If there is one thing that is common about people who live under some kind of oppression or tyranny, it is that they either don’t know how to stand up for themselves or believe that the situation is hopeless. The oppressor is often elevated to some kind of godlike status. He is either seen as infallible, invincible, or just overall superior. For bullies, the victims often endure it because of the perceived godlike status of the bully. Countries under tyrannical rule are similar, but it is done on a much larger scale than mere bullying. In both bullying and tyranny, it often takes an outside party to help the oppressed realize that they have a choice.
Fortunately, there are people that are trying to help the oppressed realize that there is something better. Thor Halvorssen is one of them. Thor is a human rights activist. He is the president of the Human Rights Foundation. He is also not afraid to get his hands dirty. He doesn’t just talk about issues. He also takes action. He is also one of the people that are changing the face of human rights activism. For a while, human rights activists have been seen as sad people who love humanity and yet hate people. Thor Halvorssen works differently. Click here to watch video.
Thor himself says that he loves people. This is one of the reasons that he stands up for the rights of others. He wants people to experience the freedom and equality that they were meant for. Thor works with an intensity that can match the tyrants that he deals with. Among the tyrants that he is taking on is North Korea’s Kim Dynasty. The stories of North Korean defectors are enough to sicken people. There are plenty of other countries that are filled with horrors and inhumane treatment of people.
Investment genius Warren Buffett has put wagered $1 million that he can make better investment returns than a group of hedge fund managers. Buffett will only be investing in an S&P 500 passive index fund. The bet will be decided this year and its expected Mr. Buffett will be the winner. Buffett’s winnings will be given to charity.
Buffett is a strong advocate for simple and low cost investments that are bought for a long term hold. Buffett is one who follows bottom-up-investing. Buffett has been successful at investing because of his rigorous analysis of companies and having a strong portfolio. Buffett has been delivering a message to the American people saying that they need to save more for retirement and to start investing and stay invested.
Buffett does not believe in passive index returns. He believes they do not provide any cushion against down markets. High management fees and excessive trading have caused mutual funds to have poor long-run returns. Buffett highlights the two ways investors can identify exceptional fund managers which include low expenses and high manager ownership. Warren Buffett believes it is key to find fund managers who outpace indexes on average.
Buffett points out that investors who put $10,000 in the S&P 500 40 years ago would bring in more than $500,000 today but the same amount put into five mutual funds from American Funds would bring in increasingly more wealth.
Tim Armour is the CEO of Capital Group. He has over 30 years of investment experience, all with Capital Group. He previously served as an equity investment analyst at Capital, where he covered global communications and American companies.
Armour received a bachelor’s degree in economics from Middlebury College and currently resides in Los Angeles. Armour says the post-Trump change in the markets is real and an era of faster economic growth and higher inflation is coming.