A year ago, investor Paul Mampilly signed a deal with Banyan Hill to start a newsletter titled Profits Unlimited. His goal was to take his knowledge from years of working on Wall Street to point investors toward stocks that are poised to rise higher.
It is apparent that his advice is paying off. Profits Unlimited recently hit the 60,000 subscriber mark, and all indications are it will keep growing in readership. Mampilly’s format for the eight page newsletter is to highlight one new stock that potential investors might try. Next, Paul Mampilly gives weekly updates on a couple of model stocks listed in his portfolio, and tracks their performance on his website. What makes Mampilly’s arrangement unique is his subscribers buy stocks from their own brokerage firms instead of through a traditional financial manager.
Many of the stocks Mampilly has highlighted in Profits Unlimited have grown a lot, many between 18 and 38 percent. One of those stocks, for a semiconductor, grew an astonishing 160 percent. Several of Mampilly’s subscribers have praised his newsletter on how it has helped with their investments.
Mampilly spent 25 years working on Wall Street, where he served as a money manager for Royal Bank of Scotland, Bankers Trust, and Sears. He retired in his 40s, but keeps busy as editor of The Sovereign Society. He also spent a year working with the hedge fund Kinetics International.
Mampilly has been featured as an analyst on CNBC, Fox Business News, and Bloomberg TV. He has also received the prestigious Templeton Foundation Award for innovative financial investment.