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Everybody with excess cash should be buying things with obvious scarcity and value, like land/gold/livestock etc. Companies are just doing the same.
by cardosof 4y ago
Everybody with excess cash should be buying things with obvious scarcity and value, like land/gold/livestock etc. Companies are just doing the same.
- rossdavidh 4y agoThis. Amazon no doubt has reasons to buy land that it _might_ want to use for warehouses, etc., but they are also just stuffing money into real estate because it's an inflation hedge. The very beginning of the article admits that they were in competition with hedge funds for some of their purchases.
- helloguillecl 4y agoI partially agree with you. Specially with inflation coming out way. But I rather exclude gold and buy assets with cashflow only.
- cardosof 4y agoI agree, most assets in any portfolio should have associated cash flows, commodities are sprinkled here and there for the sake of diversifying though.