Bloomberg – Water is set to become hedge-fund guy’s new best friend forever. For H2O, unfortunately, the financier is likely to turn out to be what teenage girls and Hollywood gossip columnists call a frenemy.
Every time I mention the wet stuff in a Bloomberg article, at least a couple of e-mails appear from people wondering if I know of any way to “invest” in aqua. Trust me, they’re not asking out of concern for the welfare of the people of Jordan, the world’s fourth-poorest country as measured by water availability, according to Imad Fakhoury, the nation’s minister of state for grand projects.
