Where Paul Mampilly Says Bitcoin Is Headed

Paul Mampilly is someone that people who want to figure out their own ways to invest often turn to because he’s always on the lookout for new stocks and alerts his followers to them in his newsletters. One investment he’s talked about is cryptocurrency and how Bitcoin has become ever popular in digital investments. Mampilly admitted in a Banyan Hill article that that he missed a chance to buy Bitcoin’s early stocks, but there’s been a little bit of a decline in their value and he’s now saying it’s best to not buy them.

The reason he says so is because Bitcoin is becoming too popular that its price has gone higher than where it was initially thought to go, and as something becomes too popular, its prices usually tend to inflate and then go steadily downward just as what happened with the DotCom bubble and the housing crisis. He did say that it may not be a sudden shock for investors, but eventually its value will shrink by at least 80%. He did say without naming that there is another safer digital currency to buy that you can find out about by subscribing to his newsletters.

Paul Mampilly came from Dubai in the UAE though his family heritage is Indian. He studied finance and economics at Montclair State University in New Jersey and got his first job as a portfolio management assistant at Deutsche Bank. As he caught on to how the markets worked and found solid funds to introduce to client portfolios, he earned promotion after promotion and in time had worked for ING, Sears, Banker’s Trust and a private Swiss bank. He was also in charge of billions worth in AUM at Kinetics International Fund, a hedge fund named by Barron’s as one of the world’s top investment firms.

Mampilly made a lot of personal investments in companies that most experts and analysts didn’t see becoming the phenomena that they did including Sarepta Therapeutics, Facebook and Netflix. He was also the winner of the Templeton Foundation’s 2008 competition for finding an investment yielding 88% in returns and turning $50 million into $76 million. But several years later, he decided it was time to share his investment ideas with middle class investors yet at a more affordable price than what other journals would give them. He achieved over 60,000 followers on his initial newsletter, and you can also see videos from Paul Mampilly with visual aids on YouTube.

Investor Paul Mampilly Predicts the Future for Large Returns