Everyone wants to live the dream and retire young, but most people end up working late into their sixties. Paul Mampilly is an investor who due to his astounding investment picks, was able to retire before his forty-fifth birthday. He was one of the few who saw the enormous growth potential of the company Amazon when others were not so sure of and he made many wise investment choices. Paul Mampilly worked as a hedge fund manager, giving him Wall Street experience that many average investors lack. As a hedge fund manager, he helped Kinetics Asset Management fund grow from 6 billion to 25 billion. His predictions involving investments have come out accurate, so if he gives out investment advice, it may be wise to listen.
Paul Mampilly wrote a newsletter last year urging investors that a hot area to invest in would be precision medicine. He anticipated that precision medicine would explode and following his stock recommendations could have netted an investor ten times their investment. According to Paul Mampilly, the pharmaceutical industry doesn’t focus on the actual curing of a disease but focus on treating symptoms of an underlying disease. Some companies with a focus on precision medicine treatments analyze a patient’s DNA and sort the data matching individuals with treatment solutions that fit their genetic profile. It used to be that doctors would recommend a treatment with the overall greatest success rate, but some patients had factors that made the treatment ineffective for them. Precision medicine will become so advanced that eventually, a doctor will be able to look at a patient’s genome and be able to recommend the best treatment based on the individual.
Paul Mampilly says there are several very promising biotech companies that are working on promising innovations regarding precision medicine. In a recent publication of his newsletter Profits Unlimited, he has promised to release the names of one such company. He also publishes a magazine called Extreme Fortunes where he advises saving for retirement and gives tips for the average individual to help them avoid working past the age of sixty-five.