Cresud is certainly a name that I want to own again, but I'm not sure how the latest moves by the Argentine government might affect the stock. There's been little, if any reaction so far. I'm just hesitant to purchase an agriculture name in a country that is attempting to artificially control food prices; at least not without a large margin of safety.

I don't believe any good will come of Argentina's latest attempt to "control" inflation.

We've tried it here; President Nixon imposed wage and price controls in 1971 to combat inflation. It was a failure of epic proportions.

Stay tuned.

At the time of publication the author is long Dell.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

Jonathan Heller, CFA, is president of KEJ Financial Advisors, his fee-only financial planning company. Jon spent 17 years at Bloomberg Financial Markets in various roles, from 1989 until 2005. He ran Bloomberg's Equity Fundamental Research Department from 1994 until 1998, when he assumed responsibility for Bloomberg's Equity Data Research Department. In 2001, he joined Bloomberg's Publishing group as senior markets editor and writer for Bloomberg Personal Finance Magazine, and an associate editor and contributor for Bloomberg Markets Magazine. In 2005, he joined SEI Investments as director of investment communications within SEI's Investment Management Unit.

Jon is also the founder of the Cheap Stocks Web site, a site dedicated to deep-value investing. He has an undergraduate degree from Grove City College and an MBA from Rider University, where he has also served on the adjunct faculty; he is also a CFA charter holder.

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