Paul Mampilly is a popular writer at Banyan Hill Publishing, a financial trends news organization who also provides premium content on investment advice. He spent his professional career as an investment banking advisor and a hedge fund portfolio manager on Wall Street before retiring at 42. He spoke to Ideamensch once on what he learned in his time on Wall Street, why he left and what he might have done differently if given another chance.
Paul Mampilly said he certainly valued the information he gleaned while pursuing his bachelor’s degree in finance at Montclair State University, and later when he was researching investments at the banks. He said he certainly learned from listening to clients needs, his superiors, and studying the markets how to form his current investment system. But he said he would have rather done his own independent research right from the beginning and built wealth through his own stock buying. He said he left the large paycheck on Wall Street because the services offered there limited to the elites and didn’t help hard-working people like the family he grew up in. What Banyan Hill allows him to do is write on his own time and publish premium information that’s much more affordable than what most big name insider news outlets publish.
Paul Mampilly came to the US back in the late 1980s and completed his bachelor’s degree in 1991. His banking career was spent at three major banks in Deutsche Bank, ING and Banker’s trust. He became a hedge fund managing director when he joined Kinetics International Fund in 2006 and brought about high growth when he directed client funds into investments that made over 40% in annual returns. The firm saw its AUM grow from $6 billion to $25 billion in a short time. In 2008, Mampilly decided to enter the Templeton Foundation’s investment competition, and with $50 million he found good stocks that yielded 76% amidst the toughest time of the recession, and Mampilly never once shorted stocks.
Paul Mampilly first started picking out notable stocks when he bought Facebook stocks in their early phase, and he also grabbed Netflix stocks in 2008 stating that the future of video streaming would make them very profitable. Other stocks that Mampilly has bought include OLED Universal Display Corporation, Stratasys, and Sarepta Therapeutics. He explains in his newsletters how you can build your own portfolio without needing to go through the mainstream wealth management firms or using the traditional brokers. His newsletters have amassed hundreds of thousands of followers who’ve reported high gains in their stocks.
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