Paul Mampilly is a native of India who followed his entrepreneurial father to Dubai in search for greener pastures before coming into the United States to attend college at 18 years of age. He would end up as a Wall Street trader and a portfolio manager before quitting after two decades and taking it to the main street. Today, Paul offers advice to the average American hoping to make a fortune in the money markets. But why should the average American trust his investment advice or react to his business forecasts about industry trends?
He has made a fortune from this trade
Paul Mampilly has over two decades of experience in stock markets within Wall Street and close to a decade in the main street. Apart from his business experience, he has amassed a fortune from the investments he has made public. It is estimated that he has made cumulative gains of 6,220 percent from investments in the technology and consumable industries. His investment strategies that he used in accosting these investments publicly available in online articles and journals he published at the time.
He called out major market turns
Paul Mampilly foresaw the last two market turns and made his revelations public. In 1999, he called out the technological craze as a bubble after seeing that several companies reported over 1000 percent increase in stock value. He would warn about this and even sell all his stocks moments before the bubble burst. Similarly, he expressed confidence in the market recovery in 2009 and even entered a stock competition hosted by Templeton Foundation where he emerged winner with a 76% gain and more than 30 million in returns in his financial investment.
Courageous and bold warnings
In 2017 when cryptocurrencies reported unprecedented growth with Ethereum reporting over 13,000% gains in less than 12 months, Paul Mampilly was among the first to call out the craze, terming it a bubble. He would, however, face harsh criticism from his peers. Most attributed his own opinions towards the fact that he didn’t buy these digital currencies early. This new market would, however, turn around and report trading lows that some of the digital currencies haven’t been able to recover from ever since.