Paul Mampilly has created his own space in the American investment management industry with his deep insights and excellent knowledge of markets and products. Currently, he concentrates on investment publishing industry and helped many thousands to generate quality wealth with his tips and insights. As the Founder of the famous Banyan Hill Publishing’s investment newsletter, Profits Unlimited, Mampilly captured the stature of a great wealth generator in a quick span of time. He identifies the innovative companies in different sectors, performs the ground works to identify the potential and recommends it to his readers before others start pitching into it.
Interestingly, the newsletter has large subscriber base though it was started in 2016. As of September 2017, Profits Unlimited has nearly 60,000 subscribers – a number that is unimaginable for an investment newsletter in just one year. Through the newsletter, Mampilly explains his findings and tips in the simplest way which can easily be understood by even first-time investors. Unlike other analysts, Mampilly empowers his readers by teaching them to become better investors. He also uses his social media channels to connect with people and give them smart tips on converting their savings to significant wealth. Especially, through his Facebook page, Mampilly connects with people and helps them manage their finance better.
Recently, Mampilly gave an interesting observation about cryptocurrencies, especially in the wake of surging prices. He says that the new digital currencies are a massive bubble and are bearing high-risk factor. He thinks that the highly volatile nature of the digital currency coupled with a number of key challenges creates uncertainty in the future of cryptocurrencies. Due to that reason, Mampilly did not recommend it as an investment option to any of his subscribers. While coming to the investment recommendations by him in 2018, he advises that financial, medical, and energy stocks can provide long-term growths.
Mampilly confirms that the previously recommended technologies like the Internet of Things, financial technology, new energy sources, and wearable medical devices are expected to provide greater results in 2016 as well. Among these technologies, he sees far better opportunities for the IoT as the industry is expected to grow at an average rate of 16.9% per year until 2020. Paul Mampilly completed his schooling at the Indian High School, Dubai, and did his university education from New York University and Fordham Gabelli School of Business.
He worked in the financial sector for almost two decades and entered into the financial publishing industry. Mampilly is the founder of Capuchin Consulting, a management consulting firm based in New York. It offers unique wealth making ideas to professional investors. He established the firm in 2013 and produced efficient results since that year. In 2009, Mampilly won the investment competition conducted by Templeton Foundation for converting $50 million to $88 million with his smart investments.