At this year’s London Sohn Conference, held in person on November 16, Shashin Shah, the manager of San Francisco-based hedge fund Think Investments, took to the stage to outline his favorite investment idea.
The long/short hedge fund has a global mandate, and Shah’s idea plays on one of the next decade's most significant potential growth themes.
Explosive Growth in the Indian Cell Phone Sector
Shah started his presentation with a basic Indian saying, roti, kapada aur makaan. Translated as food, clothing, and shelter, the saying summarizes the basic necessities of life for the average Indian.
But, as the...