Former Hedge Fund Manager Paul Mampilly Shares The Biggest Mistake New Investors Make

Paul Mampilly is a professional investor who put his college education to work in the financial industry. This includes the MBA that he acquired at Fordham University. Beginning his career in 1991, he worked for Bankers Trust as the assistant to a portfolio manager. He soon found himself as global investment firms like Deutsche Bank and ING. At the end of his Wall Street career, he was a hedge fund manager at Kinetics Asset Management.

Like most people, Paul Mampilly burned out on Wall Street by his early 40s. Ready to do something different that didn’t involve making wealthy people even more money he moved out of New York with his family. He is still involved in the financial world but is now working independently. He does research and investment analysis that he makes available in his newsletter, Profits Unlimited. His focus is on helping regular investors make money using his tips and stock recommendations.

He joined Banyan Hill Publishing in 2016. Since that time, more than 90,000 people have signed up to subscribe to his monthly newsletter. Each edition has eight pages which detail the insights he has into a company he sees as a very lucrative investment opportunity. He also tracks a “model portfolio” which shows how several of the stocks he has recommended are doing.

Paul Mampilly stays busy in other ways as well. He has two trading services investors can use, True Momentum and Extreme Fortunes. He also writes a weekly column for another publication, Winning Investor Daily.

Interviewed by Eric Dye of Enterprise Radio, he said that he became passionate about helping regular investors build and protect their money. He also called out the biggest mistake most new investors make. This is to pick a single company they are interested in and then go all in on its stock. Paul Mampilly says it’s just way too big of a bet on just one company to do this. People need to spread their money around and diversify so that if they’re wrong about a company it isn’t disastrous to their wealth. Broadening the Tree of Wealth With Paul Mampilly and Banyan Hill Publishing

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