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Why Czech Farmland Is a Better Bet Than Stocks and Bonds

Stagnant stocks and bonds have investors heading back to the farm

Photograph by Martin Divisek/Bloomberg

Martin Burda gave up managing $8.1 billion of securities for something with better returns: dirt. In July he helped start Cesky Fond Pudy, the first investment company focused only on Czech farmland. Agricultural property in the Czech Republic, says Burda, “is among the least expensive in Europe, and it offers a conservative investor something that’s very hard to come by these days: safety and a good yield.”