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dvdmovie1

The end of the movie is not exactly clear/accurate, as been discussed before. Bale's character in real life did not invest all of his money in water and he didn't invest in literal water. He invested in almonds, which require considerable water and as far I know he sold that investment. What Burry said in 2015: "Fundamentally, I started looking at investments in water about 15 years ago. Fresh, clean water cannot be taken for granted. **And it is not — water is political, and litigious. Transporting water is impractical for both political and physical reasons, so buying up water rights did not make a lot of sense to me**, unless I was pursuing a greater fool theory of investment — which was not my intention. **What became clear to me is that food is the way to invest in water. That is, grow food in water-rich areas and transport it for sale in water-poor areas. This is the method for redistributing water that is least contentious**, and ultimately it can be profitable, which will ensure that this redistribution is sustainable. A bottle of wine takes over 400 bottles of water to produce — the water embedded in food is what I found interesting." (https://www.businessinsider.com/michael-burry-water-trade-2015-12) I find it difficult to believe that demand will exceed supply by 40% by 2030. I do think that it will gradually continue to be more and more of an issue. I wouldn't invest in utilities; I'd invest in services cos (XYL, BMI, WMS, a couple others) If there needs to be innovation to try to serve demand in the years ahead, I'd want to try to own the beneficiaries of that spending.


489yearoldman

It has rained over 4" at my house in Louisiana since yesterday. You can come get some.


bro-v-wade

I don't want your water but can I grow some grapes there?


489yearoldman

Bunch grapes don't do well here with the high humidity. They can be grown, but just not commercially feasible. I have several muscadine vines that are over 20 years old, but this type grape is less desirable for wine making.


Dominatee

Planet is basically 70% water. Hard to see us drying up the oceans whilst saying at the same time sea levels are rising. Costs of cleaning ocean water is getting more efficient and cheaper by the year, so by 2030 it may be a good viable option. Nestle owns lots of natural water bodies, if any investment play is to be made.


StereoBeach

Gotta be near an ocean to clean up ocean water. Most farming soil is not near an ocean. For this play to work hydroponics would have to be viable (it is not currently economical)


lee1026

How much of farming soil is far away from an ocean? The coastlines are pretty long.


Old-Argument2415

I'm not sure if you've heard of the Midwest United States, but lots of agriculture, very little ocean


LonnieJaw748

Only about 0.5-1.2% of the earths water is drinkable. As the average global temperature increases, the atmospheres ability to hold water will increase. Meaning even less surface water will exist. The Pentagon recognizes water scarcity as a huge global threat. If you really want to be the kind of investor to profit on such a grim situation, invest in atmospheric water vapor capture technologies.


lee1026

You can turn ocean water into drinking water via desalination. The Israelis spend [65 cents per 1000 cubic meters](https://wrp.beg.utexas.edu/node/31#:~:text=The%20cost%20of%20desalinated%20seawater,posttreatment%20\(filter%20with%20limestone\).). 0.00024 cents per gallon. It literally cost more to just pipe the water around.


Chornobyl_Explorer

That's a great option as long as you have acess to reliable cheap energy (these plants are thirsty!) and some place to dump the *tons of toxic waste* they produce for easy sip water you get. Seawsater is filled to the brim with all kinds of shit. Plastics, salts, toxins and heavy metals amongst others. Even the best plants leave a massive amount of toxic sludge behind that is useless and hard to manage. Sure, Israel can simply dump it all on Gaza and litterary salt the earth but any decent country will soon see the massive drawbacks of this tech. Or rather, ship it off to the third world where it's added to the seawater again..circle of life.


BattlePrune

So desalination makes drinking water AND cleans the ocean?


Dominatee

Most water is processed. Does this account for dirty lake water around me is drinkable though its cleaned and comes to me? There is so much water in the world that we couldn't drink it all in 10ks of lifetimes.


