Paul Mampilly was born in a very minute village in India. He was brought up in a very humble background because his father never had the privilege to undergo enough formal education. Due to increased life challenges, his father relocated all his family to Dubai in a quest for greener pastures.
Luckily, there in Dubai, the economy was undergoing very rapid growth because the country had recently started oil mining. This positively impacted the family’s living standards, an aspect that enabled both Paul and his sister to complete and advance their education to college and university level. Follow Paul Mampilly on Stocktwits.com
From 1986-1991, Paul Mampilly was pursuing his Bachelor’s Degree in Business Administration at the Montclair State University. He later advanced this by acquiring a Master’s Degree in Business Administration from the Fordham Gabelli School of Business.
Immediately after completing his undergraduate degree, and while still pursuing his Masters, Paul Mampilly started working for Wall Street as an assistant portfolio manager but was then promoted to a full Portfolio Manager. He later transitioned to Deutsche Bank as a research assistant when the bank acquired a Bankers Trust. It was when working as a research assistant at the Deutsche Bank that Paul Mampilly understood the importance of conducting due diligence before making any investment decision.
After working for the bank for a while, Mampilly moved to ING where he started working as a Senior Research Analyst. Here, he was moved up the ranks to the extent that he started managing large investment portfolios worth millions of dollars.
After working for ING for a while, he was later recruited to manage a hedge fund by Kinetics Asset Management. This is what saw Paul Mampilly break the world record by having one of the best hedge funds worldwide, as indicated by Barron’s Magazine. This was after he grew the company’s portfolio to over $25 billion in assets under management.
Despite all this achievement, Paul still felt that his investment knowledge and assistance was being enjoyed only by the already well-off investors. He decided to retire from portfolio management and joined Banyan Hill Publishing as a senior editor. Apart from this reason, Mampilly also felt that he needed to spend more time with the family and so this decision was ultimate.
Since then, he started dispensing his knowledge using financial acumen in the form of investment newsletters. This way he feels that his benefits can be accessed by common Americans at prices that they can afford and hence promoting their living standards in general. Check: http://inspirery.com/paul-mampilly/