Paul Mampilly is a research and investment specialist with over 20 years work experience on Wall Street. He worked with clients like Deutsche Bank, ING and Kinetics International. Mampilly kicked-off his career on Wall Street close to 30 years ago at Bankers Trust, serving as assistance portfolio manager. Paul’s potential earned him a position at Deutsche Bank and later at ING. He served as an analyst for the two firms. Later, he became the money manager for Swiss Bank, Bank of Scotland and Sears.
In 2006, Paul Mampilly was hired by Kinetics Asset Management to manage its hedge fund. During Paul’s tenure, the company’s assets increased rapidly to $25 billion, and it was recognized by Barron’s for averaging annual returns of 26 percent. Paul Mampilly was given the chance to participate in an investment competition organized by the Templeton Foundation. With an initial investment of $50 million, Paul was able to grow that investment to $88 million in one year. He achieved this during the global financial crisis of 2008 and 2009.
After enjoying a successful career as an investor on Wall Street, Mampilly was tired of assisting ultra rich to earn more money, and he decided to retire. However, he did not quit the industry entirely, but he decided to help common individuals earn more money from their investments. To achieve this great idea Paul decided to create Profits Unlimited, a popular newsletter providing guidance to regular Americans on ways of investing their money. His plans was to help individuals understand the world of investment so that they get clear impression where to invest and earn better returns.
Paul Mampilly believes working on Wall Street is full of pressure because of the complexity of transactions worth billions of dollars. He explained that making the right decision makes one a hero, but mistakes reduces one to zero. Although he quit Wall Street, he is still committed to provide investment advice to common individuals. Currently, Profits Unlimited has a membership subscription of 60,000, making it the fastest growing newsletter in the industry. Paul also founded Extreme Fortunes and True Momentum. All his newsletters are published by Banyan Hill.
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