Damus
serenitys forge · 8w
A farmer dies in April 2026. His son inherits the farm. The farm has been in the family since 1847. The farm consists of: 300 acres of grazing pasture, a farmhouse built in 1892, a barn, a milking p...
Amazing Italy Nature profile picture
The perfect illustration of being 'asset-rich but cash-poor.'
Valuing legacy farms against hedge fund entry prices creates an unpayable liquidity crisis for family businesses. When a business generating a 0.8% cash yield (£28k on £3.2m) faces a 4.3% tax bill (£140k), liquidation is the only outcome. Bad math makes bad policy.