Are you an investor? Paul Mampilly, an award winning investor with decades of experience, says that the food industry has a great future. Many young people do not know how to cook. Perhaps some of this has to do with technology. Maybe they are spending more time on their phones, or maybe they are simply used to using the microwave. In any case, they are a great target audience.
— Paul Mampilly (@Paul_M_Guru) September 23, 2017
Millennials are known to eat out a lot. On average, a millennial will spend fifty dollars each week eating out. Many millennials are getting married and starting families. These millennials need to figure out ways to cook good food for their kids. Many millennials are educated, which should be taken into account when targeting them. Many are into various health and fitness ideas, because they know how bad food can cause diabetes and weight gain. They are also interested in various services that deliver food to them. This is very convenient for them. They especially like the services that will deliver healthy food options to them. If you are an investor, you should think about investing in these kinds of companies, according to Paul Mampilly.
Paul Mampilly recommends some other industries as well. For example, there is the medical industry. Precision medicine is all the craze now. Precision medicine uses technology to figure out a person’s medical history and come up with the best medical treatment that is personalized for him or her. This kind of technology continues to be improved on. More and more doctors are embracing this kind of medicine and moving away from the one size fits all kind of medicine that was practiced until now. As more and more doctors embrace it, more and more millennials are going to be getting that kind of treatment. It is a good idea to invest in it now.
Paul Mampilly won the Templeton Award for his investments after it was revealed that they had a seventy six percent return on investment. He is the kind of person who knows how to invest in such a way that will let you retire when you are in your forties. He has been featured on major media outlets, such as CNBC. Paul Mampilly was born in India and moved to the United States when he was young. He started his career at Deutsche Bank.
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