Things Ideamensch Learned About Investor Paul Mampilly

Paul Mampilly loves to share his viewpoints on the market and show investors how they can run their own portfolios without needing a broker which is what his newsletters are all about. He’s the author of “Profits Unlimited” and “True Momentum” which provide tips on various stocks to investors and offers insights to the markets.

Mampilly was interviewed by Ideamensch who he told about spending time throughout his day reading and watching market news as he updates his portfolio for his followers. He said one thing that’s helped him become successful over the years is looking at other viewpoints and figuring out where he could be wrong in order to do better.

Mampilly has been a professional investor for over 20 years and has a degree from Fordham, though he later said if he were to go back and do it over again he would probably skip college to become a self-taught investor. The bank he began at was Deutsche Bank, and he moved up the ladder in banking several times from researcher to portfolio advisor. He went from banking to hedge funds and joined one of the fastest-growing hedge funds at the time, Kinetics International Fund. Paul Mampilly grew this firm’s AUM dramatically from $6 billion to $25 billion and investors even saw returns of over 26% annually.

Paul Mampilly was the top winner of the Templeton Foundation’s investment competition in 2008 for turning an investment at the height of the financial crisis into a 76% gain. A few years later Mampilly had earned enough to retire and did, though in reality it was the next step towards helping people in a way he felt Wall Street didn’t. He became a private investor who focused on startup company stocks and his biggest investment was Sarepta Therapeutics whose stock turned into a hefty gain in a short time. He also was an early investor in Netflix, CEMEX and Facebook. He became a publisher for Banyan Hill in 2016 when he wrote “Profits Unlimited.” That newsletter generated a large following of over 60,000 very quickly. Even more investors are slated to join the “True Momentum” subscriber list.

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