Tag Archives: Kinetics International Fund

Paul Mampilly Has A Take On Investing In Bitcoin

Paul Mampilly studies a lot of technology updates and usually has a good sense of which trends will become big in the future, which is why he’s one of the most trusted experts on buying stocks at Banyan Hill, the publishing company he writes for. He recently did an article on Bitcoin and explained his position on it. What Mampilly said is that he believes in Bitcoin and likes cryptocurrency, but he’s actually telling followers not to invest in it. He says while it had a surge in 2017, it’s starting to decline and actually has a bubble it’s sitting on because it’s too popular. But Mampilly does say there’s another cryptocurrency you can invest in and shares what it is in his premium newsletter.

Paul Mampilly comes from an Indian background and came to the US back in the late 1980s to get his college education. After completing his bachelor’s degree at Montclair State University, he went to work at Deutsche Bank in the credit research department. He became very good at learning which investments could yield high returns for his clients that he started earning promotion after promotion, and he held portfolio management positions at ING, Banker’s Trust, Royal Bank of Scotland and a private Swiss bank. He also became the founder of an independent boutique firm known as Capuchin Consulting and became the Managing Director at Kinetics International Fund. This hedge fund company was giving clients up to 43% returns on investments and saw its assets under management increase to $25 billion within a year.

Paul Mampilly had several other accomplishments including predicting the 2008 housing crisis and buying stocks from Sarepta Therapeutics, Netflix and CEMEX all in their infancy stage and making very high returns. He also was a participant in the Templeton Foundation’s competition in which he put $50 million down and made a 76% return during the time that the recession hit its peak. But he didn’t stay on Wall Street much longer because he wanted his investment knowledge to help those who really needed it. He retired at only age 44 and started his first newsletter in 2016. The newsletter known as “Profits Unlimited” gave some unusual investment information that was doubted at first, but upon taking Mampilly’s advice his followers gave reviews saying the advice really worked. The newsletter picked up 60,000 followers in a very short time, and Mampilly has since started a couple others.

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