Paul Mampilly Says Investing In The Future Means Looking At Big Data

What will the future look like in an Internet of Things (IoT) world? That can be tricky to figure out according to Paul Mampilly because not every patent works out in a way that’s practical for general consumers. But there are many that are starting to use internet data and high tech transmission such as the Pratt & Whitney PW1000G aircraft engine that uses that data to detect any potential problems that could pose flight risks. Mampilly also says robotics and self-driving vehicles will soon be flooding the market and Big Data will be the key investment for most large companies. Mampilly says now is a good time to look into IoT companies before they put a stop to most traditional industries by buying IoT stocks such as the VanEck Vectors Semiconductor ETF. Follow Paul on Twitter.

Paul Mampilly has been researching and buying stocks since he began in investment banking back in the early 1990s. He was born in India and his family paid for him to attend college at Montclair State University in New Jersey as a young man. After getting his degree in economics and finance, he spent more than 10 years of his career in banking at Deutsche Bank, Banker’s Trust and ING. Mampillyfounded Capuchin Consulting in 2003 and then became a multi-billion dollar hedge fund manager at Kinetics International Fund in 2006. The portfolios of the institutional investors served at this hedge fund were found to be making returns upward of 26℅ annually.

Paul Mampilly was earning very high compensation for his work at the hedge fund, but he didn’t want to stay on the job for long. He often found himself working long hours and not having as much time to spend with his children. Determined to do what he loved another way, he retired from the Wall Street hedge fund and investment banking scene. Banyan Hill became his place to write because they allow their authors to explain investing terminology in their own words and recommend their own investment funds. Paul Mampilly also wanted to reach readers who were left out by the big Wall Street banks and give them a chance to make the same kind of return percentages as the elites. He began showing people how to do this with the beginning of “Profits Unlimited” which grew popular practically overnight. Since then he’s added two more newsletters and contributes to one of Banyan Hill’s daily free newsletters. Some of the most profitable stocks he’s owned include Netflix in its early stage, Olympus Corporation, Whole Foods and Exact Sciences.Learn more: