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Paul Mampilly backing IoT to offer good investment opportunities

Paul Mampilly is an investor and an accomplished investor for that matter. He loves investing in stocks, his favorite being technology stocks. His opinion regarding this filed is treated with respect by those who know how precise he can be with spotting investment opportunities. Some of the investments he makes even surprise fellow experts since they are unique and calls for special knowledge to spot them.

Mampilly has competed against other experts in the Wall Street and won. In a competition held in 2009 and sponsored by the Templeton Foundation, he emerged the winner. He increased the initial investment of $50 million to $88 million- 76 percent increase.

Mampilly holds an MBA from Fordham University and earlier attended SUNY Albany College. He joined Wall Street and became a successful hedge fund manager. He however no longer works in the Wall Street because he retired at the age of 42. His reason for leaving was to help average American investors to make money from stock investments as well as making investment decisions as professionals.

Paul Mampilly is the author of Profits Unlimited, True Momentum and Extreme Fortunes all financial publications that have been doing very well. In the first year of publication, the newsletters had over 100,000 subscribers. He also uses the Banyan Hill Publishing website to inform investors about some of the information that he feels need to be addressed.

Back to technology stocks, Paul Mampilly believes that the internet of things will bring a revolution in the industry. He predicts that its growth in the next few years will be huge. For those who have no idea about the IoT, it is a technology that enables devices to connect to the internet in such a way that they can share information amongst themselves.

The Internet of Things will not grow in isolation; it will be accompanied by technology companies. Due to the nature of the information involved in the development of this technology, Paul Mampilly is predicting growth in companies that deal with robotics, drones, autonomous cars, programming and data sorting among many others that deal with artificial intelligence. Paul Mampilly predicts that there will be a technology boom created by IoT.

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