
Investing Power Hour #65: FTC vs. $MSFT (again); Short Report on $XPOF; Retail Shoplifting Issues
Chit Chat Stocks
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The Long Term Growth of Air Conditioners
There's always going to be something that a company doesn't do perfect, so you can really formulate a short report. I think the key is whether do they generate cash? Like some companies are not doing things that maybe people like, right? And if they generate cash, then the debate is whether how sustainable that cash generation is. But let me get to a question here from Andrew Marshall. The long term growth of air conditioner is funny enough. In 2020, the number of air conditioners in use globally, say 2020 or today, is about $2 billion. If we look at the projections for 2050, it's probably over, say, $5.5 billion with India getting
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