Paul Mampilly is somewhat of a prodigy in the investment world. Having started out in this profession in his early twenties, he has been behind some spectacular investments and gains. Now in his forties, he has decided to retire to spend more time with his family.
Pauls first gig was at Bankers Trust where he worked as an assistant portfolio manager. From there his rise was meteoric and he wound up into senior positions at Deutsche Bank and ING where he was put in charge of accounts worth millions. His resume includes more such institutions such as Royal Bank of Scotland, Bankers Trust, Sears and even a Swiss Bank.
However, his big break did not come until 2006 when he was offered a hedge fund management job with Kinetics Asset Management which was worth $6 billion at the time he joined. Under Paul Mampilly the company grew at a rate of 26% a year eventually hitting $25 billion. This astounding growth made Baron’s name Kinetics one of the worlds best hedge funds. Another award he got was from the Templeton Foundation. He got this by taking part in a competition put up by them. The competition was to take $50 million and see what he could do with it in a 12 month period. At the end of the time frame he took the $50 million and grew it to $88 million! What makes this achievement noteworthy is that he did it during 2008 financial turmoil.
Even though he retired from his Wall Street job, he doesn’t consider himself to be fully retired. Now, instead of helping the wealthy get even wealthier he is dedicating his time to helping the middle class make smarter investment decisions. He started newsletters called “Profits Unlimited” and “ Fortunes Unlimited”. Through these newsletters, he is transmitting years of knowledge and experience gained from navigating the stock market jungle. As Paul himself puts it he has a knack for identifying the next Google or Amazon so that the investor can make big gains.
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