Paul Mampilly Shares How The World Of Investing Has Changed Over The Past Three Decades

Paul Mampilly Shares How The World Of Investing Has Changed Over The Past Three Decades

Paul Mampilly has used his extensive education to excel in the world of finance. He started his career in 1991 when he started working for Bankers Trust as an assistant portfolio manager. As he gained experience he moved on to higher level positions at other financial firms including ING and Deutsche Bank. At the apex of his career on Wall Street, he managed a $25 billion hedge fund at Kinetics Asset Management.

He retired in his early 40s from Wall Street, though, tired of the pace, making money for the richest 1 percent, and desiring to spend more time with his family. He now edits and writes a newsletter about investing which is published by Delray Beach, Florida-based Banyan Hill Publishing. He performs research and analyzes publically traded companies so that he can provide his 90,000 plus subscribers with the information they need to make huge returns on the money they invest. Paul Mampilly says that he enjoys helping regular people make money using the knowledge he gained as one of Wall Street’s top performers.

He recently sat down for an interview on the Enterprise Radio show. During the interview, Paul Mampilly talked about how much the world of investing has changed over the past three decades. He also shared the number one mistake that most people make when they first become an investor. He said what has really changed the game is the introduction of computers in the financial world. Nowadays a lot of the trading is performed by artificial intelligence and algorithms. At the beginning it was just the largest financial firms using AI but nowadays even the smaller firms are employing this technology.

Talking about that one big mistake for investment newcomers, Paul Mampilly said in this interview that they don’t diversify their investments. They will go all in on one stock by betting everything on it. The problem is if you get this wrong, which most do it yourself folk do, you can lose a huge amount of money if not all of it if the company goes bankrupt. Investors should be spreading their money around so that they’re not too tied into any one stock, he says.

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