Robots in the workforce are starting to become a real initiative with one particular lab that stock expert and Banyan Hill editor Paul Mampilly has started looking closely at. He attended a recent investors symposium where he conducted a demonstration that involved the aid of a full-sized robot that he explained would be changing the future of labor. He noted that though these robots have not quite become regulars at all local companies, they are in the middle of a mass production boom right now and soon could flood the market. Mampilly said investors should capitalize on that now by buying ETFs like the Robo Global Robotics & Automation ETF.
Paul Mampilly said once in an interview that he likes being able to share his knowledge because he can give people the kind of perspective they won’t get from most general business and news television shows. He had spent 20 years on Wall Street offering advice and managing accounts for some of the top executives and fortune 500 companies during that time. Mampilly was actually born in India and was given the chance to attain success by completing his bachelor’s degree at Montclair State University and subsequently becoming an account administrator at Banker’s Trust. He also served at Deutsche Bank and ING and then took a high ranking position at Kinetics Asset Management where he grew $6 billion in AUM to $25 billion. Paul Mampilly was noted for winning the Templeton Foundation investment competition in 2009, buying stocks in Facebook, OLED Universal, CEMEX and Sarepta Therapeutics. He also saved his portfolio gains right before the 2000 dot-com crash and also predicted the 2008 housing crisis.
Paul Mampilly grew tired of doing the same thing over and over on Wall Street and not spending more time with his family, so he retired in 2012 and four years later became a contributor for Banyan Hill. His newsletters there have helped many working Americans build up wealth for their future, and he also allows them to see his own portfolio in his videos. You can find out more about Mampilly’s newsletters and his latest investment recommendations by following his Twitter handle @Mampillyguru.
About Paul Mampilly: interview.net/paul-mampilly/