Paul Mampilly Recommends Internet Of Things Stocks For 2018

Paul Mampilly is a contributor to Banyan Hill, an independent investment news company and a newsletter provider for those who want a less expensive alternative to big name publications. He shares with his readers which stocks they should look for that are not yet popular but will be in the future. Mampilly said that 2017 was a great year to be buying, but he expects 2018 may be better for selling. Some stocks he says you should still consider buying are Internet of Things stocks. These are stocks in smart technology like self-drive vehicles and appliances, artificial intelligence based applications, robotics like 3D printers and cryptocurrency technology.

Paul Mampilly started his investing career after getting his bachelor’s degree in finance and economics at Montclair State University. He joined Deutsche Bank in 1991 working in research, but soon he was involved in credit and investment advisory services and it began the start of a career that saw him travel across the world working for several other banks. He served for a couple years at Capuchin Consulting, an independent boutique firm and then joined Kinetics International Fund, one of Wall Street’s top hedge fund companies. The firm had $6 billion in AUM, but Mampilly helped grow that to $25 billion because of the reputation he had for finding investments with extraordinarily high returns. Barron’s touted the firm and recognized Mampilly during his years there.

Paul Mampilly made several predictions that brought him interviews on news networks like CNBC and Fox Business including predicting the dot-com crash of 2000 and later the housing crisis of 2008. He was also one of the first investors to buy Facebook, Netflix and Sarepta Therapeutics stocks, all of which made enormous profits when he sold them several years later. He also entered the Templeton Foundation investment competition in 2008 during which he found investments that were unaffected by the recession, and after investing $50 million he grew it to $88 million in a year. Paul Mampilly had so much success, but he shockingly stepped down from hedge fund management at age 42 because he no longer wanted to spend long hours at the office, and he wanted to help people who really needed it. So he joined the team of independent authors at Banyan Hill which allowed him to write articles and newsletters on his own time, and show people how to go around brokers to manage their portfolio. His followers have been amazed at how well stocks he’s recommended have performed.

Paul Mampilly’s info: medium.com/@paulmampillyguru

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