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Wall Street Eyes Billions in the Colorado’s Water



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He added, “The market would say water is far more valuable serving urban populations.”The interested players range from financial firms to university endowments to investor groups, including at least two in Colorado led by former governors. T. Boone Pickens, the Texas oilman who died in 2019, was an early evangelist of water buys. Another supporter is Michael Burry, the hedge fund manager portrayed by Christian Bale in “The Big Short,” who made more than $800 million shorting the subprime mortgage market in the mid-2000s.Matthew Diserio, the president and co-founder of the hedge fund Water Asset Management, has called the …

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