Showing posts with label hedge fund carry -on. Show all posts
Showing posts with label hedge fund carry -on. Show all posts

Thursday, May 19, 2011

Agripower

JB
Smart people are getting into farming, not least because they're afraid of an oncoming apocalypse, fiscal and otherwise. Or, in my case, because I like to shoot and ride.


Here's what the canny New York Observer has to say:


There is, of course, a slightly more sinister reason to develop a sudden interest in agriculture. Last year, Marc Faber recommended to anyone: "Stock up on a farm in northern Norway and learn to drive a tractor." He sees a "dirty war" on the horizon, playing on fears of a biological attack poisoning food supplies. Those sort of fears drive capital into everything from gold (recently at an all-time high and a long-time safe haven for investors with currency concerns) to survivalist accoutrements. In this particular case, one might buy the farm in order to avoid buying the farm.


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Needless to say, Team LSP is sizing up the prospect.


Remember, they're not making any more land.


LSP