Bitcoin Is Good As ACryptocurrency, But Paul Mampilly Says Don’t Buy Its Stock

Paul Mampilly writes information about stocks and usually he finds the ones that TV experts are not yet talking about. More often than not, he’s been right about which ones will do well and which ones will do poorly. He wrote recently about digital currency and said it has a great future, and he also said Bitcoin was a stock that he missed out on sharing with his subscribers. Bitcoin saw a big surge in 2017 and Mampilly said he believes in it, but he says you should not currently buy its stock. This is because too many investors have seized on it that it’s value is now set to crash down after being overpriced. It’s a bubble effect that’s similar to what happened with dot-com in 2000.

Paul Mampilly was in investment banking and portfolio management at a hedge fund prior to being a writer for Banyan Hill. He came from a family in India and attended Montclair State University in the 1980s. He worked two jobs to pay his way through school, and after getting his bachelor’s in economics and finance he went to work at Deutsche Bank. He moved up from research assistant to account advisory services and got to upper management positions at ING and Banker’s Trust as well.

For a time, Paul Mampilly left investment banking and became an independent advisor at Capuchin Consulting, a company he helped found. Then he returned to the corporate financial world and became a wealth manager at Kinetics International Fund. He was responsible for managing the assets of fortune 500 companies, international banks, institutional investors and other executives and the funds he put those assets in yielded exceptionally high returns. Upon raising over $25 billion in AUM, Barron’s cited the firm as being the world’s best hedge fund at the time. While still at Kinetics International Fund, Paul Mampilly won the Templeton Foundation personal investment competition.

Paul Mampilly wasn’t interested in just managing the wealth of the big investors; he wanted to give the forgotten people a chance to be successful in the stock market. He retired from the hedge fund not only to spend more time with family, but to change how people looked at investing. He came to Banyan Hill because they offer factual information and provide insights through author newsletters at a much cheaper price than most investor publications. Over 60,000 subscribers read Mampilly’s newsletters, and you can also follow him on YouTube.

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