Paul Mampilly is part of the editorial team at Banyan Hill, a publisher of information on making your own investments and becoming financially independent. He focuses primarily on new unheard of stocks, but every once in a while he’ll give his opinion on other investments including cryptocurrency. He once told readers that cryptocurrency is a good investment to make, but he also warned them about Bitcoin, a popular cryptocurrency that exploded in market value in 2017 but to a point that greatly concerned him. What’s happened is the demand for Bitcoin was driven higher than it should have been, and the high prices have formed a bubble. It’s the same kind of bubble that happened to the internet and tech explosion of the late 1990s and the housing market in the mid 2000s. Mampilly suggests not buying Bitcoin at this time, but in his newsletters he reveals another cryptocurrency that’s more stable. Follow Paul on Twitter.
Paul Mampilly came to Banyan Hill after 20 years in commercial banking and running a hedge fund. He earned his bachelor’s degree at Montclair State University and his master’s at Fordham. He became adept at investment advice while serving in managerial roles at Deutsche Bank, ING, Sears and Banker’s Trust. He helped start a consulting firm in 2003, and then three years later became a hedge fund director at Kinetics International Fund. He brought in many new institutional investors while he was there and managed over $25 billion in funds.
Paul Mampilly surprised many when he bought stocks in Facebook and Netflix several years before they became mainstream. He sold those stocks after they made near 300℅ gains, and he impressed the experts even more when he joined an investment competition during the 2008 recession and grew $50 million into $88 million. But he made the most surprising move when he left Kinetics International Fund and the rest of the big Wall Street banks and later told his friends and former coworkers he had done so because he wanted big change. As an editor for Banyan Hill, Paul Mampilly has been able to help more people and it gives him the chance to write about investing in his own way. He also has videos that show how he makes trades and builds his portfolio, and he uses fairly simple terms to explain how investments and the stock market work. His three newsletters are “Profits Unlimited,” “Extreme Fortunes” and “True Momentum” which can all be subscribed to by going to www.BanyanHill.com.