Paul Mampilly on Mistakes Made by Investors

Paul Mampilly joined the Banyan Hill Publishing team in 2016. Prior to joining the Banyan Hill team, Mampilly had a successful career on Wall Street where he held a number of prestigious positions, including the management of a $25 billion hedge fund. However, after years of exceeding the demands that were required of him on Wall Street, he became wore out and ready for a change. It was at this point that Paul Mampilly decided to stop helping the rich get richer, and, instead, began to focus his career on helping the average joe make investments. Thus, began his career at Bayan Hill Publishing.

Every month Paul Mampilly offers an 8-page newsletter, Profits Unlimited, that discusses new and upcoming investment opportunities. While he doesn’t invest people’s money for them or tell them how much they need to invest, through his newsletters, Paul Mampilly provides advice, a model portfolio, analyzed information, and research tips so that investors have the knowledge they need to make an educated investment decision. In addition to his newsletter, Mampilly also manages the trading services known as Extreme Fortunes and True Momentum.

According to Mampilly, there are three major mistakes that first time and beginning investors make. First, they put all of their eggs in one basket. They pick one stock and put all of their resources into it. This is a risky route to take because investors could end up losing huge amounts of money if they are wrong about the investment. The second mistake made is that first-time investors invest too much. They will put 60%-70% of their money into one stock which could also lead to the loss of a lot of money. Instead, it would be a good idea to invest a smaller percentage of money, which would decrease the risk. The third mistake is that novice investors don’t pay enough attention to market conditions; which causes them to invest when they feel things are good, or when the market is high instead of low.

Paul Mampilly attended Montclair State University where he earned a bachelor’s degree in business administration. Later, after gaining some experience, he attended Fordham Gabelli School of Business where he earned his master’s degree, also in business administration.

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