EOS is now a brand that people look for when they need a reliable, fun lip balm. The brand is more popular than Chapstick, and sells more tubes of balms per-week than the once number one lip balm brand in the country. What makes the story more exciting is the length of time EOS has been around. They’ve accomplished great things in just seven short years’ time. It isn’t every day that you hear about a company that did so much in such a short span of time. EOS did great things, and they plan to continue that trend for a long time to come.
But, many wonder exactly how EOS lip balm could do something so great in this short time. It is hard to get your name out there in today’s massive beauty care industry, much less become a top-selling brand. EOS didn’t pull any strings or use tricks, but they did pay attention, and they did listen to consumers. They heard what these people wanted, and worked hard to create that product for them. They did pretty well, considering the position they’re at now.
EOS, short for Evolution of Smooth, created a lip balm that brought the change people were looking for. There are eight fun EOS flavors to choose from, each made with organic, all-natural ingredients. The low-cost orb shells are fun and trendy, and the balm works wonderfully, at a price of less than $4 on Walmart and Target. EOS outdid Chapstick, and may have even outdone them, too.
When Tim graduated from renowned Middlebury College, he faced a problem. He could either continue his education at a West Coast investment group or go to Florida to run a windsurf shop. As he loved to windsurf but didn’t want to turn down a more rational job, he asked his asset manager whether he can postpone the traineeship until next year. He unwillingly was given nine months, and he went to the Sanibel beaches.
Since 2015 he has been chief executive and chairman of the investment company, Capital Group, in which he worked three decades ago: This Company is the oldest and biggest in the whole world, with more than US$1.5tn of assets. Conventional asset managers face a battle against passive investing. Even Capital Group, the best-regarded player of this industry, has felt the ground shift beneath its feet. In 2007 its biggest mutual fund was Growth Fund of America.
Read more: Capital Group Board Elects Timothy Armour as Chairman
Tim Armour with former chief Jon B Lovelace worked together to build this company that once started by his father into a mutual fund industry leader. Tim has even taken on Warren Buffett, whose newest letter to Berkshire shareholders exhorted the readers to put money into economic index funds. In the letter, Tim said that we agree that an average investment manager doesn’t outpace market over significant time horizons.
However, Buffett along with few others and acknowledge that there should be some exceptions. He also added that when people are comparing the mutual fund to passive returns, they are usually comparing oranges and apples so we should simplify things for their better understanding.
Learn more about Tim Armour at http://citywireselector.com/manager/timothy-d-armour/d24059