What Things Would You Keep Buying Even If the Price Doubled?

Re:What Things Would You Keep Buying Even If the Price Doubled? by anticensor on Wednesday February 13, 2019 @01:10PM (#19155149)

Water.

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Re:What Things Would You Keep Buying Even If the Price Doubled? by TuringNYC on Wednesday February 13, 2019 @01:52PM (#19155596)

Thus the rationale behind this prescient (devious?) investment trend: https://www.wsj.com/articles/harvard-quietly-amasses-califor...

WSJ: Harvard Quietly Amasses California Vineyards—and the Water Underneath Making a bet on climate change, the university’s $39 billion endowment has been snapping up farmland and the related water rights

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Re:What Things Would You Keep Buying Even If the Price Doubled? by jlarocco on Wednesday February 13, 2019 @02:18PM (#19155841)

I recently found out from a friend that the Walton family is (supposedly) doing a similar thing here in Colorado. Basically buying up large properties with water rights, and then sitting on them for later. I'm not thrilled about it, but at least they're not developing them.

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Re:What Things Would You Keep Buying Even If the Price Doubled? by momentmaker on Wednesday February 13, 2019 @06:39PM (#19158266)

I remember at the end of the movie The Big Short, it had said Dr. Burry was investing all of his money on his next big bet: water.

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