What Investor Paul Mampilly Thinks Of Marijuana Stock And People Being Chipped

Paul Mampilly is a financial writer who helps middle-class investors know which companies to invest in for great returns. He has three newsletters which are Extreme Fortunes, True Momentum, and Profits Unlimited. This last one was his first such publication, which was launched in 2016, and it now has over 90,000 subscribers. He uses his experience in the industry to research firms and entire industries in order t find stocks that are poised to go up by 1000% or more.

Marijuana stock is something that Paul Mampilly has been looking at for a number of years. The marijuana industry has been growing by leaps and bounds as more countries and US states are legalizing it. It was recently valued at $235 billion and that number is expected to reach $4 trillion in 2022. However, he is suggesting to his subscribers that they don’t buy any pot stock. He says there are better opportunities elsewhere and companies in this industry are just too risky.

Subscribers who follow Paul Mampilly’s stock-picking advice have earned incredible returns. Even during the 2008 global financial crisis his hedge fund at the time returned 76%. Back then he worked on Wall Street and helped millionaires and billionaires make even more money. He decided to walk away and give his advice to regular investors so that they could benefit from his strategies rather than people who already have enough money. See more of Paul Mampilly at linkedin.com

Paul Mampilly’s last position on Wall Street was at Kinetics Asset Management LLC. He was the managing director and co-portfolio manager. He managed a hedge fund that was said by Barron’s to be one of the best managed funds in the world. He also won the Templeton Foundation contest which took place between 2008 and 2009. Each contestant started out with $50 million and whoever earned the most in one year’s time was declared the winner. He came out in first place beating every other professional investor who took part.

One investment opportunity that Paul Mampilly is highly interested in is companies that are involved in chipping people. He said many people in the future are going to be chipped so that they can leave their wallets, purses, and keys at home. They will have a ID chip put in their hand about the size of a piece of grain. They will be able to wave their hand to open doors, pay for things, etc. He said this is the future and makes for a great investment opportunity for those who get in early. Check: https://www.facebook.com/PaulMampillyGuru/