Paul Mampilly’s achievements in the financial sector are an illustration of determination and hard work. He has gradually gone up the sector ranks to become a voice to reckon in the financial and investment world. Interestingly, Mampilly was born in India but later moved to the United States. Mampilly began his career as at Bankers Trust as an assistant portfolio manager. He served in this position diligently and acquired adequate experience to pursue other challenging tasks.
He later worked for prominent corporates such as Deutsche Bank, ING, and Royal Bank of Scotland where he was responsible for managing huge investments. He recorded impressive results and propelled the institutions to higher scales in the industry. The performance attracted the interest of owners of Kinetics Asset Management hedge fund. At inception, the hedge fund was valued at $6 billion.
Upon being appointed as the manager, Paul Mampilly immediately got down to business. Within a short period, the hedge fund assets increased to $25 billion. Also, the average annual returns were about 26 percent. The hedge fund became a household name in the market and was named as the “World’s Best” by Barron. Watch Paul Mampilly on Youtube.
Paul Mampilly now became a renowned entity on Wall Street. He also registered successful investments at a personal level. It was an indication of his natural ability to make informed financial decisions. Such successes propelled him into the natural limelight.
However, Mampilly was not contented with his achievements. He, therefore, resolved to assist average people in making sound financial decisions. It is a role he undertakes passionately through a variety of platforms which include writing and television. He began Profits Unlimited, a publication that recommends various financial decisions to average Americans. Besides, he is a regular contributor to the Winning Investor Daily, which is published by the Banyan Hill Publishers.
Today, the Profits Unlimited boasts of over 90,000 subscribers. It has become a reliable source of financial information for most people who do not have a good understanding of the investment world. It also breaks down other aspects that seem complicated for most people. For instance, he recently gave his opinion on cryptocurrencies, which have become very popular in the market.
Mampilly says that bitcoins are primarily an investment bubble which will crash soon. He, therefore, advises people to sell them while the returns are decent. Failure to do this will lead to massive losses as a considerable bubble comes unexpectedly. With his vast experience in the industry, Paul Mampilly’s voice is reliable.