Paul Mampilly entered the financial industry in 1991 when he found a position at Bankers Trust as an assistant portfolio manager. Through trial and error, he developed the skills that took him to be an in-demand hedge fund manager. The last Wall Street firm he worked for, Kinetics Asset Management, handed him the reigns to their fund that was worth $6 billion. His strategic investments resulted in this rising to a value of $25 billion.
He now helps everyday people make smart decision with their money when choosing to invest it. He grew to not care for Wall Street and its focus on the 1% and how to make them richer. Paul Mampilly uses the areas of growth investing, small-cap stocks, tech, and special opportunities to help others achieve financial independence through his newsletter, Profits Unlimited.
He says that the biggest hero in his life is his father. His dad was born in 1933 in India. He was born and raised in a tiny, poor village in a very poor nation at the time. His dad’s mom died when he was just three years old and his father died when he was 20. Despite these setbacks, he was able to get job and use the money to pay for his college education.
His father found a job in Bombay, the financial center of India. Despite this, he couldn’t earn enough money to support his family. He found a job in Dubai he wanted so he applied for it despite the rest of his family saying it was a bad idea. Paul Mampilly says it was actually great decision because Dubai was on the cusp of exploding into an international sensation due to the wealth of oil under it.
Paul Mampilly is very appreciative that his parents were able to pay for his college education and that of his sister. They both attended college in the United States and he decided that he liked this country so much he would spend the rest of his life in it. Helping his fellow Americans make money through investing is his way of paying back the country he came to love.
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