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PLAYING THE LONG GAME
How do you make a small fortune in the wine industry? You start with a big fortune,
of course! With a hook like that, how can you not read the Napa Valley feature in our
Investing Issue? It’s one of a wide-ranging series of stories that covers all aspects of
investing in land, from buying your own ski resort to purchasing shares in farmland.
From inflation to genetics, our Timberland Special Section covers this essential
asset class, in particular, Cary Estes’s profile of the Working Forest Fund, which has
deployed almost $1 billion since its inception in 2009 to keep industrial timberlands
intact.
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