Index Investing News
Wednesday, May 28, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

How To Grow Sustainable Profit Through Analyzing Ranch Performance

by Index Investing News
June 18, 2023
in Property
Reading Time: 2 mins read
A A
0
Home Property
Share on FacebookShare on Twitter


AUTHOR: MATT HENNINGSEN, RANCH SALES | LICENSED IN MT

In late August 2021, as the world settled into the bottom half of the Covid pandemic, the sale of a 1952 Topps Mickey Mantle baseball card in near-perfect condition grabbed headlines when it sold for a staggering $12,600,000.00, making it the largest amount ever paid for a piece of sports memorabilia. In my last article, Why Invest in Land, I made the comparison that due to the finite nature and subjective qualities of ranch properties, an investment in land can behave like investing in fine art, classic cars, or sports memorabilia. These assets all appreciate over long timelines due to their rarity, high barriers to entry, and limited transaction opportunities. In the case of the 1952 Mickey Mantle, known as the Rosen Find, it was discovered in 1985 and last traded in 1991 for $50,000.00. In addition to the card being prized for its vintage moniker and mug, its condition played a significant role in achieving the eight-figure sum. The card’s face has four crisp corners, an image that is perfectly centered, and otherwise free from any detectable defects, giving the 2-5/8″ by 3-3/4″ piece of cardboard an SGC Mint+ 9.5 grade. Of course, ranch land values benefit from superior aesthetics as well, but when it comes to a ranch’s investment performance, the stats on the back of a ranch’s “card” may be where the real investment opportunity lies.

In Michael Lewis’ 2003 book, Moneyball: The Art of Winning an Unfair Game, Lewis tells the story of how professional baseball was upended when the Oakland Athletics began to focus their team management on unusual performance indicators, turning the traditional major league management philosophy on its head. The story goes that the Athletics, plagued in the late nineties with a multi-season rout, was under new ownership that was determined to run the team like a business. As a result, the new owners refused to subsidize the team’s payroll budget to compete with better-funded ball clubs that often threw money at the necessary talent to win. The Athletics’ unconventional solution, under the general management of the now infamous Billy Beane, was to abandon traditional subjective scouting methods, instead relying on the then esoteric field of sabermetrics— the empirical analysis of baseball statistics to analyze the objective performance of every player. Analyzing a player’s objective performance rather than his subjective traits promised better indicators of a candidate’s true potential to be developed into a major league player. As a result, the Athletics were able to identify and snatch up unrecognized and undervalued prospects within budget, stacking their bench with effective base hitters with slugging potential.



Source link

Tags: analyzingGrowPerformanceprofitRanchSustainable
ShareTweetShareShare
Previous Post

US Open 2023 leaderboard: Latest updates as Rory McIlroy chases Rickie Fowler at the top

Next Post

Blinken in Beijing for high-stakes diplomacy after spy balloon saga

Related Posts

Simply Listed | 15048 Eighty fifth Highway N

Simply Listed | 15048 Eighty fifth Highway N

by Index Investing News
May 28, 2025
0

AMAZING IN THE ACREAGE4 Beds | 2 Baths This charming, Farmhouse impressed residence sits on 1.37 personal acres and is...

CPE Government Council: How Will Tariffs Have an effect on Capital Expenditure?

CPE Government Council: How Will Tariffs Have an effect on Capital Expenditure?

by Index Investing News
May 28, 2025
0

Tariffs have been on everybody’s minds lately. And whereas the quantities hold altering, it is necessary for these in CRE...

Simply Listed | 8006 Woodsmuir Drive

Simply Listed | 8006 Woodsmuir Drive

by Index Investing News
May 28, 2025
0

BEAUTIFUL IN BAY HILL ESTATES5 Beds | 4 Baths Benefit from the BEST WATER VIEW in Bay Hill Estates from...

Simply Listed! Superbly up to date Park Metropolis, UT townhome throughout from Resort & Golf Course

Simply Listed! Superbly up to date Park Metropolis, UT townhome throughout from Resort & Golf Course

by Index Investing News
May 28, 2025
0

Simply Listed - Superbly up to date Park Metropolis, Utah townhome throughout from Resort & Golf Course!1672 Captain Molly, Park...

How To Get a Actual Property License at No Price With Keller Williams & KSCORE®

How To Get a Actual Property License at No Price With Keller Williams & KSCORE®

by Index Investing News
May 27, 2025
0

Money and time will be two of the largest obstacles standing between a scholar and their academic targets. These roadblocks...

Next Post
Blinken in Beijing for high-stakes diplomacy after spy balloon saga

Blinken in Beijing for high-stakes diplomacy after spy balloon saga

Jameela Jamil Proposes Non-Binary People Get Own Category At Award Shows So Hollywood Doesn’t “Completely Shut Out Women” – Deadline

Jameela Jamil Proposes Non-Binary People Get Own Category At Award Shows So Hollywood Doesn’t “Completely Shut Out Women” – Deadline

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

‘Hey, Look, I Am Smoking A Marijuana!’ Shouts DeSantis At Police In Bid To Get His Own Cool Mugshot

‘Hey, Look, I Am Smoking A Marijuana!’ Shouts DeSantis At Police In Bid To Get His Own Cool Mugshot

August 28, 2023
Western clothes craze means gross sales of Levi’s denim skirts have doubled

Western clothes craze means gross sales of Levi’s denim skirts have doubled

July 12, 2024
Weapons are a sign of weakness

Weapons are a sign of weakness

March 27, 2023
DOGE Rallies 140% in the Last 7 Days, Outperforms Major Coins By CoinEdition

DOGE Rallies 140% in the Last 7 Days, Outperforms Major Coins By CoinEdition

November 1, 2022
Bitwise CCO says Ethereum ETFs ‘shut to complete line’, SEC open to different funds

Bitwise CCO says Ethereum ETFs ‘shut to complete line’, SEC open to different funds

July 10, 2024
Autolus Therapeutics plc 2024 This fall – Outcomes – Earnings Name Presentation (NASDAQ:AUTL)

Autolus Therapeutics plc 2024 This fall – Outcomes – Earnings Name Presentation (NASDAQ:AUTL)

March 20, 2025
Pakistan faces last IMF board review before passing crucial budget By Reuters

Pakistan faces last IMF board review before passing crucial budget By Reuters

June 8, 2023
Democratic Choice Between Beer and Wine

Democratic Choice Between Beer and Wine

March 8, 2024
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In