India has structural issues. They are struggling with how to control monetary policy. There are overnight inflation rates. Have food inflation. Have multiple challenges from a regulatory and policy standpoint. Not bullish on this in the next 2-3 years.
Looking at the assets they have in their balance sheet, it is all about pricing power. The ability to take the commodity price increase and pass it on in the form of price hikes to its customers. He is going to hold this one for several years to come.
Avocados. Looking at consumption patterns, trends, and how the US population has changed demographically. Usage is on the increase and it’s exponential.
Limited partnership. All about midstream oil/gas assets. Structured so that it owns core assets in oil and gas. These assets pay cash flow i.e. tolls on a pipeline. Pays cash flow out in the form of a dividend. Dividend yield of 5%.