Bitcoin Is Not What You Should Buy Right Now Says Paul Mampilly

Paul Mampilly is a knowledgeable investor who tells people how to buy stocks without going through a broker or other wealth manager. The newsletters he writes talk about stocks that he’s done a great deal of research on, and many of them are about new technology like Bitcoin. Mampilly admitted that he missed the initial uptick in Bitcoin’s value in 2016 through 2017 and would have recommended it at the time, but Mampilly says now it’s time to not buy it. He went on to say that he believes in cryptocurrency, but he sees Bitcoin’s popularity making it overvalued and eventually it’s going to crash. Paul Mampilly did say there’s another electronic currency you can invest in but he only reveals it to his newsletter subscribers.

Paul Mampilly has over 20 years in banking and professional investment advisory services. After graduating from Montclair State University, he became an intern and later head of research at Deutsche Bank. He developed such a high financial acumen that before long he was making portfolio decisions earned several promotions. For the next 10 years he would work at several renowned international banks including the Royal Bank of Scotland and a private Swiss bank. He became the founder of Capuchin Consulting in the early 2000s and stayed there for a few years, but then he returned to Wall Street in 2006 to become the head of Kinetics International Fund, one of Barron’s top-ranked hedge funds at the time. The firm started out with $6 billion in AUM when Mampilly first arrived, but that jumped to $25 billion thanks to his client investments making over 20℅ in annual returns.

Paul Mampilly made several big stock purchases for companies that weren’t highly rated at the time but ended up becoming huge successes. Those companies include Facebook, Sarepta Therapeutics and Netflix. Paul Mampilly was also the winner of the Templeton Foundation competition in 2009 for making a $50 million investment during the midst of the recession and making a 76℅ return for an $88 million yield. Mampilly retired from the hedge fund management career because he wanted to serve non-accredited middle class investors in a better way. He joined Banyan Hill not long ago and made information on stock buying simple to understand. His first newsletter was “Profits Unlimited” and it got over 60,000 subscribers in less than a month after word went out that Mampilly’s advice really worked.

Paul Mampilly’s Facebook Page: www.facebook.com/PaulMampillyGuru/