On March 9, 2017, the newsletter Profits Unlimited, reached 60,000 subscribers, becoming one of the fastest growing newsletters in the investment industry. Profits Unlimited is the brain child of Paul Mampilly. Mampilly has worked on Wall Street for over 20 years, and has been with clients such as Kinetics International, ING, and Deutsche Bank. He knows the business, and has shared his knowledge in his newsletter, published by Banyan Hill Publishing.
Paul Mampilly was born in India, and later as a young man, came to the United States. He joined other young men looking to make their mark in Wall Street, and quickly rose through the ranks. He started as a research assistant for Deutsche Bank, but rapidly rose to take on key positions to manage multi-million dollar accounts for ING and Bankers Trust, in addition to managing money for Sears, The Royal Bank of Scotland and a private Swiss Bank. The owner of Kinetics International Fund asked Mampilly to become its key manager, and while there the firm’s assets reached 25 billion with an average of 26% annually; with Barron’s naming it as one of the world’s best hedge funds.
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Mampilly was asked to participate in a prestigious investment competition which was organized by the Templeton Foundation. Starting with an investment of $50 million, Mampilly not only generated a 76% return in a single year, growing to $88 million, but he did it during a stock market crash happening in 2008-2009. Paul Mampilly’s personal accounts are impressive, having invested in Facebook, Whole Foods, Grifols, Cemex, several pharmaceutical companies, Netflix, and more. By the time he reached the age of 42, he grew tired of Wall Street and started up Profits Unlimited a publication that finds stocks that go up. He now helps out Main Street Americans to invest wisely.