Performer of 2003
- From: Vol 4, Issue 1 (January 2003)
- Category: Analysis
- Region: Unspecified
- Country: Germany and United States
Water ought to be a defensive investment: people don’t stop going to the bathroom just because there is a recession on.
In fact, in a year when the Dow fell by 18%, you would have thought that the bathroom was just the kind of place in which investors would be spending a lot more time. But, as the report on p.19 shows, this time round water has not proved a safe place to invest when everything else is falling. The ...
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