When you bring up terms like Wall Street or hedge funds these days it is not uncommon to associate terms like greed and selfish money grabbers with it. Since the big stock market crash of 2008 and eye-opening documentaries like Inside Job have shaken the world it has left a foul taste in the mouths of many people.
Seeing how everyday Americans suffered extraordinary losses, one highly successful growth investor and hedge fund manager, Paul Mampilly, decided to switch his focus from using his knowledge and expertise helping his previous clientele, those in the upper echelons of financial prosperity, to serving the general public. Fueled by a deep conviction that what happened to the savings and investments of everyday investors was wrong Paul decided to set up his own consulting agency, Capuchin Consulting and to help educate people through his newsletters Profits Unlimited and Extreme Fortunes.
In a recent interview with the investment director at Banyan Hill Publishing, Mampilly explains which trends he is paying particularly close attention to and what direction he believes the US economy is heading next. An example of a trend he thinks will have an extraordinary impact on the economy is the preferences of the millennial generation. With numbers estimated around 92 million people, it is easy to understand that by sheer numbers alone this generation will have a huge influence in our future.
Read more on Ideamensch.com
One of the reasons Mampilly believes he has been able to produce such impressive results is his ability to stick to the same routine every day. From waking up early in the morning to searching for and compiling information about stocks and the impact it can have on the markets.
Besides this healthy discipline, Paul Mampilly also points out and recommends that everyone spend some time concentrating on how they could be wrong. Paul believes that it is very important to invert your viewpoint and keep the other perspective in mind.
When asked about his best recent $100 purchase he admits that he spends a lot of money on books. To Paul, learning and knowledge are simply the best use of time and money.
Learn more about Paul Mampilly: https://dailyreckoning.com/author/pmampilly/