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Paul Mampilly Notices Changes in the Stock Market

Paul Mampilly once worked on Wall Street helping the wealthy become wealthier as a hedge fund manager with Kinetics Asset Management. He has since left Wall Street to help average Americans become wealthy. He joined Banyan Hill Publishing and started a newsletter called Profits Unlimited, which has over 90,000 subscribers who receive updates on the latest investment opportunities. An article on ChronicleWeek.com recently featured Eric Dye’s interview with Paul Manpilly on the Entrepreneur Podcast Network.

Paul said he has a unique perspective on how Wall Street works based on his experience as a trading desk manager, analyst, and money manager. He also spends 12 to 14 hours a day researching and tracking stocks, which is something average investors do not or cannot do. Paul researches companies he is considering making an investment in and tracks the stock market to see how the market affects the stock prices of these companies.

Paul Mampilly began working on Wall Street in the early 1990s. Eric asked him how the stock market has changed over the years, which drew a lengthy response. First, Paul Mampilly noticed that people started to do less trading while computers and trading robots were doing more of the trading. This gave large investment banks an advantage over the average trader. Second, ETFs replaced mutual funds as a popular investment vehicle. ETFs have made it harder for the average investor to succeed in the stock market because ETFs do not have a top fund manager that has trading patterns that the average investor can follow. Finally, investors act more like speculators than they did 20 years ago. Investors will purchase stocks in companies that have no profits hoping that these companies will earn profits in the future.

In 2008-2009 at the height of the financial crisis, Paul Mampilly was invited to participate in an investing competition put on by Templeton Foundation. Paul began with $50 million and finished with $88 million. Paul has proven that anybody can be a successful investor in any market.

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