The Land Report

Fall 2016

The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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FA L L 2 0 1 6 | The LandReport 59 LANDREPORT.COM Te xt by Eric O'Keefe I n v e s t m e n t R a n c h i n g I t's surprising how often a ranch is described as unique. Likewise, the term one-of-a-kind opportunity is bandied about much too eagerly. Few are the properties whose singularity is so pronounced that they merit such accolades. Does their size and their carrying capacity truly set them apart? Is there a remarkable historical narrative or geologic aspect worth crowing about? What about the wildlife? There's many a cow-calf operation whose fortune is bolstered by the renown of its hunting. What if a ranch boasted all of the above and then some? Like a stout P&L;, sophisticated management, proven hands, and good neighbors. You know what I'd be inclined to call that outfit? The Winecup Gamble. IN A STORIED CORNER OF THE OLD WEST, PAUL FIREMAN HAS INSTITUTED ONE OF THE GREATEST TURNAROUNDS IN THE ANNALS OF AMERICAN RANCHING. JD HUNTER

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