That is absolutely the WORST piece of investment advice EVER. 50 Years? Do you understand JOES business model. They don't sell widgets or services. They have a limited inventory of land. In 50 years, JOE will be out of business. If successful, all land will be sold and remaining cash will be paid out to shareholders (with a terrible return after considering ongoing operating costs, corporate income taxes and personal taxes on the dividend to shareholders upon dissolution) or they will have gone bankrupt long before due to inability to cover operating costs.
At least CROX, INTEL, etc make products and do not have a finite supply of inventory from which to produce revenues and profits.
50 years-you lost that bet the minute you made it.
So you think CROX or INTEL have more longevity and lasting ability to innovate, than a company that is a Land Trust? Thanks for your opinions though, appreciate that you think its a slam dunk that Intel will not be usurped or surpassed, yet Real Estate in Florida to hold for the next 50 years is a guaranteed loser now??? Dude where were you in 2005?