Wednesday, November 13, 2019

The New Face of Farming

Farming is open to anyone with the ability to sustain 7 digit losses  year after year. It's called "lifestyle farming" in this Bloomberg article.

(I remember when IBM had its PC printer operation in Lexington KY (later sold to Lexmark), and farms were being subdivided into 5-acre farmettes, raising questions about handling of tobacco quotas.  Or consider the new money in the UK in the 19th century who bought country estates because of the prestige attached to the land. )

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