Cresud, Inc. (ADR) (CRESY)

I've been watching this stock since August 2009. I wish I had jumped in then. It's outperformed the S&P by 40%. I'm hoping to jump into this stock on a rally day (it seems to go against the grain). With inflation I think this Argentinian crop stock is a winner.

CRESY has a too high valuation compared to its sales potential. It is also loss making at least until 2010.

Done well by this one.. Remember your due diligence!

This account tracks the performance of the investment firm Ruane, Cunniff, and Goldfarb - the investment manager of Sequoia Fund.

We import more and more food than ever just check the labels of the products on supermarket. Our agriculture no long is our source of food. They prefer produce corn for fuel the government pays better

Mohnish Pabrai pick and its rated 5 stars.

Bought at 7.88

Management seems to be doing smart things by picking up assets on the cheap and expanding production. Its well below book and growing.

argentina farmer can be done

Severely sold off, quality management, quality asset base.

Agricultural pick - food prices haven't dropped like other commodities so I will give this the thumbs up. Large Assets and low total liabilities helps too. Last quarter wasn't the best but the stock price has remained stable.

With oil rich states like Saudi Arabia actively seeking agro companies they can buy to produce food for expanding populations, this one can't stay off the radar screen forever.

The risks of operating in Argentina are real, though the current deep, deep discount proves irresistable. The value of productive farmland will only increase in the years ahead. Huge upside potential from here.

I'm in at $45 an acre
http://www.fool.com/investing/international/2008/10/27/now-is-the-safest-time-to-buy-stocks.aspx

Can you really call your portfolio diversified if you do not own some land and cattle? ...in Argentina. I have traveled to Argentina many times. It is a unique country and will eventually reclaim its spot as one of the leading emerging market countries in the world. The contrarian in me says that at current prices, downside is minimal.

One of very few available investments in food production - farming. Should do great unless political change in Argentina.

Farmland is going to be increasingly valuable, even in a politically unstable region. The farmland owned by the company is already deeply discounted compared to the US (about 10% of the value). As the world's population keeps growing and arable land remains constant or shrinks, this will get very valuable.

Incredibly cheap asset play. Hurting right now based on overall market and concerns about Argentina, but they have great assets (Farmland, large stake in IRSA) that should become more valuable over time.

CRESY owns agricultural real estate. Lots of it. If Argentina is the next Brazil, CRESY will be the stock to own for the next decade.