Prominent American investor Paul Mampilly was born in India. He moved to the United States at the age of 18. While he was growing up in India, he was attracted to something he noted from his father. The government of India was in huge debt and was struggling to repay. It decided to take loans from its citizens to later repay them at 18 returns every year for the next 30 years. His father was one of the people who gave a loan to the government. For the next 30 years, he was earning handsomely from the investment he made through the loan to the government. Paul Mampilly was pleased by the type of investment. This scenario has influenced who he is today.
When he arrived in the United States, he took a degree in finance and accounting from the Montclair state university. He then joined Fordham University for MBA. He also pursued other courses IN New York before starting his career in the investment industry. Paul Mampilly joined the industry in 1991 as an assistant portfolio manager for Bankers Trust. He worked for a few years under this organization before he moved to other companies. He worked for ING and the Royal Bank of Scotland. He progressed quickly and was hired as a hedge fund manager of Kinetics Asset Management. This is a leading firm in the industry which managed to be the top hedge fund under his management. The company was making an average of 26% annually. Read This Article for more info.
Paul Mampilly start continued to shine as he won the award of the best trader in 2009 under the Templeton Foundation Awards. He managed to make a 76% return on investment under strict money management rule plus the economic depression of 2009. His achievement was something adorable.
After the success which he had registered in the Wall Street, he decided to change the course. He left Wall Street and decided to concentrate on people who are not making much from the investment industry. He was concerned that a higher number of Americans had decided to keep away from the markets because they could not be profitable on their own. With the experience and knowledge gathered from Wall Street. This was the opportunity he needed to help the majority.
He joined Banyan Hill Publishing and started publishing a newsletter known to as Profits Unlimited. Profits Unlimited is today the fastest growing investment newsletter in the country. Through this channel, he is giving recommendations of the best investment opportunities for every investor.
There’s little chance of a crash right now.
— Paul Mampilly (@Paul_M_Guru) February 9, 2018