Paul Mampilly is an investment expert who has found a worthwhile way to reach the people he hopes to help. Within the last few years, he has teamed up with Banyan Hill Publishing in order to educate beginning, intermediate, and expert investors, alike. In order to do so, he has started up his own newsletter named Profits Unlimited. His newsletter now has more than 90,000 subscribers who look forward to his 8-page updates. He also writes for the Winning Investor Daily, which is another publication put out by Banyan Hill.
Paul Mampilly was born in India, but he came to the United States in order to live a better life. He received his bachelor’s degree in finance and accounting while studying at Montclair State University. He went on to graduate from Fordham Gabelli School of Business, where he earned his MBA. He first went to work for Bankers Trust in 1993 and served with the company as an assistant portfolio manager. He eventually was promoted and worked for the company after as its senior portfolio manager.
Paul Mampilly also worked with Deutsche Bank, ING, and Kinetics Asset Management. He was able to earn billions of dollars for these firms but began to become tired of Wall Street shortly after. Instead of making more money for the ultra wealthy, he began to desire to help out the little guy. He is now semi-retired and chooses to do the work he does today.
Paul Mampilly wants beginning investors to know that one of the biggest mistakes they can make is to risk all of their money on one stock or investment. He has commented in interviews that it is also a mistake to risk a large part of a portfolio on any one investment. Paul Mampilly has seen a lot of changes in the investment world over the years, but the biggest change has to do with how large companies trade. Instead of relying on human analysts and investors like they have done in the past, they now use computers, robots, and trading algorithms. Mampilly wants to even the odds out by helping to educate today’s investors.