Paul Mampilly studies a lot of industry news and developments because they affect his investment decisions. He has made news predicting where stocks will go and shares his secrets in his newsletters, and he’s recently remarked about tech investments and what millennials have to do with them. Mampilly has taken a look at how millennials shop and how technology that appeals to them is often important in the marke, and he even seized on it nearly 10 years ago when he bought Facebook and Netflix stocks, both of which returned high profits. Mampilly says that as the technology age progresses, the “internet inter-connectivity” is going to be another big investment as automated technology becomes used in bridging systems together, and Twitter.com.
Paul Mampilly’s first step into investing came through banking. He moved to the US in 1991 and enrolled at Montclair State University where he graduated with a bachelor’s in economics and finance, and then became a credit research analyst at Deutsche Bank. He moved around from several big banks where he became one of the savviest portfolio managers at the time. The work he did at ING, Sears, Banker’s Trust and Capuchin Consulting helped him earn a big job as an advisor for Kinetics International Fund.
Kinetics International Fund was a new hedge fund when Mampilly joined it with $6 billion in AUM at inception, but the job Mampilly did helped grow that number to $25 billion. Clients were amazed to see investments making as high as 20% annually in the funds they were allocated in, and the firm soon became the talk of Barron’s journal. In 2008, the Templeton Foundation decided to host an investment competition featuring some of Wall Street’s finest investors, and Mampilly was invited to join. Mampilly won this competition by making an 88% gain on $50 million and doing so when the subprime mortgage crisis was at its worst.
The Auto Industry Is About to Completely Change.#AutonomousVehicles #AutonomousCars #Waymo #driverlesscars #technology #ridesharing #banyanhill #Automotive #Automotive $F $GM $FCAUhttps://t.co/zzn3rNnpRd
— Paul Mampilly(@Paul_M_Guru) November 9, 2017
Mampilly began to feel an interest in independent advisory through newsletter writing sometime after winning the competition, and he felt it gave him more flexibility to help people on Main Street as well as spend time with family. His current newsletters which have done well in excess of 60,000 subscribers include “Extreme Fortunes.” “Profits Unlimited” and “True Momentum,” all of which are available at Banyan Hill. The idea behind these newsletters is to show investors how they can buy stocks without needing a firm, and to find their own sources of advice, and learn more about Paul Mampilly.