new thread, page-188

Although land prices will continue to rise it is a pity that the land compoment couldn't come out of the assets of the company i.e. company leases land from a AG trust then AAC would have far superior returns.
If only I had $800 million could buy 1% of Australia & then sell it to a trust while still owning over 600,000 head of cattle that would increase each year. Leased land would have plenty of capacity to carry more stock & would have the funds to improve pastures.
Given management already in place I could run it from my Melbourne office. Dreams!
Regards
Buffett