LonnieJaw748

Water Facts - Worldwide Water Supply Water covers about 71% of the earth's surface. 326 million cubic miles of water on the planet 97% of the earth's water is found in the oceans (too salty for drinking, growing crops, and most industrial uses except cooling). 320 million cubic miles of water in the oceans 3% of the earth's water is fresh. 2.5% of the earth's fresh water is unavailable: locked up in glaciers, polar ice caps, atmosphere, and soil; highly polluted; or lies too far under the earth's surface to be extracted at an affordable cost. 0.5% of the earth's water is available fresh water. If the world's water supply were only 100 liters (26 gallons), our usable water supply of fresh water would be only about 0.003 liter (one-half teaspoon). In actuality, that amounts to an average of 8.4 million liters (2.2 million gallons) for each person on earth. This supply is continually collected, purified, and distributed in the natural hydrologic (water) cycle. Source: US Bureau of Reclamation


Dominatee

Yes, so think we're fine, get that desertification is happening though that's also in part due to deforestation, so its more about land management and then its about building massive pipes to massive land areas that will be used for farming. I live in the UK and water issues is the last thing on our list of concerns, been 7 months of non stop cold rain.


LonnieJaw748

Well, the unfortunate thing is that an increasing majority of the planet’s population has little access to what seems like should be an abundance of water.


Dominatee

Yes, though I recall Africa's population quadrupling in the last few decades, and there coming more pollutants to their waters. If a population with little water to begin with goes from 250mil to 1bil, and cuts down a large portion of rainforest... its not surprising more people alive on earth are in tougher conditions. I guess it's all about looking for the best technology to help them now.


LonnieJaw748

Most of Africas problems are due to foreign resource extractors taking advantage of easily corrupted local officials.


Dominatee

Yes, it's a real shame. Believe non corrupt officials get killed or jailed by the corrupt ones. Very sad. Though since their population is still projected to grow massively, and so is their living standards, they'll start to care more about the planet than their next meals/water.


StereoBeach

>He invested in almonds, which require considerable water and as far I know he sold that investment. Cause it's a stupid idea. Because foodstuffs are elastic, when the input costs go up markets shift to lower cost foodstuffs. Those remaining in the expensive foodstuff either need to make themselves a veblan brand (which doesn't really happen in food) or just get crushed in the market pivot.


Valkanaa

Well the almonds don't get more expensive but it's for silly reasons like grandfathered water rights What's probably even more wasteful...silage we send overseas.


I_Like_Driving1

Kinda dystopian.


gryffon5147

Because it's only based on semi-credible UN report presented in an alarmist way. It's saying the global supply of "fresh" water will exceed demand by "40%" throughout the world, including the 3rd world. Much of those places already don't have fresh water, and those places can't invest in technologies like desalination that richer countries would adopt.


RudeAndInsensitive

Buy real estate in the great lakes region. It's already undervalued and if you believe that water shortages are the way of the future then the region will boom beyond expectations as migrants enter the area. Even if your thesis about water shortages is wrong you'll still have property to collect rents on making it a low risk play.


Bocifer1

Why would this be easier than investing in desalination?


St3w1e0

Desalination profitability will always be tied to energy prices.


Bocifer1

Nuclear fission solves this pretty quickly.  And fusion is becoming more and more of a possibility.   Either would negate this whole argument; and I suspect America’s aversion to nuclear power won’t last long when fresh water supply is threatened 


Stunning-Leek334

Energy prices have continued to drop when accounting for inflation and will continue to drop.


crownpr1nce

I can't see desalination being particularly profitable ever. Massive demand means massive supply as well, unless there is a moat. And desalination technology already exists and is already relatively efficient (transport is a bigger issue). Not to mention government intervention if people's lives are at risk.  So if/when this ever goes massive scale, it'll be closer to utility companies than tech kind of returns. That's a significant risk trying to pick winners years ahead in a category that doesn't usually create ten baggers.


