Paul Mampilly’s understanding of what causes economic bubbles and his stock market timing skills have made him a very successful investor. He warned tech investors in 1999 that a bubble was being created in the tech industry when he saw tech stock prices rising thousands of percentage points. He sold every stock before the bubble exploded in 2000-2001. As a result, none of his clients lost any money.
In 2009 when the stock market was tumbling, Paul Mampilly recognized the start of significant changes in the business environment. He decided to jump into the stock market when everybody was pulling out. He even entered a competition held by the Templeton Foundation with $50 million and won the competition with a 76 percent return resulting in $88 million.
Paul Mampilly’s investing experience goes back to 1991 when he graduated from Montclair State University with a degree in Finance and Accounting. He would later get an MBA from Fordham University’s Gabelli School of Business. He worked with high net worth clients as an assistant portfolio manager for Bankers Trust Company, a senior portfolio manager with Bankers Trust Company and Deutsche Asset Management, and a senior research analyst with ING funds. Paul eventually became the senior portfolio manager for Kinetics Asset Management where he managed a $25 billion investment account. He is currently a senior editor with Banyan Publishing and owns Capuchin Consulting where he helps middle-class people gain wealth through investing.
Paul Mampilly is currently warning people about investing in cryptocurrency. The prices for cryptocurrencies like Bitcoin are soaring without having any functional value, which is a clear sign of an industry bubble. People think that Paul is upset about not investing in the early stages of cryptocurrencies to make a huge profit. Like any good investor, Paul Mampilly spent dozens of hours researching and analyzing cryptocurrencies and realize that these do not make for good investments. Looking at the broader picture rather than individual investments is what makes him a successful investor.
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