Paul Mampilly Not Bullish On Marijuana Stocks

Paul Mampilly is a man known for making bold predictions. This tendency is in direct contrast to the hesitancy of many in the investment industry to stake their reputation on the investment advice that they give.

Those that know Paul Mampilly are sure that the confidence he displays is a result of the years of experience and success he has already realized in the industry. While working as the key hedge fund manager for Kinetics Asset Management, Mampilly grew the fund that he managed from its original value of $6 billion to $25 billion. The fund also yielded and an average of 26% annually under Mampilly’s stewardship. Read more about Paul Mampilly at Talk Markets.

Paul Mampilly’s success has not gone unnoticed by media sources. He has been featured in a number of news articles both printed and electronic. Mampilly’s work has also been publicized on television programs featured on CNBC, Fox Business, and Bloomberg Television.

A recently published article by Banyan Hill Publishing allowed Mampilly to express his opinions about the marijuana stocks that are all the rave in some investment circles. Mampilly is not recommending investment in these stocks.

Marijuana Stocks Rapid Rise

The legalized cannabis industry today is a $7 billion industry that is expected to grow to $24 billion by the end of a measured period of eight years. Adding to the excitement surrounding marijuana stocks is the fact that some companies in the industry saw more than a 2000% increase in value. Despite what many see as a gold mine, Paul Mampilly urges his followers away from the marijuana industry. Read this article at Seeking Alpha.

Paul Mampilly’s Case Against Marijuana Stocks

Mampilly explains that marijuana stocks actually been a slow decline soon after the rapid rise that excited so many investors. For this reason, he fills that the present investment climate for these stocks are too unstable for the average American to risk.

Through his newsletter, Profits Unlimited, Paul Mampilly alerts his reader to another investment opportunity that he boldly proclaims will generate more profits than marijuana stocks and bitcoin combined. Mampilly predicts that the pick he has given his readers will rise in value from around $235 billion to more than $4 trillion in the next four years.

Profits Unlimited

Paul Mampilly uses his Profits Unlimited newsletter to provide the average American with information regarding the stock market and provide them an edge in the investment industry. More than 100,000 readers subscribe to Profits Unlimited.