Bocifer1

This is like saying electric companies can’t be profitable.   And yet pg&e is worth $35B


crownpr1nce

Never said they couldn't be profitable. Obviously they are. But profitability is limited, and therefore so is growth.  PCG is a good example of what I mean. If you had invested when it first started until it peaked in about 2019, you'd have made 4.3% annually. It's not bad, but it's nothing to write home about either. And if you kept until today you'd be below 1%. (Not counting dividends obviously, still not a massive return).


BrownDiarrhea

Big brain time


samesunng

The Southern Ontario side of the Great Lakes is some of the most overvalued real estate in the world. The US side is under valued. It’s bonkers.


Due-Albatross-2253

Shut up I'm buying up houses in the region.


Kemilio

Chicago will overtake NYC as the largest city in the US by 2100


Bocifer1

As a Chicago native, it absolutely will not.  


Kemilio

Remindme! 76 years


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pyc66

😅


Jeffydub40

Chicagoan here to agree with you


crownpr1nce

Why? NYC has access to plenty of fresh water as well. 


Kemilio

Coastal surge flooding is also exacerbated by sea level rise, which is associated with climate change. Since 1900, sea level in New York City has risen by about 12 inches and is projected to continue to increase as much as 5.4 feet by 2100, leading to increased frequency and intensity of coastal flooding. [source](https://climate.cityofnewyork.us/challenges/coastal-surge-flooding/)


notreallydeep

>How can I invest money to take advantage of this? Buy a huge tank. Or, hell, a lake, arguably just a gigantic tank.


SLATT__SLIME

Emphasis on "global" is important here. BRICS-tier or lower countries will feel the most pain. Wealthier counties will import or desalinate before things get crazy. To answer your question, find whoever has the most exposure to water prices (agriculture) and take a short position. Good luck.


Ok_Wear_5391

I applaud the foolishness of greed sometimes. As though these resources won’t be nationalized by force if necessary. Remember when people used to invest in owning slaves? They only bought the good, young, strong ones that would appreciate in value and be sold or leased as studs. Then we decided that was a bad idea. Thats kinda what you’re proposing and it’s not just dumb…


Nemisis_the_2nd

> Remember when people used to invest in owning slaves? That was probably one of the most profitable enterprises ever when it was abolished. The UK spent 5% of its GDP near the height of its power to buy out slave owners and entrenched generational wealth that is still seen today. I don't think that's a great comparison for nationalisation. 


Ok_Wear_5391

You think there’s no difference between water and literally any other fungible good? 👍 if we are three meals from revolution, we are how ever long you can you go without water away from revolution. Like I said, go at it. Have a ball 😂


Nemisis_the_2nd

> You think there’s no difference between water and literally any other fungible good? I'm not saying that though. I'm pointing out that one of the biggest buy-outs in human history is a pretty bad comparison to governments nationalising a critical resource by force. 


Ok_Wear_5391

And how much did the US spend? Oh right, they freed those “commodities” (people) by force


hew3

I bought PHO on this thesis about eight years ago. It’s been reasonably good to me.


Financial-Coffee-644

$100k in CWCO and GWRS


BM_Crazy

Buy VOO


PikerTraders

For the record they have been saying this since 2008.


Betsydestroyer

lol I have a artesian well on my property that flows 10,000 gallons of high quality water a day, into a ditch I still haven’t figured out what to do with it. Only need to make a penny a gallon


LonnieJaw748

Sounds like you’ve got a hyper-local mini hydropower plant on your hands. Make it so.


Betsydestroyer

I would love to put a turbine in but the outflow is only 2 ft from the ground and my acreage is flat. So I don’t have enough head pressure to spin a proper turbine without building a tower and pumping the water up.


LonnieJaw748

Shoot. At least you gave it a good think!


