Mr. Mampilly began his career on Wall Street in 1991. He started out working at Bankers Trust as an assistant portfolio manager. He rose quickly through the ranks and was managing multimillion dollar accounts at ING and Deutsche Bank. He was recruited to Kinetics Asset Management in 2006 to handle the hedge fund of the six billion dollar firm.
Once Paul Mampilly was on board, profits rose to 25 billion dollars, and Kinetics Asset Managment was named one of the world’s best hedge fund management companies. During the 2008 to 2009 financial crisis, Mr. Mampilly was invited to participate in an investment competition that was sponsored by the Templeton Foundation. Not only did Mr. Mampilly exceed the initially $50 million dollar investment, but he also turned in into an $88 million dollar investment, all during the financial crisis.
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Mr. Paul Mampilly phased out of Wall Street and now dedicated his time to helping ordinary people save for retirement and make money on their investments. He founded Profits Unlimited and Extreme Fortunes to reach more individuals who need financing help. He researches stocks extensively before he recommends them to anyone, typically putting 30 or 40 hours into one stock option. Paul Mampilly also makes sure to write at a level that makes it easy for everyone to understand, and includes reasons why a specific stock would work well for certain individuals.
Paul Mampilly is very excited about the Internet of Things and believes that this will become a major factor in finances and how people do business. Machines will do things that people can’t, and this will make a huge difference on how businesses are run. He also likes to keep track of millennials, because this generation is going to be taking over very soon and they are over 90 million active individuals.
Mr. Mampilly is living proof that you’re never too old to change your career. Branching out and trying new ventures will always bring some reward, and keeping track of current trends are how you stay ahead of the curve.
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