Excellent business feature in today's NZ Herald about why investors are pouring into farmland in the US and parts of Europe. The profiles of former investment bankers and hedge-fund managers who switched to farm investment are fascinating, and their motives consistent.
Hedge-fund manager Stephen Diggleon on why he began buying farmland in 2008:
"Everyone said, 'Buy gold.' But at the end of the day, you can't eat it. If everything else goes and I just have these farms, it makes me moderately wealthy."