Paul Mampilly is currently serving at Banyan Hill publishing educating people on the stock investment. Before he began writing for the newsletter, he was in the Wall Street. He is, therefore, experienced in the business. He explains that the reason he wanted to leave Wall Street, was to get a chance to reach out to many people. The latter only considers and favors the needs of the prominent people in the society.
Paul Mampilly also admits that working in Wall Street was a lot of pressure. He says that having transactions and investments worth billions on your shoulder is a lot of weight. Mampilly is quick to add that he is still committed to giving his readers quality investment advice. Paul Mampilly says that winning in the Wall Street makes you a hero, but once you lose, you go back to zero.
When asked whether the people in Wall Street have the advantage to information compared to other outsiders in an interview, he admits that they do. He says that this is why he wants to use the knowledge that he has to help the local investors.
One thing that is paramount to mastering a skill is practicing something consistently. Paul Mampilly explains that he has always been dedicated to reading about stocks and tracking the stocks. By so doing, no new information comes up and passes him without his knowledge. Mampilly feels like college education is irrelevant. Well, not purely irrelevant because he could not have been hired without the papers, but information on Wall Street can only be learned practically. If he had a chance to make a choice, he could skip college and read the stock books by himself.
Many investors encourage positivity and viewing the glass full of water. However, Mampilly has a different view on the issue. He says that he always focuses on what could be wrong with his model. He also tries to see his model from other people’s perspective, and draw the negatives that they could find. This helps to avoid sticking to something, thinking it is a grand plan, and later find out it was full of flaws.