Many of us have heard this old chestnut, usually attributed to Mark Twain: “Buy land, they’re not making it anymore.”
A number of America’s richest people understand this, and are now among the country’s largest landholders. The list includes Jeff Bezos, the Ford family, Dr. Peter Buck (co-founder of Subway), Ted Turner, John Malone, and Bill Gates. This is according to the Land Report 100, an annual survey of the nation’s largest landowners.
Yes, farmland—one of the investments Wall Street loves to hate. Yet, it may be one of the best investments out there. Let me explain why…This post originally appeared at Investors Alley.