About 10 years ago, investor Paul Mampilly said that social media was going to start taking over a big part of the internet and even change how companies would start marketing towards it. It turns out he was right, and since he had bought stock in Facebook when it was still cheap, he was later able to turn around and sell it for a high profit. Mampilly says the next big thing that investors should be looking for is a wave of robotics and artificial intelligence because this will be revolutionizing people’s lives dramatically in the near future. He was recently a speaker a seminar that the company he writes for, Banyan Hill took part in hosting, and in this seminar he showcased robotics at work in front of an audience. But he’s also spoken of how AI is already at work in different smartphones and tablets, and he’s said the market there as well as robotics and blockchain is only just beginning. At its peak, Mampilly believes it will be trillions of dollars.
Paul Mampilly has a unique background as he was born in India, spent a few years in the UAE and studied economics at Montclair State University in New Jersey. He had never had a lot of money growing up, but he obtained his first high paying job at Deutsche Bank, later moving to ING and Banker’s Trust. Paul Mampilly worked his way from an entry level job all the way to an account administrator who oversaw millions of dollars in investor assets, and then in 2006 he became managing director of a major hedge fund manager and oversaw billions of dollars in investor portfolios. He was very successful at helping institutional investors earn high dividends, and even won a big investment competition during the 2008 housing crisis. But Mampilly didn’t stay at his job forever.
What prompted Paul Mampilly to leave his billion-dollar hedge fund manager job was that he didn’t like being away at the office all the time and wanted to be with his family more. Plus he wanted to stop helping Wall Street’s wealthiest investors and help everyday working Americans invest on their own, and that’s what he does now as a newsletter author and editor at Banyan Hill Publishing. Mampilly’s investment advice is easy to follow in his newsletters, and you can subscribe to them by going to www.BanyanHill.com.
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