WWE legend Brock Lesnar grew up a ‘dirt poor’ farm kid. Now he uses farmland to guard his riches. How to copy his move
View original at finance.yahoo.comWWE legend Brock Lesnar grew up a ‘dirt poor’ farm kid. Now he uses farmland to guard his riches. How to copy his move WWE / Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below…
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Years ago, I bought land in Saskatchewan because I hunted there and then came across this farm for sale and then I just kept buying land
80% confidenceHe grew up as a dirt poor farm kid and wanted to give a good crack at farming now that he has money
80% confidenceMorgan Stanley now favors 60% stocks, 20% fixed income and 20% gold instead of traditional 60/40 portfolio
80% confidenceYou can't own land in Canada unless you're a resident or you get your citizenship, so he moved there to get residency
80% confidenceI have a full-time functioning farm. We farm small grains — 5,000 acres. I've got great employees
80% confidenceIf offered 1% of all the apartment houses in the country for $25 billion, he would write a check
80% confidenceHe uses farmland to hedge his stocks and bonds investments
80% confidenceGold is now the anti-fragile asset to own, rather than Treasuries. High-quality equities and gold are the best hedges
80% confidenceGold can easily rise to $10,000 an ounce in current environment
80% confidence
