Besides Paul Mampilly being an investor, he is also a hedge fund manager. On several occasions, Paul has featured on Bloomberg, Fox Business News, and CNBC.
He co-founded Profits Unlimited, a popular investment newsletter where he employs his experience gained while in the Wall Street to lead his over 90,000 subscribers into stocks estimated to shoot higher.
Paul was born in India and came to U.S as a young man and speedily joined the ranks on Wall Street. He started his career at Bankers Trust where he served as the Portfolio manager in 1991. He quickly ascended to eminent roles managing multi million dollar accounts for ING and Deutsche Bank. Moreover, he has managed money for Sears, a private Swiss bank and Royal Bank of Scotland.
Follow Paul Mampilly on LinkedIn
Eventually, the owners of Kinetics Asset Management, a $6 billion hedge fund recruited Mr. Mampilly as its manager. The firm’s assets quickly rose to $25 billion under the leadership of Paul Mampilly. For this reason, the firm was named as one of the best hedge funds in the world by Barron’s for averaging 26% annual returns. Paul was named as one of the participants in a prestigious investment competition organized by Templeton Foundation. Mr. Mampilly managed to generate about 76% return with a starting investment of $50 million growing it to $88 million. He achieved this feat during the 2008 and 209 economic crisis when the market was crashing, and he managed this without shorting stocks.
Paul Mampilly has a very outstanding track record in his investment account. In 2012, he invested in Sarepta Therapeutics when it was still in its initial phase of producing a drug to treat muscular dystrophy. Almost a year later, he sold for more than 25,000 per cent profit. In 2008 he saw the vision of television shifting to online streaming and immediately invested in Netflix. In May of 2010, he sold for a profit of over 600 per cent. Paul Mampilly retired at the age of 42 after making a series of profitable investment returns. He changed his focus to making money for Main Street Americans. Paul Mampilly additionally manages two elite trading services including True Momentum and Extreme Fortunes.