Paul Mampilly first job employment was in 1991 as an assistant portfolio manager for Banker Trust. Being at Banker Trust was just the beginning of his career and he needed to move to bigger better places. Later when he was given the opportunity at Deutsche Bank and ING, he took it. This had given him a taste of a higher position as well as skills and experiences to run different sectors of banks. He was assigned the job of managing a hedge fund worth $6 million in 2006.
Paul Mampilly managed to get the assets of the company to $25 million. This gained him more recognition with other banks and hedge fund owners but his recognition boomed when he got 76% return during the 2008-2009 financial crises. This got the hedge fund assets to $88 million which was almost 10 time what he was given to manage in the beginning.
Besides managing hedge funds and banks, Paul Mampilly is also a member at Banyan Hill Publishing. He also spends his free time helping others invest for example in technology, stocks and other changes that may present themselves. During the bubble in 1999, Paul sold his shares and advised his friend to do the same but she decided to maintain her shares and even bought more. Later when everybody had suffered loss, Paul was glad that he had sold his after this incidence; Paul heard of cryptocurrencies with 8% of the American population using them and their value rising and falling according to the market value and decided to invest in them. He learnt of the warning signs of the rising and falling of these currencies: public and popular interest. Bitcoins also have this rise and fall in value.
When Paul Mampilly decides to invest in cryptocurrencies he was warned by other investors that he would suffer loss and should invest in bitcoins. They even claimed he had negative thoughts about bitcoins just caused he did not invest in them. He made it clear to them that he makes his investments wisely and Bitcoins did not feel like the right investment. He also did not want to move with the crowd to avoid the investment bubble.
Paul Mampilly’s : Facebook Page