February 19, 2020
Michael Bloomberg Flunks Ag 101
Michael Bloomberg is no Ag PhD.
“You dig a hole, you put seed in it, you put dirt on top, up comes the corn…” Bloomberg couldn’t even describe planting a single corn seed correctly: he left out tossing a codfish into the hole alongside the seed.
Bloomberg made $ billions (after departing from Solomon Brothers as a general equity partner and cashing in $10 million of stock grants) in the early days of infotech, developing computerized metrics and data mining for securities trading. Michael Bloomberg is no dope, so we thought.
Thirty minutes of research would have informed His Arrogancy that big-time crop farmers -- 2,000 acres or more- -- need to know everything from soil chemistry, to genetic engineering, to global commodities markets, to managerial economics, to GPS interfaces, and drone technology.
One of the more fascinating glimpses into plus-size producers of corn, soybeans, and wheat in flyover country can be had by listening to...(Read Full Article)
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