I'm reminded, maybe unfairly, of the moment just before Enron went under, when it suddenly realized that it'd probably be a good idea to have some actual assets

I'm reminded, maybe unfairly, of the moment just before Enron went under, when it suddenly realized that it'd probably be a good idea to have some actual assets and bought up a bunch of land to do sundry things with (mostly wind farms IIRC). Maybe Myhrvold had a premonition (prematurely, sad to say) that the legal shit concerning IV's business was about to hit the fan, and decided to diversify. There's zero evidence for this, but it's amusing.