Paul Mampilly has always been one to find a great deal in making good investments, and he is currently showing audiences in middle class and blue collar backgrounds how to do it at his newsletters published through Banyan Hill. He explained that he started these newsletters because he felt these groups of people were ignored by Wall Street and could do better than what most experts were telling them. It didn’t take long before his subscribers found out just how well his investments were performing and soon his newsletter Profits Unlimited had over 60,000 followers. He’s had several focus areas he’s invested in according to Ideamensch.
First, Mampilly looks for trends involving the connections of the internet from finance, to automated technology and smart technology. Second, Mampilly says that millennials are an important piece of the investing puzzle because the kind of services they like are what disruptive technology companies are going to be bringing in the future. Mampilly also says that he has learned to adapt and find out what he could be wrong about because that allows him to broaden his perspective in investing and find something new.
Paul Mampilly was born in India but came to the US to get an education in finance. He later said he might have learned how to invest on his own had he known how much better he could have done for himself, but was pleased to work for the companies he did. He started at Deutsche Bank as a research assistant, but then moved to ING, Sears, Banker’s Trust, and Royal Bank of Scotland where he started managing big investments. He was then recruited by Kinetics International hedge fund to join their portfolio managers. He helped grow the client base and assets under management here all the way to $26 billion, and found investment paths that yielded over 26% in annual returns.
Mampilly made his biggest investment on Wall Street when he grew a $50 million fund to $76 million in just one year during the recession. But then he started making enough money that he retired at just over age 40. He began finding investments that few people saw coming into large profits that included CEMEX, Netflix, Facebook and Sarepta Therapeutics which grew from infancy stage to over 1,000% in stock gain in a short period, and Mampilly was happy to have capitalized on them. In addition to Extreme Fortune and Profits Unlimited, Mampilly is now putting together True Momentum, a 2017 newsletter.
Watch video on YouTube about buying stocks and Paul Mampilly’s advice.