Paul Mampily hails from India. He, however, joined Wall Street at an early age. His career started in 1991, having gained experience in investment for 25 years. His first job was a portfolio manager at Bankers Trust.Paul was promoted to prominent positions, and at one time, he managed multimillion-dollar accounts for ING and Deutsche Bank. Swiss Bank, Scotland Royal Bank, and Sears also entrusted him with managing their finances.Kinetics Asset Management, a 6 billion dollar hedge fund, recruited Paul Mampily as a key manager. He increased the company’s assets to 25 billion dollars. During his tenure, the firm was named the world’s best hedge fund. Its annual returns averaged 26%. Paul generated 76% return within a year, from a starting investment of 50 million dollars. This was during the 2008 and 2009 market crash.
Paul Mampily has his investments. In 2012, for instance, Paul invested in Sarepta Therapeutics. He later put it on sale, making a profit of 2539%. In 2008, he invested with Netflix and made a gain of 634% after selling it.Paul’s list of big wins includes Stratasys, OLED Universal, Facebook, Olympus Corporation, and CEMEX. Paul also made huge gains from his investments in Ariad Pharmaceuticals, Exact Sciences, Whole Foods, and Grifols. The collective gains were 6,220%.Paul Mampily retired from Wall Street at the age of 42. His investment focus changed to Main Street Americans. Paul writes for Profits Unlimited. He writes a free column for Winning Investor Daily.Paul also manages True Momentum and Extreme Fortunes, which are elite traders’ media outlets. Mr. Mampily features in Bloomberg TV, Fox Business News, and CNBC. On social media, he still focuses on matters finance and investment.
Paul Mampily on stock selling
Selling stock in the stock market requires a strategy. It is best to sell your stock between 10:30 am and 3:30 pm. This is because stock markets open at 9:30, there is a crash on orders, and prices are low.The strategy should also include how you intend to trade your shares. This decision depends on the kind of stock. For small, thinly traded, unknown, and illiquid stock, use a limit order. This ensures that you do not expose your stock to low prices.If your stocks are well traded and liquid, such as IBM and Coca-Cola, you can use the market price. The stock market situation should also influence your investment strategy.