My Account | Sign In
Aunt Fanny sighed loudly and kicked the dirt. A pinecone ricocheted off a nearby white oak before landing in a mound of dirt and leaves. Two dogs barked in the distance. “Nephew, I have a few thoughts regarding the value more…
For wood users and timberland investors in the United States, global and national analyses, while useful, can mislead when thinking through the relevance of wood bioenergy in specific local markets. Wood bioenergy, as a “point source” of wood demand for more…
My Aunt Fanny, retired after 30 plus years with a regional community bank, inherited 220 acres of forestland in middle Georgia. Since then, she’s peppered me with questions and seduced me with Mentos in order to get a better understanding more…
This post includes excerpts from the Q1 2015 Forisk Research Quarterly (FRQ) chapter on timberland investment vehicles and ownership. Institutional investors looking to add timberlands to their portfolios and timber REITs looking to grow their asset base both face the more…
This is the second in a series related to Forisk’s Q1 2015 forest industry analysis and timber price forecasts for the United States. We use “sensitivity analysis” to test the relative importance of inputs in our models. Is this assumption more…
Internal rate of return (IRR) reflects the compounded return produced by a project. IRR is best used in tandem with other measures, such as Net Present Value (NPV), especially in forestry. Let’s explore why. Q: Does IRR provide a reasonable more…
Simple reasons explain how and why timberland assets attract investors: Safety: timberland preserves capital. Growth: trees grow and land appreciates. Diversification: timberland behaves differently than stocks, bonds and stamp collections. The actual investing in and managing of timberland requires more…
Aunt Fanny reached into the side pocket of her one-piece camouflage jumpsuit. She pulled out a blue roll of Mentos. “Want one?” she asked. “Sure,” I said, pinching off a white mint from the tin-foiled roll and popping it into more…
Aunt Fanny put the HP calculator back in the pocket of her camouflage jumpsuit. She looked down and around at the ground covered in leaves, needles and twigs. Then, she turned to me and asked, “Nephew, what makes my forestland more…
Aunt Fanny opened her black-and-white marbled composition notebook and flipped a few pages. Then she closed the book and pulled out her HP calculator. She spoke while punching numbers into the HP. “Nephew, you’ve taught me a lot about my more…