For several years investor Paul Mampilly worked on Wall Street in New York City. His career on Wall Street began at Bankers Trust where he was an assistant portfolio manager. In time he worked his way up the ladder and had higher level positions, such as Kinetics Asset Management where he successfully managed their hedge fund. Over time he grew disillusioned with Wall Street and its focus on building up the fortunes of people who were already extremely rich. The naked greed on Wall Street eventually got to him and so he retired.
— Paul Mampilly (@Paul_M_Guru) August 31, 2017
Paul Mampilly now writes and publishes a financial newsletter. This newsletter, Profits Unlimited, is written with the express purpose of helping regular investors save for retirement or other financial goals. He offers his advice on what will be the next company to invest in as it is on the cusp of growing its profits. He also provides tips such as how to invest. He wants people to know where they should be investing their money and how so that they will achieve financial success.
It’s the fees on Wall Street that Paul Mampilly thinks is one of the main problems regular investors have when trying to build their net worth. He says that there are always middlemen who seek to take as much of investors money as they can get away with. He also has said that he thinks the markets really are rigged against average investors. Insiders on Wall Street have access to information that others simply have no way of knowing. That’s why it’s his goal with Profits Unlimited to supply this information to people so that they can avoid fees as much as possible and have access to the information they need to make informed decisions.
As for his investing style, Paul Mampilly believes in keeping things simple. Complication is the enemy of successfully investing. He says that he follows some basic principals about when to buy and sell stocks that enable him to be in control of his investments. He has a plan of action that he follows whenever the market starts to swing so that beforehand he already knows how to react. This keeps him from having to make spur of the moment decisions, which can and will often be wrong when a plan isn’t in place.
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