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Global Water Crisis: Why Michael Burry is Investing in Blue Gold

Sep 13, 2023
Michael Burry, the famous "Big Short" investor, joins Patrick Bet-David to discuss the global water crisis and why he is investing in water as a commodity. They delve into topics such as the distribution of freshwater, water scarcity, the Nestle water scandals, and the process of desalination. They also explore the concept of artificial rainmaking and the manipulation of water resources. A fascinating conversation about the looming water crisis and potential investment opportunities in "blue gold".
14:32

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • By 2030, the world is expected to face a 40% shortfall in fresh water supply, highlighting the urgent need to address the global water crisis and find sustainable solutions.
  • Investing in water rights, water-rich farmland, and water utilities or infrastructure presents a lucrative trillion-dollar market opportunity for investors like Michael Burry, who recognize the potential of water as a valuable commodity.

Deep dives

The Global Water Crisis: Shortfall in Fresh Water Supply

By 2030, the world is expected to face a 40% shortfall in fresh water supply, with over 4 trillion cubic meters of fresh water being used annually. Only 0.65% of Earth's water is fresh, and it is sourced from rivers, lakes, reservoirs, and groundwater aquifers. The overuse of water for cooling power plants and irrigation has led to critically low water levels in major reservoirs like Lake Mead and Lake Powell in the US. This growing water crisis has raised concerns worldwide.

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