Clean water Quote by Michael Burry
“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.”
About This Quote
Source Interview: Bloomberg, Michael Burry, 2020
Water is a vital resource, yet its political and legal complexities make it a risky investment.
In simple terms: Water is essential but politically complex to invest in.
Key Takeaway
Consider political risk before investing in water.
Themes
resource economics
politics
investment
Mood
analytical
cautious
Type
financial
strategic
When to use this quote
- municipal water supply
- agricultural irrigation
- real estate development
Key Concepts
scarcity
regulation
risk assessment
Questions to Reflect On
- How would you mitigate political risk?
- Is water a sustainable investment?
A Different Perspective
Water rights can be constrained by unforeseen regulations.
