Paul Mampilly is an expert investor. When he talks, people listen. Banyan Hill recently published an article of Mampilly’s in which he shares sound advice about future investing. His kids, even at a young age, seem to be following in his footsteps. They are already adept from having learned from an expert. His children understand how money and investments work. As such, they are ahead of many adults in this area.
Paul Mampilly places a great deal of focus on technology In fact, his children serves as sounding boards when he attempts to explain a new technology. Investing in future technologies can be a winner. It can also be risky as technologies come and go. What seems promising yesterday may find itself on the trash heap tomorrow. Some ideas are too expensive to maintain or create. Other technologies simply fizzle and are replaced by new ones. However, there are always those future technologies that will pan out and make for sound investments.
1. The Internet of Things is already here. It has much to do with the interconnectivity of technologies that collect and transmit infinite amounts of data.
2. Pratt & Whitney’s new PW1000G aircraft engine is on his radar as well. These new engines have over 5,000 sensors that serve to gather and process information for additional efficiency and safety. The engine is also less expensive and easier to operate.
3. Paul Mampilly also has his eye on technologies that promote greener living. An example would be smart homes with efficient appliances and smart lighting that react to to the environment by turning off or turning on. Or, how about a food grinder that captures the energy of food waste!
The above are only a few mentions, but it is not hard to see how Mampilly’s sense of investing works. Paul Mampilly has the background and experience that makes him worth listening to. He founded Profits Unlimited to help stock investors gain insights. He also manages several weekly columns for newspapers. His resume also includes having worked for Sears, the Royal Bank of Scotland, and a private Swiss bank to name several. CNBC and Fox Business news have also featured Mampilly on finance segments.