Cryptocurrencies, especially Bitcoin, has been in the news ever since its stock prices increased by over 1000%. While many financial experts were of the opinion that Bitcoin will grow even more in the coming years, there were others who did not believe it. Paul Mampilly, one of the top investment experts in the country has often spoken against investing in stocks that grow abruptly within a few months. He believes that these stocks would lose their value in the same manner that they grow. He advises people not to throw away their hard-earned money by investing in Bitcoin as they would lose everything when the financial bubble burst. He wants people to invest in the Internet of Things that have a lot of potential in the coming years and would be the stock of the future.
Paul Mampilly started his career in the financial industry back in 1991 when he was a portfolio manager. Over the years, he gained experience and climbed the ranks. He has worked with some of the top banks in the world such as ING and Deutsche Bank. It was during his work here that he managed multimillion accounts and gained experience. He was also approached by a firm with the name Kinetics Asset Management to help it manage their hedge fund. It was during that time that the company was able to grow their assets considerably. See more of Paul Mampilly on facebook.
Paul Mampilly had once taken part in a competition organized by the Templeton Foundation. He was given $50 million and had to grow it within a year. He was able to convert that cash into $88 million and that too during the financial crisis of 2008-2009. After working in the Wall Street for over two decades, he realized that he is working for just the rich and helping them grow their wealth. It was then he retired and joined Banyan Hill Publishing in 2006. It is a company that offers investment tips to ordinary people and help them make profitable investments.
Paul Mampilly believes in providing recommendations on stocks that he is completely sure about. The best part about the articles that he writes for the company is that they are easy to understand. He offers real-life examples to people so that the information given to them is easily understood. Since not everyone has the same financial knowledge, he makes sure that ordinary people too are able to invest their hard earned money and profit from it.