After graduating with an MBA from Fordham University, Paul Mampilly set out to work in the finance industry. He worked for Bankers Trust beginning in 1991 before moving on to ING and Kinetics Assest Management where he had a great deal of success in growing the assets of the that hedge fund.
After spending many years on Wall Street, Paul Mampilly grew tired of making money only for those who already had plenty. He wanted to move on and find a way to help the average investor achieve financial and investing success. Read more about Paul on Interview.net.
In 2016, Mr. Mampilly came on board with Banyan Hill Publishing. He writes a monthly newsletter called Profits Unlimited. This newsletter supplies information to investors regarding the best stocks currently on the market.
Recently, Paul Mampilly was interviewed on a podcast hosted by Eric Dye. During the course of that interview, Eric Dye questioned Mr. Mampilly regarding his success and the current state of stock market investing.
Mr. Mampilly stated that he is able to help investors because of his experience and the amount of research that he conducts. Mr. Mampilly was a stock trader managing multi-million dollar portfolios. He knows how the market operates. Mr. Mampilly also emphasized that he reads and engages in research for as much as 12 to 14 hours per day.
Paul Mampilly told Eric Dye that there have been significant changes in the market over the years. Once, mutual funds were the dominant investment vehicle. Now, investors favor ETFs. According to Mr. Mampilly, it is much harder to make money in today’s stock market than it was when he was first starting out as a fund manager.
At the close of the interview, Paul Mampilly was asked about some advice that he might give the the average investor. He was asked about what mistakes they could avoid. Mr. Mampilly stated that the main mistake the average investor makes is that he often puts all his money into a single stock. If that stock tanks, all the investor’s money is gone.
Another mistake is that an investor will have a few stocks, but the investor will have too much money concentrated in one stock. According to Mr. Mampilly, it is best to have a diversified portfolio with a fairly equal balance of one’s funds distributed among the different stocks in the portfolio. View: https://www.dailyforexreport.com/paul-mampilly-struck-gold/