Thursday, August 10, 2006

water as commodity

"Whenever you flush a toilet, take a shower, drink a glass of water, someone is making money," he said, noting that the water stocks he tracks went up 10.65 percent in 2005, compared with a rise of about 3 percent in the Standard & Poor's 500-stock index.

Timothy M. Ghriskey, chief investment officer at Solaris Asset Management, «There's Money in Thirst: Global Demand for Clean Water Attracts Companies Big and Small» in this morning's New York Times

1 comment:

heather lorin said...

huh. I never thought of water in those terms, although I don't know why - everything seems to be a commodity these days.

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