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Aaron Stern Launched His Fund During a Pandemic. The Former Fir Tree Partner Says His Timing Was Just Right.


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Not many people would want to leave a steady job to start a new business during a global pandemic. For former Fir Tree partner Aaron Stern, that kind of counterintuitive thinking is par for the course. 
Stern, who ran distressed, special situations, and event-driven investments at Fir Tree before launching Converium Capital Management last year, says he’s been a contrarian since his father introduced him to investing and let Stern manage the family’s college savings when Stern was still in his teens. 
“I’m a contrarian and problem solver by nature,” said Stern, in his first interview about Converium, a multistrategy and opportunistic manager based in Montreal. “I’m drawn to companies and situations that are going through changes. When something bad happens, the folks who are closest to the situation, the experts, tend to be the most negatively impacted and don’t want to touch it.” ....

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farmlandgrab.org | Bill Gates: America's top farmland owner


 
Call it a hunch, but the story did not jibe. I scanned the headline for the umpteenth time and then read and reread the pertinent details. Something was missing. Either that or I had a screw loose. According to the Tri-City Herald, a 14,500-acre swath of choice Eastern Washington farmland in the Horse Heaven Hills of Benton County had just traded hands for almost $171 million. That’s a ginormous deal, one that pencils out to almost $12,000 per acre for a whole lot of acres. Pretty pricey dirt, right? That’s exactly what I thought. Especially when it comes to row crops like sweet corn and wheat, which were grown in rotation with potatoes on 100 Circles, which is the name of the property that changed hands. Then again, farmers and investors in the Mid-Columbia River market expect to pay $10,000 to $15,000 for good ground. Anyone who has ever studied the Columbia River Basin knows that the tillable acreage there is coveted ground, a geologic wonder. The soil profile and un ....

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Bill Gates, Sustainable Agriculture Champion, Is America's Biggest Farmland Owner


Bill Gates, Sustainable Agriculture Champion, Is America s Biggest Farmland Owner
On 1/16/21 at 12:09 AM EST
Billionaire and Microsoft co-founder Bill Gates owns 242,000 acres of farmland, making him America s biggest farmland owner. His investment in farming may be connected to his investments in climate change agricultural developments and Impossible Foods, a company that develops plant-based substitutes for meat products.
Gates 242,000 acres of farmland includes at least 100,000 acres of farmland in California, Illinois, Iowa, Louisiana, and 15 other states, according to a 2014
Wall Street Journal profile of Michael Larson. Larson, who manages the Gates personal portfolio and the holdings of the philanthropic Bill & Melinda Gates Foundation, helped coordinate the land purchases as one way to diversify the couple s profitable investments away from technology. ....

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