Forget Conventional 401(k)s; Think Goat Cheese and Fennel
Wednesday, September 23rd, 2009The national convention of Slow Money Alliance last week drew 400 people to Santa Fe and caught the attention of the Wall Street Journal Sept 16th.
An excerpt notes “If all goes well, investors will see a modest 3% profit, maybe 6% over many years. But Mr. Tasch the founder, has a broader balance sheet in mind. The real dividend, he says, is diversity: In an era of industrial agriculture, where millions of acres are planted with the same variety of corn and millions of pigs are bred to be genetically similar, small local farms are the ultimate hedge fund. They preserve heirloom seeds and quirky breeds; strengthen the soil with organic nutrients; create local markets that connect producer directly to consumer.”
For the full article see this link http://online.wsj.com/article/SB125305092106313571.html
We think it is a start and while it is not clear exactly where the alliance will go it is one to watch and to roll up sleeves and get involved if so inclined.