Profits Unlimited Research is a big player in the investment sector. It now has 60000 subscribers. The number has enabled the Paul Mampilly newsletter to become one of the fastest growing organizations in the field of investment. Mampilly’s main reason for coming up with a newsletter was to help Main Street Americans to join the world of profitable investment opportunities easily.
Mampilly started posting a newsletter with information about a particular stock after joining Banyan Hill Publishing. Every issue contains eight pages that explain about the stocks within a model portfolio. The progress of these investments is on his website for his subscribers to find. Mampilly has changed the old model by financial advisors and their customers. His subscribers now buy their stocks easily using their brokerage accounts.
Mampilly worked as a successful hedge fund manager on Wall Street for 20 years before starting his new venture. He served clients such as Kinetics International, ING, and Deutsche Bank in this capacity. He was good at his job that he managed to convert a $50 million investment into $88 million, making a 76% gain the process. He did not short the stocks either. This was quite impressive. It won him the Templeton Foundation Competition. The media has also recognized his prowess. He has featured on the CNBC, Fox Business News, and Bloomberg.
Paul Mampilly was born in India. He has lived in the United States for a long time. He moved there as a young man. His journey to being a financial expert started when he held the position of research assistant at the Deutsche Bank. He went on to manage accounts for the Bank of Scotland, private Swiss Bank, and Sears. It was not long before he caught the attention of Kinetics International Fund that owns a $6 billion hedge fund. He grew assets worth to $25 billion at the firm. He invested in Sarepta Therapeutics in April and sold it eight months later for a 2,539% gain. Mampilly had a good foresight. He saw a good future for television in online streaming videos and invested in Netflix. Mampilly sold Netflix for a 634% gain in 2010. Paul also writes a weekly column at The Sovereign Investor Daily.