A look at why Paul Mampilly quit Wall Street and his sentiments on various issues affecting the stock market

Most business people would trade the world for Wall Street, yet Paul Mampilly, a finance guru, and well-known investor willingly gave that up to be part of the Main Street. During a recent interview with the famed podcast producer, Eric Dye, Paul revealed that the move was triggered by the fact that he was sick of helping the affluent investors in wall street become richer. He was also pushed by his desire to help Uncle Joe enjoy a piece of the success pie using his knowledge.

To achieve this, Paul Mampilly went on to establish the Profits Unlimited Newsletter through which he shares his vast knowledge of the Stock market with the readers. The newsletters is published under Banyan Hill Publishing where he is one of the senior editors. Having been in the stock market arena for more than two decades, Paul understands it like the back of his hand, a factor that enables him to suggest the most profitable stocks for his subscribers, thus helping him achieve ultimate success in their careers too. It is thanks to this, that he now has over 90,000 subscribers who read and follow in his footsteps when it comes to stock investment.

In his interview with Eric, Paul Mampilly touched on various areas of the finance world such as how the stock market today has changed in comparison to two decades ago. For instance, Paul says that two decades ago, most traders preferred using mutual funds, hence making them dominant over ETF’s but today, the script reads differently as ETF’s continue to rule the airwaves. He also talked about the common mistakes that traders make which prove to be pricey in the long run, such as procuring shares when everything in the market is going well, and capitalizing on the same stock.

Paul Mampilly also revealed that coming up with the most valuable stock suggestions for his readers is no joke and as such he spends about 12 to 14 hours of his day researching and analyzing the stocks that his clients procure. He also revealed that he admires and looks up to the success of Tesla owner, Elon Musk.

More about Paul Mampilly

Paul is an alumnus of Montclair and Fordham Universities where he received his Bachelor of Business Administration and an MBA respectively. He is also a Templeton Foundation award winner and is also the editor and writer of two other newsletters, Extreme Fortunes and True Momentum, all of which play the same role as his first newsletter.

For details: interview.net/paul-mampilly/