Despite having generated their fortunes in very different ways, the three gurus agree they have an important investment in common.
Many of the big investors in the world they have more Common things than is usually thought. This is demonstrated by this investment in which so much Warren Buffettas Bill Gates and Michael Burry They decide to bet.
Buffett He gained his wealth through strategic acquisitions of companies, while Bill Gates accumulated more than US$125,000 million through Microsofta company he founded in 1975. For his part, Michael Burry became relevant after predicting the US housing market crash in 2008. Despite having generated their fortunes in different ways, the three agree on an investment.
The investment in which Gates, Buffet and Burry agree
Despite their dissimilar origins, Buffett, Gates and Burry they have some similar investment options. Among them, the option of investing in the agricultural land.
This seemingly orthodox investment option is inflation and recession proof, which makes it an alternative to cover the risks of a portfolio. Surely this characteristic has been decisive for the gurus when it comes to investing their dollars in this way.
Despite a 19.8% drop in the stock market during the first quarter of 2020the values of the agricultural land experienced only a marginal decline of 0.1%reflecting its resilience in the face of economic downturns.
However, that drop perceived during the beginning of the COVID-19 pandemic marked only the second quarter in negative for farmland in the last three decades.
In that framework, the average profitability adjusted for inflation of agricultural land in the last 50 years is from 6.1% annually. In 2022, the net agricultural income adjusted for inflation was US$167.3 billionaccording to him United States Department of Agriculture.
Source: Ambito
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