Posts Tagged: INVESTOR

Paul Mampilly on helping ordinary citizens invest

After graduating from Fordham University with an MBA, Paul Mampilly knew he had to put his financial knowledge to use. He joined Bankers trust where he became the assistant Portfolio manager. This position exposed him to a lot of expertise and experience on investing. Soon after he moved to Deutsche Bank and later on ING. Following his stellar performance in these two organizations, he was recruited by Kinetics Asset Management. Here he was in charge of the hedge fund division, which he was able to grow into a twenty-five billion dollar business in what was referred to as one of the World’s best returns.

Having solidified his position in Wall Street Paul Mampilly decided it was time he took a step back and spent more time with his family. At this time he was also determined to make money for ordinary people rather than continue making money for the ultra-rich who seemed to have all the best investing options. His skills as an investment analyst would be the tool he would use to achieve this dream. Paul Mampilly joined Baynan Hill publishing and started working on an investment newsletter. Since he released his first copy more than 90,000 people have subscribed to it. The newsletter offers a lot of insight into his investment strategy as well as detailing new investment opportunities each month.

Followers of his newsletter are familiar with his model portfolio, which is a combination of several stocks that Paul recommends and invests in. The newsletter Profits Unlimited are just one part of Paul Mampilly’s writing stint as he is also a weekly contributor on Winning Investor daily. As part of his financial life he also manages True momentum and Extreme Fortunes which are two well-performing trading services. One of the things that make Paul Mampilly such a shrewd investor is his incredible experience within Wall Street. Having risen from manning a trading desk to running a hedge fund, he has worked at almost every stage of the investment cycle. He understands what it entails managing a single account with little capital and growing it as well as managing accounts with billions of dollars.

 

Milwaukee Bucks Since Wes Edens & Marc Lasry

In 2014, the Milwaukee Bucks were in a rough spot. They had just finished a 15-67 season and were losing fans in the region. During this troubled time, two New York hedge fund managers stepped up, determined to put the Bucks back on track. These two men were Wes Edens and Marc Lasry. In April 2014, they bought the Milwaukee Bucks with the goal of creating ‘real change’ within five years. Right away, Edens and Lasry went to work. First, they worked on improving their staff. They wanted more people working, and people that were better suited for the job. They replaced General Manager John Hammond with Jon Horst. Under Horst, the Bucks hired Mike Budenholzer as the head coach.

With their staff in order, expert Wes Edens and Marc Lasry turned their attention to the citizens of Milwaukee. In order to get the locals reinvested in their basketball team, a new arena was built for the Bucks: the Fiserv Forum. Located in downtown Milwaukee, this new arena was a rousing success, increasing the average number of attending fans in its first operating year. The Milwaukee Bucks also needed roster improvements. After the 2015 season, when the team made it to the playoffs and lost in the first round, many of the players moved on. This left Wes Edens and Marc Lasry, assisted by GM Jon Horst, the job of rebuilding the team.

Together, these three managed to acquire MVP candidate Giannis Antetokounmpo and started to build a team around him. Antetokounmpo was joined by another MVP candidate, Khris Middleton, and a recently acquired forward, Nikola Mirotic. The hard work Edens and Lasry have put into the Bucks during the past five years has paid off. Although the team has not won a playoff game since took over, the Milwaukee Bucks went into the all-star break 43-14. They are currently the highest ranked team in the NBA and have a good shot at the championship this season. According to Wed Edens, “we want to win…championships and I think we have a chance to do it with this squad.”

Read more: https://www.marketscreener.com/business-leaders/Wesley-Robert-Edens-05HFN1-E/biography/