Paul Mampilly is an expert investor and contributor to Banyan Hill Publishing, and he has been a part of the finance and investing sector for more than 20 years. He earned his master’s degree in business administration from Fordham University and went to work for Bankers Trust as its assistant portfolio manager immediately afterwards. His talent for making money soon drew the attention of ING and Deutsche Bank and then Kinetics Asset Management where he increased their hedge fund as well as its assets to $25 billion. This caused Barron’s to call the fund one of the “World’s Best.” Since then, he has decided to move on from Wall Street and help everyday investors to become better investors. His newsletter, Profits Unlimited, has 90,000 subscribers who wait to hear his investment advice.
In a recent interview, Paul Mampilly talked about his deep understanding of Wall Street and how average investors don’t have this. He has managed trading desks and has been an analyst that continues to study his industry every day for many hours at a time. Mampilly has also revealed how the investment sector has changed as more and more computers are taking over for actual investors. This gives large investment banks an edge against the average investor, and this means that the average investor needs an ally on their side.
Paul Mampilly has also noticed how Exchange Traded Funds (ETFs) have become the new Mutual funds of today. ETFs have made it much more difficult for investors to figure out what stocks the professionals are choosing to buy. This means that investors can’t make quick buys before these professionals do, and this has made the stock market an even tougher challenge for average investors. To remedy a bit of this, Paul Mampilly has advised new investors to not put all of their money into any one stock. Instead, it would be best for them to spread out their investments. Another suggestion from Mampilly is that new investors should not buy a stock just because they feel good about it. It is best to wait until the market is down and then buy it at a bargain price.
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