Global Thematic Investors: The Great Crossover
My
thanks to Iain Little and Bruce Albrecht for their excellent publication
on the subject of long-term investment themes. It is posted without further
comment except that I commend it to you. Here is a brief sample
Amazingly, the single most important economic and political event in our generation, maybe for any generation in history, has not yet changed investment habits or our language itself. And if you had to summarise what GTI is about, it is about this event. So we care deeply about it.
We call it "The Great Crossover" - the fact that China and the West are changing places - consumption and growth are growing in China, and declining in the mature economies. Here it is, in a chart as simple and direct as Crick and Watson's double helix or a photo of Neil Armstrong on the moon.
