During his time as a hedge fund manager Paul Mampilly was in charge of multi-million dollar accounts. He won a number of investing awards and was sought out by some of the biggest hedge funds and financial institutions on Wall Street. He continues to research what companies to invest in and supplies this information to his readers.
He thinks the next big opportunity to invest in is food companies. The reason why is that the millennial generation is huge and is largely unable to cook for themselves. Both of their parents often worked and they were left to fend for themselves when it came to dinner time. He says that many innovative food companies are now catering to non-cooking millennials and he views it as a big opportunity for investors.
Paul Mampilly says that his research shows that those in the millennial generation spend more money eating out at restaurants than any other generation. They spend on average $50 a week buying restaurant food whether that is eating out or doing take out. Now that they are having kids themselves they are needing to come up with ways to feed themselves at home.
He sees food delivery companies as a great investment. These companies, like Blue Apron and Plated, come in packages where everything is already pre-cut and measured. Paul Mampilly says that people just need to follow simple directions and they can get a great dinner on the table for their family by using these services.
He points out that millennials are highly educated and can spot trends. They have seen that the obesity rate in America is out of control and that other health conditions like diabetes are on the rise. They are turning to the food delivery companies not just because they’re more convenient but also because the food is healthy and nutritious.
Paul Mampilly feels that now is the perfect time for investors to buy the stocks of the food delivery companies. He thinks they will really take off as they increasingly cater to specialized diets such as paleo, vegan, and vegetarian.
The hunger for fame seems to have hit the roof in recent times. People are trying, by all means possible, to be famous- for good and bad reasons. One of the groups of people who are greatly affected are the corporate heads. CEOs and chairmen of corporates who we see in the news seem to have an insatiable hunger for attention. These are people who will appear just to please their ego and make everyone think that they are important. The idea of being famous is associated with being prosperous. However, we should not strive to become popular for anything. People become prominent and popular for doing something extraordinary. Some of the prominent people in the businesses sector have attained the fame without ever appearing on TV. Such people include Jack Ma, Steve Jobs, and Richard Branson. These are people who made innovations which propelled them to fame.
Famous people do not always get it easy. Sometimes they face much aggression in their path of implementing ideas. A good example is Steve Jobs. He was once thrown out by the directors of Apple after they were displeased by the vision he had, yet he was the founder.
Watching famous people keenly is necessary. Most of them are heads of companies worth billions of dollars, and if they not monitored, they can make mistakes which can bring huge losses to the company. Remember, people are always looking for the opinion of such people to determine the direction of the stock market.
About Paul Mampilly
Paul Mampilly is a former hedge fund manager of the Kinetics Asset Management. He has worked in the Wall Street for the past two decades. He is one of the people the most successful people in the history of the United States. In the two decades that Paul Mampilly was in the Wall Street, he assisted the wealthy in creating wealth by investing on their behalf. He left when he made enough money and wanted to transfer to a different sector. Paul Mampilly is now assisting average investors in creating wealth by investing in the stock market.