Generations Taking Flight: A Personal Lens on Progress
How earlier milestones like first flights signal real wage growth, premiumisation, and an optimistic investing horizon for the next generation
Everyone talks about Optimism, future growth expectations and what not.
If you have to ask me about one single quote, it has to be this:
“The next generation will be much better off than the previous one”
Maybe Buffett made this quote, maybe there are versions of this that you get to hear on a daily basis, whatever the case is - point is, this post has been around forever.
I took my first flight when I was probably 12.
My father must have taken it when he was 25 for work.
I was blessed with a baby boy this year, he took his first flight when he was not even 6 months old.
If this is not premiumisation at play then I don’t know what is.
Sure, we all like talking about expensive watches, fancy cars and experiential vacations and all of that but if you have to really see how the consumption engine keeps running on full throttle, look out for this.
And we are not even talking about basics any more.
Go a little lower on the income pyramid, everyone has same aspirations as you do.
These are signs of the country doing well and the cohort around you doing well.
This will not happen if there is no real wage growth and no income growth.
The next generation is always better off than the previous generation.
This is a great paradigm and a lens to think from when you look at investing.
We use this lens and find out which companies are inflecting on growth.
In the next 11 days, we are getting the deck ready to present the Growth Titans of Q2.
It is going to be a 2 hour power packed session where we uncover companies that are inflecting on growth and should definitely be in our radar as fantastic case studies of entities that are showing resilience when skeptics are trying to write off the India Growth Story.
