The Connection Between Daily Life and Investing
For those unaware, investing plays a crucial role in people’s lives. Moreover, investing remains at the center of a person’s decision making. Whether they like it or not, people invest everyday. A perfect example includes taking a shower. Doing so would mean that they invested in their hygiene. Another example includes going to the gym. Doing so would mean that they invested and their health. Moreover, the list continues. With that being said, few people possess the ability to make rational financial investments. However, it still remains possible. A perfect example includes Warren Buffett and Timothy Armour. For those unaware, Warren Buffett remains a prominent figure in the investment community. Moreover, his talent for investing has captivated millions of businesspeople worldwide. As a result, he has garnered numerous awards and accolades.
For over a half of a century, Warren Buffett has dedicated his life to investing. In addition, he has stuck with his initial investment strategy. On an annual basis, it remains common to find Warren Buffett in Forbes. Aside from Warren Buffett, only very few people know how to make high-risk investments. Recently, Buffett gained national attention when he challenged a group of hedge fund managers. During the competition, Buffet stated that he will give $1 million dollars to charity if he failed to achieve a higher return on his investment. Considering this remain conventional wisdom, Buffett won the competition.
Similar to Buffett, Timothy Armour also remains a prominent figure in the investment community.Throughout his life, he knew that investing was something that he admired dearly. Moreover, he works as the chairman of Capital Group. Due to such hard work and a desire to succeed, Timothy Armour worked his way up the corporate ladder. For over 32 years, Armour dedicated his life to the well-being of his company. Moreover, his hard work did not go unnoticed. So far, the results remain favorable. In a nutshell, Armour remains an inspiration to all upcoming investors.