Renowned investor Kenneth Andrade has recently revealed his strategy of avoiding banks and financials in favor of power and pharma stocks. In an interview, Andrade explained that his decision is based on his belief that power and pharma sectors have better growth prospects and less regulatory risks compared to the banking sector. He also highlighted the positive long-term outlook for these sectors due to increasing demand and government initiatives. Andrade’s investment approach is aimed at capitalizing on the rising demand for power and pharmaceutical products and services in India and the positive macroeconomic factors affecting these sectors. By diversifying his portfolio away from banks and financials, Andrade aims to achieve higher returns while managing risks effectively.