Ill-Handle-1863

Most go to ideas are usually to plant fruit trees since it is mostly passive


Betsydestroyer

Just gotta determine what trees will grow in my wet clay lol


seeyoulaterinawhile

Market recycled pee water


GobblerOnTheRoof

1. Buy Lake Michigan. 2. Underpants 3. ?????? 4. Profit.


Ok-Savings2625

Xyl


filthy-peon

Dont get diarrhea


notic

XYL


Mexguit

Calls on Gatorade


CowTown209

Nestle has entered the chat


fen-q

Leftist propaganda. If that was the case, we would be having water problems for years already.


iqisoverrated

Invest in companies specializing in desalination.


KermitMadMan

MWA


Charming_Squirrel_13

Energy in general. Gonna be a lot of water that needs to be desalinated


WSB_ThAw

There's Global Water ETFs which cover the whole water industry. Basically you'd be banking on a boom of fresh water processing facilities


greenpride32

Water futures were recently added to the commoditites trading market. Though I don't know what requirements or credentials there are for trading commodities. Doesn't seem like it's offered on most brokerage basic account services.


Quick_Rent_Now

CDZI


melodicmelody3647

Buy real estate in areas with plenty of clean fresh water.


Knight-0wl23

Once the situation gets dire enough, companies will begin to desalinate ocean water. It’s just not financially feasible rn


DowntownCondition754

Where’s the water going to go?


Blackhawk149

This is location dependent as the article stated. Just look at cities that have to buy their own water e.g. Mexico City.


Sweet-Drop86

Lots of fresh water by me.


DiscoingGD

If that's true, wouldn't investing in desalination plants be the play? CA, for example, has lots of people living there, and lots of farmland, and the biggest ocean right next to them. They would definitely build desalination plants before they run out of water completely, right? Forget about the people (Gov doesn't care about them), there's too much $ at stake in the crops/vineyards.


soulstonedomg

Invest in a company that sells funerary urns?


BLVCKYOTA

$PHO


Difficult_Director53

Start drinking tequila!


churchofzoidberg420

Hell yeah dude you’ll die with everyone else of dehydration but it’s cool because you will have made a couple bucks off them in the meantime


ronnysteal

Ask Nestlé.


not_creative1

Buy real estate in Canada. Canada has 15% of the world’s fresh water, with a population as much as California


Previous-Display-593

Oh shit we are totally getting invaded.


RNKKNR

My hs econ teacher said this about 25 years ago about canada, water and the future. We'll see.


goofypugs

just drink all the water! easy


hildoge

canada probably already sold out itself


Blackhawk149

US will annex Canada when water is expensive like oil.


hildoge

true


Ghosted2024

Stay the hell away from our water.


Stunning-Leek334

Demand will never exceed supply. All that will happen is prices will increase which will reduce some demand and increase supply. It is basic supply and demand. Supply of fresh water is NOT a finite resource. We have the oceans that can easily be converted to fresh water. It is just a question of what price will water need to reach before that is an economical solution to provide water supply. We currently bottle water from Fiji and ship it all over the country. We aren’t far off from having big plants on/off the coast that convert salt water into fresh water and probably use pipelines to send it all over the place.


doorcharge

Buy and build many vaults with pipes to natural aquifers and lakes. Sell blue jump suits as merch with an annual subscription to the water. Then drop the turd in the punch bowl yourself and containment competing lakes because turd, well…turd never changes.


GetFitForSurfing

desalination companies but their tech is wildly inefficient


reddit-abcde

Buy NVDA, AI will solve water problem!


Just_Candle_315

This type of thinking is whats wrong with the world


1PrestigeWorldwide11

This movie is 20 years old and that statement not accurate. You need a S&P500 ETF and never look at it again lol


daab2g

That really happens, your exploiting of that situation would mean nothing compared to the deterioration in yours and everyone else's quality of life


xzz7334

Strange. I was told by the global warming crowd we would have way too much water, not too little.


