Profits Unlimited is a newsletter started by a former hedge fund manager, Paul Mampilly. It is currently the fastest growing newsletter with a subscription of over 60,000 subscribers. Mampilly worked on Wall Street for international brands for over 20 years. In 2009, he defied the financial crisis by turning a $ 50 million investment to $ 88 million without shorting stocks. The profits made him the winner of a competition run by the Templeton Foundation. Last year, Mampilly joined Banyan Hill Publishing with the aim of starting Profits Unlimited newsletter. The newsletter sought to guide the main street Americans into making investment choices that would generate profits.
Through this platform, each of his subscribers gets monthly stock recommendations. The eight-page newsletter gets sent out to the customers through email. On a weekly basis, Mampilly updates his clients on one or two stocks in the stock model and tracks the progress on his website. Unlike the conventional methods where the financial advisor trades on behalf of the client, Mampilly clients buy the shares through their brokerage accounts. According to Alan L, one of the subscribers, the suggested stock has profited whereby out of 13 open positions 11 are profitable. Further, he says that it’s the most productive investment in the stock market that he has personally experienced.
Today, Paul Mampilly focuses mostly on the publishing of Profits Unlimited and Extreme Fortunes newsletters. He is the senior editor and joined Banyan Hill Publishing in 2016.Additionally, he is a former hedge fund manager and investor. Before venturing into the publishing industry, Mampilly worked on Wall Street and served as managing director at Kinetics Asset Management LLC. For three years, he served as author, editor, and publisher at Capuchin Group.
Mampilly career began in 1991 at Deutsche Bank as a research assistant. He rose through the ranks to manage multi-million dollar accounts at Bankers Trust. Additionally, he has worked with the Swiss Bank, Royal Bank of Scotland among many others. Mampilly also traded in the stock market.