Ode to Alternative Assets: Timberland Investments, Liquidity, and Inflation

| comments (2) in Forest Carbon, Forest Finance & Economics, Risk Management, Timberlands

Markets for alternative, specialized assets – like vintage water pistols, 101-year-old scotch, and drivable Corvairs – must overcome high “search costs” to match suitable, qualified buyers and sellers. The abilities to evaluate, value, and manage such assets comprise a Rubik’s more…