Monday, June 15, 2015

Water as a megatrend

I hold PHO in basket Ck, but over the next few weeks want to really focus on a water portfolio. It is becoming a bigger and bigger issue.

6/14/15 set a limit for 45 PHO @25.50 - California just set extreme limits on agriculture.

From the Ck basket notebook: 3/5/15 The limit on PHO hit, 80@25.00 Last Close 24.70. This is a very long view play for me. Water may be the most precious resource on earth, you can't eat or drink diamonds or gold and you can't live without water. It might make sense to set another deep limit, need to ponder that over the weekend.