Yesterday I talked about New Money farms. This is the granddaddy of them all, as it's owned by BILLIONAIRES! This is my favorite paragraph:
"While Ms. Taylor says, modestly, that it is hard to know how profitable the business is, her husband said it had outperformed his expectations. “We could sell 10 times the amount we raise, in 10 minutes,” he said."
One owner notes that she doesn't know if her 120 head herd of cattle on 1800 (!) acres of land in Coastal California (!) is profitable. The other says they can't meet demand. Well, let me tell you something: if I had a billion dollars and 1800 acres, I could probably sell 60 cattle a year no problem as well, but I sure as hell wouldn't be suggesting that I was the farm model of the future.
Rant over.