Planet Water: Investing in the World's Most Valuable Resource
by Steve Hoffmann
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Book Summary Information
Author: Steve HoffmannEdition: Hardcover
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2009-04-06
ISBN: 0470277408
Number of pages: 368
Publisher: Wiley
Book Reviews of Planet Water: Investing in the World's Most Valuable Resource
Book Review: Water: A Rising Tide of Investing
Summary: 4 Stars
So how valuable is water? Ponder this: water has no substitute, regardless of price - the only commodity in the world of which this is true. The water industry is enormous; Hoffman says it's the third larget in the world, on par with oil & gas and electricity in terms of embedded capital. With over 97% of the earth's water as saltwater, and only 1% is easily accessible surface fresh water, there is going to be a growing battle for the right to fresh water, and as the Chinese say
" Crisis = Opportunity". Hoffman discusses the seemingly cavalier disconnect between the human economy and our dwindling natural resources. This may explain why the water "industry" has not gained popularity with the general investing public when compared to the more traditional and well-followed sectors of our global economy.
I found this book helped answer many questions such as; should I buy individual stocks or a mutual fund, which companies are best positioned to address the future, is demand for safe water outpacing supply, what is the global situation and how much new infrastructure will the U.S. need in the near future.
I always find it helpful to look at the table of contents, so here are
some of the chapters:
Chapter 1 - Water
Chapter 2 - The Global Water Condition
Chapter 4 - The Cost of Clean Water
Chapter 5,6,9 - The Business of Water; Utilities; Infrastructure
Chapter 12 - Desalinization
Chapter 13,14.16 - Emerging Issues; Water as an Asset Class; Looking forward
Hoffman says that " virtually every country in the world is presented with some combination of water quality and quantity issues". In tandem with his technical analysis Hoffman also presents his case for the substantial increase in waters value. I learned of a number of additional drivers that have bolstered the argument for water investing. Around the globe, aging and dilapidated water and sewer infrastructure is in dire need of repair, and new infrastructure must be built to meet the needs of growing populations in both developed and developing economies. I've never been a huge stock investor and stick with mutual funds most of the time. I would recommend this book to those self directed investors like myself who want to further analyze trends in the water industry
Summary of Planet Water: Investing in the World's Most Valuable Resource
Solving the world's water problems is proving to be one of the greatest investment opportunities of our time. Already, world water supplies are inadequate to meet demand, and the problem is going to get much worse in the years ahead. The World Bank estimates that 1.1 billion people lack access to safe drinking water and about 50 percent of the world's hospital beds are populated by people who have contracted water-borne diseases. If present consumption rates continue, in 25 years the world will be using 90 percent of all available freshwater. To address the problem, trillions of dollars will need to be invested in water infrastructure projects. And while the problems are most acute in developing and rapidly growing economies, there are huge water infrastructure needs in industrialized countries, as well. In the U.S. alone, it's estimated that more than $1 trillion will be needed for water and wastewater infrastructure projects. In Planet Water, water investment expert Steven Hoffmann explains the dynamics driving the water crisis and identifies investment opportunities in various sectors of the water industry. Hoffman provides investors with the knowledge and insights they need to make informed investments in water utilities, as well as companies providing water treatment services; infrastructure services; water monitoring and analytics; and desalination services. He also discusses mutual funds and ETFs that specialize in water stocks. Investing in the water industry is certainly no pie-in-the-sky idea. Over the past five years, many water stocks have exploded in value and water stocks as a whole have outperformed the S&P 500 by a substantial amount. In Planet Water, Hoffmann provides investors with everything they need to profit from this fast-growing industry in the years ahead.Company Profiles Books
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