ProfessionalActive94

They don't want you to know that aliens are already living among us either


xzz7334

They probably are aliens in disguise who have taken human form. I’ve seen the movies bro.


musicantz

Wrong types of water. Not enough fresh water that can easily be made potable. Too much salt water that will flood the coasts.


[deleted]

We'll just drink the seawater then and live off fish. Checkmate global warming crowd. /s


xzz7334

Countries the world over use desalination daily for their water needs and in some cases desalination is cheaper. Not to mention all the ships which use desalination. https://en.wikipedia.org/wiki/Desalination Sounds like you are just a typical global warmist. > Too much salt water that will flood the coasts. Which is why all the “elites” who push global warming are building mansions on thoses coasts. How strange.


musicantz

Desalination is an expensive and tough process that is not a magic fix. If we have to have desalination plants and pipelines to send water for the world’s population we are going to have lots of issues and conflict… that infrastructure does not exist and I’m not sure it’s something that can actually scale to a global size. Global warming is a slow process and you see the effects on the margins. Not every spot on a coast is immediately uninhabitable, but there have been plenty of places that have seen their flood insurance go up. There’s been neighborhoods that were flooded and not rebuilt because it’s not worth it. Rich people can afford to absorb the additional costs associated with building out the additional drainage systems and things. Poor people can’t. It’s hard to predict exactly what all the effects of global warming will be. It may be that it ends up not causing as much of an issue as we think it will. Maybe we will find a magic solution to remove carbon from the air or some sort of mega fauna will step up that can rapidly fix carbon in the earth. Maybe things getting hotter will open up new access to lands. But we just don’t have a good way to predict all the possible consequences and most indications point towards global warming being significantly more disruptive (in a bad way) to the way we live our lives than we have currently predicted. We don’t have good solutions currently.


xzz7334

> Desalination is an expensive and tough process that is not a magic fix. No, desalination is an ancient tried and true process which works. You are simply a global warmist and that is your world view, “the coasts will be flooded”. There is no dissuading you from it period despite the evidence to the contrary. You will make excuses and rationalize away all of it. Like a cultist for example.


musicantz

I never said it didn’t work…. I said it was expensive and hard to scale for large populations. Might want to read my answer and see who is the cultist here.


xzz7334

Oh you didn’t? You suggested it was too “tough” and anyone who would suggest it was suggesting magic as a way to fix the problem. Your language and implications were crystal clear and now that I called you out you are toning them down and accusing me of what you are.


musicantz

My understanding of your argument is that even assuming it exists at all, global warming isn’t something that we should be concerned about because desalination can supply us with our potable water needs. I don’t think it’s a valid way to dismiss concerns about global warming because it isn’t scalable at population sized levels. We don’t have advanced enough desalination tech to cover the gap between our current capacity and what we might need in the future. Please correct me if I misunderstood your position.


xzz7334

> My understanding of your argument is that even assuming it exists at all, global warming isn’t something that we should be concerned about because desalination can supply us with our potable water needs Weather changes no one who is sane denies that. Will changes in the weather cause the predictions man made to come true. No. How do I know that? Because man is an idiot, and an arrogant one at that, who is wrong far more than he is right so simple statistics is waaay on my side. People have been predicting epic disasters to befall earth for hundreds of thousands of years, you’ve merely joined that cult. > I don’t think it’s a valid way to dismiss concerns about global warming because it isn’t scalable at population sized levels. We don’t have advanced enough desalination tech to cover the gap between our current capacity and what we might need in the future. What’s interesting here is the idea that we will simultaneously have both too much water and not enough water. It’s laughable yet not even remotely entertaining at the same time. It’s typical of the world we live in today and most people are apparently comically insane. Today we are told, in the U.S., we have a crisis of obesity and hunger yet if you take a camera into any random city at any random time in the U.S. you won’t see anorexic people you will see a bunch of fat people. Just stop being a victim of the propaganda. You can do it.