|
The Software sector used to be a tiny 0.10% of GDP in 1994 but currently accounts for more than 8% of GDP.The Auto Ancillary sector used to export 0.5 USD billion in 2000 and currently exports more than 2 bln USD. Its market capitalization in the past 5 years has grown over 3 times from 6 USD bln to over 21 bln USD.
Opportunities like these abound for the ones who are patient enough to understand that true wealth is created through a leap of faith in seeing an opportunity where other sees risk.
But identifying these companies is just one part of the wealth creation effort. What is needed too, is the presence of a suitable investing environment that ensures that these investments are nurtured from their infancy to the time they grow to their true potential. For such companies to start with are small and need a lot of trust and faith. To therefore really share in their explosive growth, you not only need a small manageable corpus but also long-term and patient investors.
|
