Water Investing Gets Even Hotter

When hedge fund manager Michael Burry was looking for another investment after his “big short” using over the counter derivatives to benefit from the 2008 global financial crisis, it took patience and fortitude to fend off naysayers. After this investment, he was attracted to another investment with similar qualities. The investment he found with a potentially long-term time horizon was based on negative societal circumstance where the primary performance drivers were yet to be widely realized by “the consensus.” The investment manager famously featured in the “Big Short” movie landed on one investment: water. [timeless] Water is an increasingly depleted…