Paul Mampilly is a popular investor guru and a former manager of the hedge fund. Paul is the founder of a well-known investment newsletter called Profits Unlimited. In this newsletter, he utilizes his knowledge, experience, and skills to guide over 90,000 of his subscribers into the stocks expected to shoot higher. Previously, Paul also managed finances for Sears, a private Swiss bank and the Royal Bank of Scotland. Paul Mampilly has been featured on Bloomberg TV, CNBC and Fox Business News. View Paul’s profile on Linkedin.
Paul Mampilly has written a lot about stocks especially with new technologies and apps that emerge, and one of the articles he has published at Banyan Hill is on Bitcoin. He admitted that when Bitcoin was entering the market a couple of years ago, it was a good investment at that time, but currently, he is saying that you should probably avoid it as an investor. The reason Paul recommends investors not to purchase Bitcoin stocks is due to its high popularity that drove the prices of stock much higher than it ought to have gone. Mampilly noted that the DotCom bubble followed the same trend in 1999 followed by the housing market back in 2008. While the price of Bitcoin is not anticipated to happen at a fast boom pace, the flop seems to be an inevitable conclusion.
Paul Mampilly’s investment advice is not only trusted because of his long-standing resume of managing significant investments for prosperous clients but also due to his long record of correctly predicting how some firms would perform in the future. Paul came to the United States in the late 80’s and joined Montclair State University, where he studied economics and finance and also attained his MBA from the Fordham University. Mampilly started portfolio management in 1991 at Deutsche Bank where he worked as a research assistant. He became so skilled in predicting where different markets were going and it landed him senior management positions in a couple of other big banks.
Paul reached the highest level in his career when he got an appointment with the Kinetics International Fund executive board. He assisted in raising the assets of the hedge fund from 6 billion dollars to 25 billion dollars and the firm was recognized by the Barron’s as one of the fast-growing hedge funds with almost 43% in returns. In 2008, Paul Mampilly participated and emerged the winner of Templeton Foundation investment after investing stocks amounting to $50 million which later turned $76 million despite the economic crisis being at its peak. View: https://www.dailyforexreport.com/paul-mampilly-struck-gold/