Category: Investment Services

Paul Mampilly Talks AboutBitcoin’s Bubble

Cryptocurrencies have a lot of benefits for those interesting in digitizing money. As of right now, there are no government controls on Bitcoin which make it a little like precious metals as not having central banks regulating its interest rate, and there are also easy ways to convert it back to regular currency. Investment expert Paul Mampilly did a piece on Bitcoin recently noting how its stocks shot up in early 2017. Mampilly admitted even he had missed out on the opportunity to inform his readers of this stock and might have encouraged them to buy it when it was low, but now he says they should stay away from it.

Paul Mampilly says that Bitcoin is like all other stocks that start out small, but if they become really popular and see their prices overshoot where their highs should be, they’re likely to form bubbles. He said this is what happened back in the years from 2000 to 2002 during the dot-com bubble. Obviously, the internet did become the future of business, but investors were buying into it a little too soon and expecting dot-com companies would yield profits before they were ready to. As a result, a bubble was formed and eventually crashed. Mampilly says the same thing is happening with Bitcoin and though some rebounds are expected, Bitcoin stocks in general are on a decline. He told his followers they should consider investing in a different digital currency that is already out there, and he shares that with his subscribers at his Profits Unlimited newsletter.

Paul Mampilly is a graduate of Montclair State University and was in banking with ING, Deutsche Bank, Sears, Banker’s Trust and Royal Bank of Scotland. He also was a portfolio advisor for Kinetics International Fund for several years during which he grew the company’s assets under management by $19 billion. He also helped clients make investments that yielded up to 43% in returns, making Kinetics International Fund one of the featured hedge funds of Barron’s magazine. Mampilly also was the winner of the Templeton Foundation competition of 2008 for making a $50 million investment that gained 76% during the highest point of the recession. He is also credited with picking Facebook and Netflix stocks prior to their reaching popularity, and even today he still shares his personal portfolio with newsletter subscribers. What has made Paul Mampilly popular is not only his market knowledge, but also his ability to make investing easy for others to understand.

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Highland Capital’s Chief Investment Officer and Co-founder Mark Okada Discusses the Fall of US Bull Market on Bloomberg Daybreak – America

Highland Capital, one of the most reputable alternative investment advisory firms in the U.S. and largest firm in Dallas, TX offers advice to stakeholders, institutions, and corporations. CIO and Founding Partner, Mark Okada knows the markets and often appears on media to discuss various topics about national and global markets. In December 2016, he appeared on Bloomberg Daybreak – America to discuss the fall of the bull market in the U.S. He was faced with tough questions asked by three other panelists who appeared on the show regarding the end of the bull market. Mr. Okada discussed only facts about the real economy, pro-growth, monetary policy, and negative interest rates.

In 33 years, the bull market has consistently decreased starting from 1984 based on a 30-year chart of 10-year treasury yields in the United States. Only time will tell if the bond market will increase anytime soon in the future under new government leadership. Mark Okada told Bloomberg Daybreak that it’s the flows and what is really happening with the economy. He said the country has had a one half trillion dollars of retail flows into bond funds over the last 10 years and nothing going into equities. It’s starting to turn a bit and while the flows are going the other way, there will be a tilt against the bond market, Okada explained.

Economic indicators are showing full employment and wage pressures moving the economy. The governments and central banks are dealing with Americans seeing a flip from inflation to deflation, Mark Okada believes. He says the election isn’t about President Trump, but the Republican sweep. If the government focuses pro-growth things and get something done, the fiscal can happen, he said. The U.S. bond market is backing up because money is flowing back some.

Highland Capital Management has a 26-year history providing advisory investment services. The firm and its affiliates are manager of $18 billion in assets the end of 2016. CIO Okada and other executives at Highland appears frequently on the media to provide insight on trading and the economy.