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Friday, December 10, 2010

Home Grown Food Update

Three months ago, we highlighted Tractor Supply as an investment in the move toward more local economies, where folks were going to grow more of their own food.  We had just attended a presentation by Nicole Foss (aka Stoneleigh) of The Automatic Earth, where she made a compelling case that the US economy is nowhere near finished deleveraging, and is headed for some rough sledding, to put it mildly.  Our investment in Tractor Supply has gained 20% since then.  By the way, this company is debt free.

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