Paul Mampilly armed himself with a strong education background to build a successful career in the finance world. He started his career at Bankers Trust serving as an assistant portfolio manager in 1991. He went on to hold prestigious positions in prominent companies including Deutsche Bank and ING. After laying enough foundation to his working career, Kinetics Asset Management hired Paul Mampilly to head its hedge fund. He helped the company to grow its assets to $25 billion.
Paul Mampilly embarked on a new journey and moved from the Wall Street to the Main Street. It takes pleasure in helping Main Street people make money and accumulate wealth. The success in what he does has led to being featured frequently on CNBC, Bloomberg TV, and Fox Business News. Over 90,000 people have signed up for Mr. Mampilly’s newsletter called Profits Unlimited which features new investment opportunities every month. Mampilly maanges Extreme Fortunes and True Momentum. He also writes a Winning Investor Daily’s weekly column.
Mamapilly as an authority in the industry
Paul Mampilly prides himself of a track record of helping ordinary citizens to make money. He leverages his business experience in the Wall Street to educate people on what goes in behind the scenes of Wall Street. He breaks down complex issues in Wall Street for his followers. He likes reading and watching stock and market trends.
Mistakes people when investing in stocks for the first time
According to Paul Mampilly, it is not a good to go all in on one stock. You stand to lose everything just in case the outcome don’t turn out to your expectations. Additionally, he advises beginners not to stake all their money for the first time because you risk going back to the drawing board just in case the stock doesn’t go the way you expected. Furthermore, if you invest in stocks while feeling good, chances are you won’t pay attention to the market and you’re likely to make a bad investment decision.
How the stock market has changed over the last 20 years
Paul Mampilly says that the introduction of computers has changed how investments are being done. What used to be done by humans can now be handled using algorithms, trading robots and artificial intelligence.