Finance & Fury Podcast

Welcome to Finance and Fury, the Furious Friday edition. Episode today about a trend over the past decade and moving forward – is water the new petroleum? A few episodes ago – went through what is more valuable – a TV or water – depends on your perception and what is in demand versus supply – but if you think about it – what is the most valuable thing to us as humans – I would argue - Air – Water – food – our survival is predicated on these three things – rule of 3 here – 3 minutes, 3 days and 3 weeks – but due to supply – they are seen as having low values – if viewed in monetary terms – we don’t even really think about it most of the time – why would we? Air is in abundant supply – water seems to be everywhere – turn on a tap – even food – especially fast food – if you can call it food is very cheap – this is not so much a concern for most people in western nations Hard to monetize air – food has already been monetized – but what about water? It has – but is seen as a public good – quite low cost - A