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To: Beave Meister

At the end of the book version of ‘’The Big Short,’’ the author reports that Michael Burry, having become completely disillusioned with Wall Street, had excitedly taken up a new venture — almond farming, in California.

Because almonds need extraordinary amounts of water to grow and California has gone into a major long-term drought, it’s hard to imagine a worse investment than California almond farming.

So Michael Burry is not necessarily the best purveyor of investment wisdom.

It makes sense, though, that he’s become interested in water. In water technology, Israel is the undisputed leader of the world. So investing in Israel makes sense.


7 posted on 01/17/2016 7:36:53 AM PST by Bluestocking
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To: Bluestocking
it was prolly more of a catharsis/release than a money making venture since he obviously doesn't need the money
10 posted on 01/17/2016 8:31:38 AM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -w- NO Pity for the LAZY - Luke, 22:36)
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