Paul Mampilly used to be a wealth manager for a hedge fund’s clients, but now he’s a newsletter author who tells people which stocks they should buy while at a low price, and which ones they avoid. Mampilly said recently that 2017 was one of the top years for investing, but 2018 may bring some changes. Some stocks like healthcare could suffer downturn, while stocks in the Internet of Things category could see an uptick. These stocks would be digital currency technology like blockchain, more disruptive app companies and companies based in robotics, artificial intelligence and smart technology. Mampilly even predicts self-driving vehicles may not be that far away.
Paul Mampilly has been known for seeing stock market events before they happen including predicting the rise of Facebook and Netflix, and predicting the dot-com and housing market crashes. While the wealthy clients may have been originally who he catered to, he left that life and came to Banyan Hill because this editorial website wanted to provide information that came at a premium but could be more affordable than most other newsletters. Plus Mampilly’s information can be trusted whereas most other newsletters claiming to have inside knowledge of stock trading usually are more concerned about making a profit instead of offering the right advice.
Paul Mampilly didn’t come from a wealthy family at all. Instead, he immigrated to the US from the UAE where his father had moved to from India to send young Paul to university. After graduating Montclair State University, Mampilly spent over 10 years in banking at ING, Deutsche Bank, Banker’s Trust, Sears and a private Swiss bank. In 2006 he joined Kinetics International Fund where he advised clients in alternative investments, and the company portfolio reported gains totaling over 40% in annual returns. As a result, Mampilly was able to raise the assets under management to $25 billion putting the firm on a feature page in Barron’s magazine.
In 2008, Paul Mampilly was invited to enter the Templeton Foundation investment competition, a year-long competition which would reward participants based on the returns their investment made. Mampilly picked a stock that grew in spite the recession and yielded a 76% gain to his $50 million investment. He left Wall Street and joined Banyan Hill in 2016. His first newsletter was “Profits Unlimited” which had its skeptics at first, but soon it grew to over 60,000 subscribers as word got around that his investment advice worked.
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