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Paul Mampilly Says Internet Of Things Is Now Being Used In Airplanes

The Internet of Things is a term used to describe the technology revolution, and it encompasses niches like robotics, artificial intelligence, machine learning with Big Data and digital currency and its algorithms. It is of particular interest to Paul Mampilly, a former Wall Street executive who now writes for Banyan Hill as an editor. Mampilly tells his readers that the IoT has already.started to make its way into plane engines like the Pratt & Whitney PW1000G which uses the data as part of its engine sensors. Soon it will be widespread in regular vehicles, smart appliances and other basic consumer products, and you can already start buying IoT ETFs. One that Mampilly recommends is the VanEck Vectors Semiconductor ETF.Visit stocktwits.com to learn more.

Paul Mampilly has been writing for Banyan Hill for about two years now, but long before he started sharing his knowledge with them he was out researching the stock market in great detail. He accurately predicted both the tech bubble bust and the subprime mortgage crash. He received his bachelor’s degree at Montclair State University after coming to the US from a working family in India. He started out in the Wall Street ranks as a research assistant at Deutsche Bank in 1991, and after doing stints at Banker’s Trust, IMG and Capuchin Consulting, Paul Mampillybecame managing director of Wall Street’s hottest new upstart hedge fund, Kinetics International Fund. He had already had experience making investment decisions for clients with over $1 million in their accounts, and then at Kinetics International Fund he started managing over $6 billion in assets, though that number soon grew to over $25 billion.

Paul Mampilly certainly made his time in the corporate culture of Wall Street count as he made several appearances on cable business TV networks and also won the Templeton Foundation’s investment competition. But he started realizing that managing a hedge fund took a lot of office hours, and he was losing time he needed to spend with his family. Mampilly never really thought he belonged with the Wall Street crowd either, and his real goal was to help the rest of the 99℅ on Main Street who truly needed pointers on building wealth through investing. So he put together newsletters that allowed the readers to look over his shoulder and see how a portfolio could be run. His newsletters have brought in over 60,000 subscribers who have given him glowing reviews on his tips.

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