Kenneth Andrade on why he is avoiding banks & financials; betting on power, pharma stocks
Kenneth Andrade anticipates significant growth in the power market, emphasizing massive investments in energy capex equivalent to India\’s GDP over the next 15 years. He discusses the impact on various sectors and the rationale behind his pharma holdings, focusing on profitability potential. Andrade says he is avoiding banks because he chooses to be on the asset side and not on the liability side.