It is possible to buy stocks and invest in your own way without needing a broker or wealth manager to do it, and that’s what Paul Mampilly devotes a lot of time to discussing in his newsletters. Mampilly is a longtime financial guru who became savvy at investing the way most people do through completing a formal education and working with investment firms. But he has said if he could do it another way, he would have learned how to buy stocks on his own and do what he’s showing his users how to do in the newsletters. So far many followers have reported the stocks they’ve bought have performed outstanding.https://ideamensch.com/paul-mampilly/
Paul Mampilly didn’t get to where he is easily. He had to work long hours while attending university at Montclair State University, but he was determined to make his dream of financial success come true. Once he completed his bachelor’s degree, he found an internship program at Deutsche Bank and became a research assistant. But he was so good at his job he started earning promotions right away. A few years into his banking tenure he became a portfolio advisor and would work for Sears, Banker’s Trust, ING and a major Swiss bank.
Mampilly was also investing in his own stocks on the side and also founded Capuchin Consulting. But in 2006 he was given the opportunity to join Kinetics International Fund, one of the top new hedge funds in New York. The firm started out with $6 billion in assets under management, but Mampilly was investing those assets in funds that made such high returns that in a short time the assets under management grew to $25 billion. Barron’s even named the firm as one of the best up and coming wealth management companies.
Mampilly won his biggest honor in 2009 when he took $50 million and turned it into $88 million in the investment competition hosted by the Templeton Foundation. It wasn’t just the investment alone that turned heads on Wall Street but the fact that he did it when the financial crisis was at its worst. While Mampilly was proud of his work, he decided to leave the Wall Street scene and focus on other things. But his newsletter have picked up thousands of devoted followers, and he still speaks on television outlets from time to time.