Paul Mampilly is an independent investing consultant who writes newsletters about what stocks are good to buy, and which ones you should avoid. He recently told Forex Report that investors need to be wary of healthcare stocks dropping and buying them because Amazon plans to become a player in the healthcare industry. What will happen is their new methods of putting medications on their marketplace is likely to impact sales for mainstream drug stores and their pharmaceutical partners. But a big part of it will be new light shed on the sales process and that the “middlemen” who’ve made exorbitant profits over the years will see this halt.
Bitcoin is up an astonishing 1,172% in the last 12 months, hitting a high of more than $11,000.
— Paul Mampilly (@Paul_M_Guru) November 30, 2017
Paul Mampilly is Indian born but moved to the US in 1991 to attend college. He wasn’t making millions investing initially, but instead started out at a gas station and cafeteria doing the dirty work. After he finished his bachelor’s at Montclair State University, he found a job as a research analyst at Deutsche Bank. It was there that he started discovered better ways to invest money than what most other advisors were looking at. Mampilly started earning promotions, and in the next several years had worked for Banker’s Trust, ING and Royal Bank of Scotland.
Mampilly was also the founder of Capuchin Consulting in 2003, and then three years later was offered a management position at Kinetics International Fund, a big hedge fund company. Mampilly had become quite an adept investor by then that he helped the firm find funds that yielded as high as 20℅ returns. The hedge fund grew in assets under management so rapidly that Barron’s noted it as one of the top companies of its day.
Mampilly was finding so many stocks that were growing that the Templeton Foundation invited him to be a contestant in their investment competition. It was held during the recession period of 2008, but Mampilly still managed to turn $50 million into $88 million. Mampilly also happened to find stocks in Sarepta Therapeutics, Netflix and CEMEX that went from early stage to making gains of over 300℅. Mampilly decided to quit the banking and hedge fund scene at only age 42 and looked at other ways he could help middle class Americans. He chose Banyan Hill Publishing since they valued transparency and making financial information easy to understand. His main newsletter, “Profits Unlimited” reached 60,000 subscribers almost overnight.
About Paul Mampilly: www.facebook.com/PaulMampillyGuru/