Technology

Fortune favors gold

A year ago, we wanted to add a technology editor to our staff. A summary crossed my editor’s desk …

Did you work on Wall Street? Check.

Did you run a successful hedge fund? Check.

The editor asked my opinion. “Well, it’s one thing to make money in a bull market in tech stocks,” I said. “But a good stock picker can find opportunities even in the most hated sectors of the market.”

But Paul Mampilly, our “new kid,” rose to the challenge with this outrageous: “Stop panic selling gold mining stocks.”

And the rest is history …

Paul made a bold appeal last February: “This is just the first entry into a monstrous bull market for gold mining stocks,” he wrote. “You could earn 100% to 200% over the next 12 months.”

But Paul was wrong.

Investors who bought something like the VanEck vectors junior gold miners ETF (Nasdaq: GDXJ) the next day – doubled your money in less than six months.

Maybe he was lucky.

I mean, Paul himself will tell you that gold stocks are not his thing. You like to spend your time looking for investment megatrends, not the geological versions (like Nevada’s Carlin Trend) that mining companies dig up.

But careful readers will notice other specific calls Paul made that have worked quite well.

Hunt megatrends in stocks

A few months passed, and Paul wanted to focus on finding “megatrend” opportunities among some of the most followed tech stocks on Wall Street.

Again, it was possible to have doubts. I mean, what could he see that 99% of Wall Street strategists and research analysts couldn’t?

Much, it turns out.

He has recommended 11 actions; all of them are still in the portfolio. His best recommendation is up almost 45% (in three months). Its worst? Down 3%.

That’s when we really recognized Paul’s fort …

Paul has that rare (and very valuable) ability to identify extremes.

It gave us an idea …

Extreme fortunes

Why not let Paul go and allow him to use his abilities to the fullest?

Paul’s goal is simple:

Target and capture small business stocks with the potential for multiple 1,000% earnings. That means there are no penny stocks, no options or extreme forms of leverage.

Paul will continue to do what he has always done: read stacks of books, sift through them for his most profitable “big ideas,” and then sift through volumes of corporate documents and market data in real time to find the best investment candidates.

After that, as yet another filter, he adds his many years of experience as a hedge fund manager and analyst. Only then do you identify the true “diamonds in the rough” among the hundreds of small companies listed on the major stock exchanges. (The vast majority of them are covered and overlooked by Wall Street.)

Paul demonstrated the value of his stock picking skills to investors in his $ 7 billion hedge fund …

He demonstrated those skills to readers over the past year …

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