and Seattle, Washington.

Vertucci and his family live in Orange, California.

Alexandre Gama; Brazil’s Top Visionary

Alexandre Gama is a Brazilian entrepreneur and visionary who works primarily in the communications and advertising industry. He founded the company Neogama and currently serves as both chief executive and chief compliance officers. Alexandre Gama’s company, Neogama, is one of the top advertising agencies in Brazil. He first began his career in advertising in 1982. Since then, he has won many awards and achievements, one of which includes becoming a member of the Global Creative Board, a Publicis Groupe made up of only six agency leaders from across the world.

In addition to Alexandre Gamas work in the field of advertising, he successfully immersed himself into the music industry. Gama founded VIOLAB, a Brazilian acoustic guitar instrumental music project. This project helped construct a music label, recording studio, and YouTube channel that helps promote the best Brazilian artist in the community. His work was on exhibit in 2014 at the Brazilian Art Museum and is considered to be a display of Brazilian culture.

Source:  https://pt.wikipedia.org/wiki/Alexandre_Gama_(publicit%C3%A1rio)

Fabletics: A Different Take on the Athleisure Brand

Ever since Fabletics was started in 2013 by Kate Hudson in partnership with TechStyle Fashion Group (previously JustFab Inc.) the brand has exploded. Fabletics tackles competitors by studying consumer shopping trends and paying attention to what customers are looking for. Noting the prevalence and affordability of online retailers, savvy customers take advantage of opportunities to look outside of their region for variety and affordability.

 

 

Changing shopping trends aren’t lost on Fabletics. Competing against giant online retailers like Amazon, Kate Hudson understands that staying relevant means going the extra mile to meet her customers’ expectations. While many brick and mortar stores might lose business when customers come in to try on new styles but then search online for better prices, Fabletics recognizes and avoids that trend. Fabletics retains customers by using the reverse showroom technique. They seamlessly merge their in-store and online business, creating accounts for each customer that updates their online preferences based on what they try on in a store. Fabletics avoids losing customers who try on clothes in store by offering competitively priced athletic wear online. This approach retains customers who would be lost to bigger and pricier athleisure brands.

 

 

Hudson works tirelessly to keep Fabletics relevant and relatable by continually expanding her business (Fabletics launched a men’s activewear line in 2015), and switching out inventory in order to keep the best selling products readily available. Hudson ensures the brand stays personal by displaying her own athletic wear picks on Fabletics’ website, and even releasing a commercial that included footage she shot from her iphone.

 

 

Hudson explained some tips behind her success to CNBC. She keeps an eye out for marketing opportunities, which is evident in the brand’s versatility and willingness to try new things. She also stays close to her company’s progress, always reviewing trends and cutting inventory that doesn’t sell.

 

 

Hudson also keeps pace with technology’s advantages by utilizing a brief quiz for new members to identify style. This quiz, in turn, keeps Fabletics athletic apparel relevant despite customers’ changing preferences. Not likely to lose perspective despite the constant changes in fashion, Hudson keeps inspired by her mother’s (Goldie Hawn) pursuit of philanthropy. She is confident and willing to take risks, which have obviously paid off for the successful brand.

 

 

Are you curious to see how your preferences effect Fabletics’ recommendations for you? Take the Lifestyle Quiz on Fabletics website to discover your picks.