Paul Mampilly is one of Banyan Hill’s top authors who finds stock most investment experts ignore, and it nearly always performs better than what most people expect. His newsletters inform readers on what they should look out for while building their portfolio. He wrote about the healthcare industry not long ago and how Amazon’s New plan with JP Morgan and Berkshire Hathaway could affect healthcare stocks. He did say that investors could feel some turbulence since this new healthcare model will disrupt the way it’s usually been done through the pharmaceutical companies and middlemen. But it’s not likely to mean all pharmaceutical and health retail stocks go down for long. Follow Paul on Medium.
Paul Mampilly has seen Amazon’s growth over the years and understands how it has taken over various retail sectors. But even Amazon hasn’t had pushed into these new sectors without some bumps on the way. Many experts thought they were going to replace Netflix and Hulu in the live streaming space several years ago when they launched Amazon Instant Video, but both Netflix and Hulu proved they could stay competitive with the e-commerce giant. Amazon also planned to change the way grocery shopping was done when they partnered with Whole Foods in effort to get a low-priced quick checkout system up and running. But Mampilly said he and his colleague noticed the disruption to grocery shopping hadn’t happened as smoothly as Amazon had planned. He believes Amazon may do well in healthcare, but it won’t be the end of its competition.
Paul Mampilly came from India to follow his dreams of succeeding in the financial industry over 30 years ago. After getting his bachelor’s degree, he took his first job in finance as a research assistant for Deutsche Bank. From there he worked for several other banks and ultimately a hedge fund known as Kinetics International Fund. Mampilly also won an investment competition in which he turned $50 million into $88 million during the recession without investing in extremely risky funds. But he also had built his own stock portfolio over the years with early investments he turned profits on like Facebook, CEMEX and Sarepta Therapeutics.
Paul Mampilly left the life of Wall Street banking behind because he wanted to help the people he couldn’t as a hedge fund director, and he wanted to do so on his time. He first wrote “Profits Unlimited” at Banyan Hill which introduced stock buying to first time investors, and in less than a month it had over 60,000 subscribers. His followers have reported tremendous gains on their own portfolios and have given him good reviews for offering material that’s easy to understand. Learn more: http://www.stockgumshoe.com/tag/paul-mampilly/