Paul Mampilly Gives Incredible Investment Advice to EPN’s Listeners
Paul Mampilly is a respected finance executive who has a vast experience in market stocks having spent a considerable amount in Wall Street. He is also a fovorite guest analyst on Tv shows and Radio shows including Fox Business News and CNBC. Recently, he sat down with Eric Dye from the Entrepreneur Podcast Network to talk about current trends in the stock market, entrepreneurs that Mampilly admires and faults people make with their initial investments. Learn more about Paul Mampilly at Crunbchbase.
Mampilly holds a master’s degree in Business Administration from Fordham University. His career took off at Bankers Trust where he was an assistant portfolio manager. He gained enough knowledge and expertise to move to move to larger legal and financial firms like Deutsche Bank and Kinetics Asset Management. While working the latter, Mampilly was in charge of a hedge fund and managed to grow the firm’s investments to $25 billion.
He quit his stints at Wall Street to focus on his businesses and pursue his passion for helping middle-class Americans manage their finances and grow their wealth. Paul Mampilly is currently an editor for Babyan Hill Publishing. He writes a monthly newsletter called Profits Unlimited that has more than 90,000 subscribers. It entails investment tips, financial advice, and guidelines on lucrative investment opportunities to guide people in their financial management lives. He also edits another journal called the Extreme Fortunes. Read more about Paul Mampilly at Talk Markets.
In his interview with Dye, Paul Mampilly advised average Americans not to spend all their money on a single investment as it may turn out to be a huge loss. He added that also spending too much money on one stock is an error most new investors make. Paul instead urged new investors to spend evenly on multiple shares for higher returns.He believes that the time he spent at Wall Street gives him a unique perspective that other advisors lack.
According to Paul Mampilly, the stock market has undergone rapid changes over the years, and some of the current trends like the use of computer algorithms place average investors at a disadvantage. He also noted that there is a new investment trend where the focus is first growing an investment and then pursuing profits later.