He prepared for, and achieved success with a knack for predicting the stock market. Then Paul Mampilly walked away from Wall Street. He wanted more ordinary Americans to have reliable investment information and advice.
After earning a BBA degree from Montclair State University in 1991, he started working on Wall Street. In 1993, Bankers Trust Company recruited Him as Assistant Portfolio Manager. He worked directly with rich clients. His success earned him promotion to Senior Portfolio Manager in 1995.
In 1997, Paul Mampilly gained a Master’s in Business Administration through Fordham Gabelli business school. Then in 1998, he started working at Deutsche Asset Management with responsibility for approving stocks for four portfolio managers. He also worked for ING Funds from 2001 as senior analyst. There he supervised two juniors dealing with healthcare stocks.
In September of 2006, Paul Mampilly assumed responsibility as Kinetics Asset Management’s Senior Portfolio Manager. As team member he aided raising in excess of $5 billion in investments for the company. He was also managing portfolios valued at $25 billion.
Paul Mampilly left Kinetics Asset Management and in 2011, took on the role of analyst and writer at Common Sense Publishing. That post gave him the chance to contribute investment guidance to readers through four different newsletters.
He had created for himself a successful and lucrative Wall Street career with expertise to predict the stock market. From it he could earn himself seven figure salary. But Paul Mampilly felt he had enough of being there. His thinking? He can do better than Wall Street to cater for a larger number of ordinary people. He wanted to help people from all strata of society with investing their money. The best way he felt was to be away from Wall Street.
Mampilly started Capuchin Consulting in January, 2013. His mission is to help ordinary people make money from their investments. He takes pride that his research is now within the reach of a greater number of ordinary people. His focus is where he wants, contrasting the culture of Wall Street where managers tend to focus on the rich.
For details: dailyreckoning.com/author/pmampilly/