The world of investing has been changing a lot in the last decade or so. Technology that used to only be available for the largest financial institution is now easily accessible by almost everyone. Paul Mampilly, a seasoned investor and now publisher, is excited about the potential that this technology is bringing to investors who have made the decision to go about it on their own. In his new position at Banyan Hill Publishing Paul Mampilly is able to share his knowledge about the financial industry and investing with people from many different walks of life.
Robots and artificial intelligence are now using algorithms to help make good investment decisions by predicting the possible outcomes of each transaction. Prior to the utilization of this technology, this work was tedious and left to be completed by humans. This practice has completely changed the way investing works.
Paul Mampilly believes that putting in the work is something that can’t be avoided in order to successfully invest. He starts his day early and works at least until the markets are closed for the day. 12 to 14 hours a day are spent by Mampilly reading and researching what is going on in the markets to ensure that he is making the best decisions possible.
Born in India, Paul Mampilly worked his way up from living in tiny village to being a successful investor on Wall Street. At a young age, he knew that he wanted to become a success and through a combination of aggressively approaching his ambitions and good timing, he achieved just that. His sister joined him on his journey from a small village to the biggest city in India, Dubai and eventually became college graduates.
Paul Mampilly began his career in finance as an assistant portfolio manager at Bankers Trust Company before becoming a full portfolio manager. He made the transition into a research assistant after Bankers Trust was acquired by Deutsche Bank. No matter the position that he held in the industry, he believes in being diligent with his work through proper research and following up on potential investments.