Amazon made what many have called one of the most disruptive deals in healthcare made in history when it announced a partnership with Berkshire Hathaway and JP Morgan Chase to rollout new prescription purchase plans. Paul Mampilly, an author and investment advisor for Banyan Hill had previously warned about Amazon’s activities telling investors that some healthcare stocks were going to suffer as a result of this. But he took a different tone in a more recent article about Amazon’s move saying that although Amazon has wiped out a number of companies and certainly will be changing things in healthcare, it may not spell the end of healthcare the way some are predicting.
Paul Mampilly described some of Amazon’s previous entries into other industries like food distribution and wholesale when they bought Whole Foods. This merger caused Kroger’s stocks to go down initially, but the new business model showed flaws in its initial phase and since then Kroger has come roaring back in the market. Mampilly also noted how they seemed to bump Netflix off of its online streaming perch when they opened Amazon Prime, but Netflix responded to that and also saw its stock shoot back up and is showing they can compete as well as ever with the e-commerce giant. All these point to signs that healthcare may not be as dead as Amazon would have you believe. Read more at Talk Markets about Paul Mampilly
This new form of energy is going to disrupt at least three major parts of our economy. And I believe it’s going to make massive fortunes for those who invest in it.#trading #StockMarket #stockshttps://t.co/jNvWn8D1p2
— Paul Mampilly (@Paul_M_Guru) January 25, 2018
Paul Mampilly is a graduate of Montclair State University, a former manager at Deutsche Bank, ING and Baker’s Trust, and former Managing Director of Kinetics International Fund. During his professional career, he’s managed billions is assets for fortune 500 companies, institutional investors, investment banks and other upscale hedge fund clients. He’s also known for winning the Templeton Foundation investment competition for taking $50 million and buying some of the few profitable stocks during the 2008 recession and gaining 76% on them in one year. He also has been in stories in Barron’s magazine and a guest on the Fox Business Network and CNBC.
Paul Mampilly made a lot of money as a professional, but he renounced that job because he wasn’t getting to be with his family much, and he wanted to help people other than the top 1%. He moved out of Wall Street and into a more suburban area of Raleigh, NC, but he continued to buy stocks and invest and decided to tell others how to do it right through newsletters and articles at Banyan Hill. This company offers investment information for a lower price than most other premium newsletters, and Mampilly gives his followers a detailed look at his portfolio and explains investing in simple terms. His first newsletter, “Profits Unlimited” became so popular that over 60,000 subscribers signed up in just three months. You can get access to that newsletter and others by signing up at www.BanyanHill.com. Read more: https://stocktwits.com/paulmampilly