Estate Living Magazine Investment - Issue 34 October 2018 | Page 32

INVESTING IN
water
There’s a new buzz phrase doing the rounds – investing in water. Is that wise? Is it even possible?
It all started with The Big Short, the book and movie about how
über investment genius Michael Burry predicted – and cashed
in on – the popping of the US housing mortgage bubble in 2008.
This, and the subsequent worldwide economic meltdown, left
us with a shaky sense that the things we once thought of as stable
are just so much raspberry jelly wobbling on a base of semi-set
custard. But, as every seventh-grader, politician or telesales
operative can tell you, it’s the person who has the last word
who will be remembered. And the last word in that movie was
memor