The Encouragement That Investors Are Being Given By Paul Mampilly To Focus On The Internet Of Things
There is an article that was posted by Banyan Hill Publishing on July 5 Paul Mampilly wrote the article. In the article, the advice that he gave the people is how they could invest early to help them in the future. At the start of the article he states how it is helpful in offering kids with the knowledge of investing, how the stock works and finances. That has been of help to his kids too. His kids learned from an expert because at an early age of 42 he had already retired because all the investment he had made were successful and the career that he had at Wall Street offering his services as the hedge fund manager was paying off. According to Paul Mampilly, the knowledge his kids have about money and investment is higher compared to that of many adults.
In the article he states how investing in the future can be risky. The reason why that happens often is that the innovation may look good at first, but when it comes to long-term, it will not be that successful. When it comes to technologies, they will be simply trends, and they will merely be replaced with time. However, in the article, Paul said that the technologies that will work would be the futuristic technologies and its one of the investment someone can make.
The one thing that Paul Mampilly has emphasised on in the past, and he wrote it again in this article is the “Internet of things”. The term means those devices that will be internet connected and they will have the camera sensors or any technology that will have the ability to be able to collect the data and transit too. In short, it means those devices that will be able to communicate with each other or by people using them. The idea seems like a futuristic one that the devices can be connected, and they will communicate, although the internet of things is slowly gaining the momentum. In the article, the other thing that Paul Mampilly mentioned is the Pratt $ Whitney PW1000G that’s a plane engine. The good thing about the engines is that it will have 500 individual sensors, and it will be able to generate 10GB data.