Next Brilliant Goldman Sachs (GS) Investment: Chinese Poultry Farms

tigerchaseschicken tbi

Goldman Sachs (GS) has earned a reputation the world over for an investment savvy unmatched on Wall Street. So what’s Goldman’s next brilliant play? A $300 million investment in Chinese chicken farms. The South China Morning Post:

Goldman Sachs, a United States-based private equity investment firm, recently acquired full control of more than 10 poultry farms on the mainland for as much as US$300 million, establishing a presence in the mainland livestock industry, according to a mainland media report yesterday.

So for the record, that’s: U.S. mortgages = bad… Asian livestock = good. We hope John Thain and Dick Fuld are taking notes.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.