Planet Water: Investing in the World's Most Valuable Resource
Founder, WaterTech Capital; Author
July 4, 2009
Water, says Steve Hoffmann, will be the resource that defines the twenty-first century—driven by a substantial increase in its value. The water business is already the third largest industry in the world, behind oil and gas production and electricity generation. There is a burgeoning global demand for safe drinking water, environmentally sustainable water use, and industrial process improvement. Trillions of dollars will be spent worldwide on water projects in the coming years, which will substantially elevate the equity values of water-related companies. In fact, from 2000 to 2005, water utility stocks returned 134%, and some individual water utility stocks went up five-fold over the same period. And water utilities comprise just one sector among a number of functional groupings, each of which possess their own unique fundamentals.
In Planet Water, Hoffmann, one of the first investors to recognize the value of the water industry as a long-term investment, reveals the details behind this growing opportunity and shows you how to profit from it in the years ahead.
Steve Hoffmann is the founder of WaterTech Capital, a private investment company that specializes exclusively in consulting and investment opportunities within the water industry. With over twenty-five years of experience in the water industry—as a water rate designer, resource economist, entrepreneur, and investor—Hoffmann has witnessed firsthand the dramatic transition of the water business. He was one of the earliest financiers to recognize the potential of water as an investment theme, and has been a contributing editor to the Water Investment Newsletter for more than fourteen years. Hoffmann is also cofounder and principal architect of the Palisades Water Indexes, which serve as the tracking indexes for several leading water ETFs.