Visitor traffic on the Forisk Blog increased 12% in 2016 over 2015. Thank you! Here are the top five posts from 2016:

1. Forest Finance: What Does a Negative or Zero NPV Say About My Potential Timberland Investment?
   2013. This brief post has topped our rankings since it hit the web in January 2013. The core finance question drives traffic to this post, not the timberland angle. Most notes I receive related to it come from MBA and finance students, forestry and finance analysts, and folks engaged in capital budgeting.
2. Real vs Nominal Discount Rates for Timberland: More than a Rounding Error
   2017. This post, written in June 2010, is the oldest on our top five list. The use and misuse of discount rates, both real and nominal, has long been a core topic in our research and workshops. With interest rates ticking up as 2016 closes out, discount rate questions will likely increase in 2017.
3. President Trump and the Price of Timber
   1. Written in the wee hours after the 2016 US Presidential Election, this post was in response to multiple calls and emails from worried investors and executives. The context and summary analysis for implications to the forest products industry and timberland investments have, so far, held up.
4. Forisk Forecast: Tracking the Top Timberland Owners in the U.S. and Canada, 2015 Update
   1. A post from May 2015 summarizing our North American Timberland Owner & Manager tracking (back when Weyerhaeuser and Plum Creek were separate companies). For reference, here is a link to the 2016 update.
5. Forisk Forecast: US Housing Starts Outlook, Q1 2016 Update
   2016. Each quarter, we update and post our outlook for US housing markets. This post is the first of these for 2016, posted in February. Here is a link to the most recent Forisk housing outlook from Q4 2016.