My Electrician Drives a Porsche?
Investing in the Rise of the New Spending Class
by:
Gianni Kovacevic
in:
Investing
Summary:
The book explores the emerging consumer class in developing countries and the investment opportunities they present, particularly in the context of the global shift towards green energy. It follows a narrative journey of an investor and an electrician, using their discussions to illustrate how the rise of this new spending class will drive future economic trends and the importance of copper and other commodities in the green revolution.
Key points:
1. New Middle Class Growth: Kovacevic notes the rise of a large middle class in countries like China and India, leading to higher demand for various products and services.
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