Moby Waller

Jim Rogers' Picks and Pans - Barron's Interview

Personal opinion: agree with Rogers that Water will be a ever-increasing valuable commodity of the future - we have already seen droughts in the Southern USA which basically caused a couple of states to feud last year over water rights - our monthly utility water bill is still a pittance when compared to your heating and electric bills, so there is obviously much room for future increase -- there will be wars in the future over water - question is, how do you play the growing importance of drinkable water as an investment -- i would say a sector etf or fund, water utilities, infrastructure, new technologies (desalinization of sea water), etc, would be good plays in general