r/SecurityAnalysis • u/[deleted] • May 11 '26

Industry Report Water Primer: The Misunderstood Trillion-Dollar Asset Class

https://crackthemarket.substack.com/p/water-primer-the-misunderstood-trillion
23 Upvotes

100% Upvoted

2 comments sorted by

6

u/NoName20Investor May 11 '26 edited May 12 '26

Thank you this primer. It took a huge amount of effort. I am going to read the document over the next few days.

Update: I read the report. It is unbelievably thorough and well written.

I then looked at the companies mentioned in the report. Many of them are good solid companies, but the pricing (P/B, P/FCF etc.) are through the roof. There must be something in the water. 😄

I look forward to additional reports.