Peter Mayer rejoins the podcast to discuss the recent deal between California, Nevada, and Arizona to reduce their water usage from the Colorado River. The deal is underwhelming – but Peter still has hope the states will find a more sustainable future in 2026 and beyond, though either way farmers in this part of the country face serious headwinds.
Part 1: https://cognitive-investments.captivate.fm/episode/water-we-waiting-for
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Timestamps:
(00:00) - Intro
(03:00) - Colorado River
(10:30) - Is there a chance of improvement?
(14:20) - How do we fix this?
(17:07) - Geopolitics of water amongst US states
(19:54) - Can States realistically make cuts to their water usage?
(23:37) - Arizona vs. California
(25:09) - Legal issues with water
(29:00) - Possible scenarios with water rights
(30:55) - The next 10 years of water war negotiations
(33:49) - What's stopping desalination efforts?
(42:15) - Where do we go from here?
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Cognitive Investments is an investment advisory firm, founded in 2019 that provides clients with a nuanced array of financial planning, investment advisory and wealth management services. We aim to grow both our clients’ material wealth (i.e. their existing financial assets) and their human wealth (i.e. their ability to make good strategic decisions for their business, family, and career).
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Disclaimer: Nothing discussed on Cognitive Dissidents should be considered as investment advice. Please always do your own research & speak to a financial advisor before putting your money into the markets.
