Category: Business Leader

Underestimating The Value Of Active Management Might Cost You A Comfortable Retirement

Warren Buffett utilizes a “bottom-up” investment strategy, pouring most of his analysis into reviewing companies based on specific criteria, and creating a portfolio that will endure for the long-term. His promotion of index-based, passively managed funds has become ubiquitous investment advice that is often taken at face value. It is true that actively traded funds often fail to beat indexed funds over time, usually due to being over-traded and requiring out-sized fees. What has not been discussed enough however, is the volatility that index funds can introduce to an investor’s portfolio. There are no protections in the event of a down market. The American economy has shown a historically long bull market, but markets can change – and fast!

Read more: Capital Group Parent Names Amour Chairman, Replacing Rothenberg

Beating the market over the long term is not random as some index gurus might tell you. Capital Group has managed to beat the market by 1.47% over its 86-year history. To ensure your portfolio is durable and will provide enough to ensure a comfortable retirement, look to two filters to make safe investments: low expenses and high manager ownership. A fund that the manager has the faith to invest his own money in is one that they will not want to see fail.

Timothy Armour is Chairman and Equity Portfolio Manager of Capital Group Companies. He came to the company in 1983 after completing his education at Middlebury College, receiving a bachelor’s degree in economics. After starting in the Associates Program at Capital, he is now a 34-year veteran in fund management and equity investment.

Like Tim Armour on Facebook.

Anthony Petrello, The Man Behind The Success Of Nabors Industries

Nabors Industries, Ltd. is a Hamilton-based company with operational headquarter in Houston, Texas. At the moment, Nabors Industries, Ltd is the biggest oil & gas drilling contractor in the world. The company was founded with the name Anglo Energy, Ltd in 1968. Later, the name was changed to Nabors Industries, Ltd., and today it has transformed into the biggest company in oil & gas sector. It is operating in worldwide regions like the Far East, East Africa, and the Middle East.

Anthony Petrello is the current head of Nabors Industries, Ltd. He has a great role in the transformation of the company into an oil & gas giant. He holds various positions in the company. Petrello is the President, Chief Executive Officer, Chairman of the Executive Committee, and Chairman of the Board. It is believed that without Anthony Petrello, Nabors Industries would not be what it is today.

Read more articles about Nabor Industries.

Petrello’s has a great academic background. He is a graduate of two prestigious American universities. From Yale University, he acquired B.S. and M.S. degrees in the Mathematics. From Harvard Law School, he completed a J.D. degree. His professional career began in 1979 when Tony Petrello joined Baker & McKenzie — a famous law firm. His performance and devotion to the profession were impressive. The company’s top management promoted him to Managing Partner for their New Work Office where she worked for five years. It was 1991 when Anthony Petrello joined Nabors Industries, Ltd as Chief Operating Officer. Just after one year, he was promoted to President. He worked as the Deputy Chairman of the company from 2003 to 2012. The same year, he became Chief Executive Officer. After some time, he was elected as the Chairman of the Board. Besides working with Nabors Industries, Petrello is also the Director of Texas Children’s Hospital and Steward & Stevenson.

Anthony Petrello’s family life is quite different from his professional life. He has one child, a daughter named Carena. She was a premature baby who later developed the problem Periventricular Leukomalacia. The problem was expected to occur due to not enough supply of blood and oxygen to the brain. Despite great care by her parents, Carena developed Cerebral Palsy which resulted in developmental issues. The tragedy motivated Petrello and his wife to find a cure for the disease. The couple donated a huge amount of five million dollars to the Texas Children’s Hospital, and they actively raise funds for the hospital too.

Learn more about Anthony Petrello at http://www.thedailybeast.com/articles/2014/05/30/my-college-roommate-is-now-the-richest-ceo-in-america.html

Troy McQuagge: A Role Model To Leaders Today

Every human being needs some form of motivation and inspiration in order to keep doing their best. We get tired of doing the same thing and although we are paid to do it we still need some form of appreciation. In most organizations today employers are working day and night to come up with the right forms of motivations to give their employees. This happens so much that they forget the executives also need to be motivated in order to keep leading and guiding the companies. One Planet Award, is a program that recognizes and rewards chief executives and companies that are doing well in the industry.

 

 

USHealth Group, chief executive officer, Mr Troy McQuagge scooped the best CEO of 2016. The One Planet Award recognized his ambition, commitment and desire to keep achieving and leading his company into greatness. He has helped the company come up with innovative ways to help their clients who are mainly low income earners and start-ups to get a medical cover.

 

 

While asked to speak after the award, he truly inspires his team and the millions of people listening to him. He attributes his success and dedicates his award to his company. He firmly assures the public that his team did it and that he was only a part of the greatness that his team was involved in. the brilliance response and the little gestures that he gives his employees are some of the things that are greatly appreciated by his team, which many employers should pay attention to.

 

 

McQuagge’s leadership style has always been admired by millions of entrepreneurs. He uses his great interpersonal skills to motivate his team to get things done. He has pushed his team towards innovation, outstanding performance and corporate social responsibility. at USHealth and other companies he has worked previously, he has been known to breaking records in sales revenues year after year.

 

 

About Troy McQuagge

 

 

McQuagge has been in the insurance industry for more than thirty years. In all these years, he has acquired an extensive knowledge in insurance and leadership which makes him a well sought after leader. He worked at Health Market, as the president of agency marketing and helped the company reach $1 billion in sales. he also worked with the Student Insurance Companies Inc as the vice president.

 

 

He joined USHealth in 2010 and was promoted to vice president in 2013. He was sought to work for USHealth for his extensive knowledge on agency and insurance. The leaders at USHealth expressed their interest and firm believe in him and his work. Since he got in the company, he continues to break record after record every year. His excellent performance van be attributed to his B.A degree and compelling interest in what he does.