According to The Economist (“Private equity may be headed for a fall,” July 7th, 2022), “Private equity benefits from a fig leaf of illiquidity,”...
Brooks Mendell, Ph.D.
When inflation rises, people talk about it. In my calls with forest industry investors and executives, these discussions center on current and future...
Markets for alternative, specialized assets – like vintage scaling sticks, stamps, and 101-year-old scotch – must overcome high “search costs” to...
On April 12, 2022, a release from the U.S. Bureau of Labor Statistics (BLS) reported that, for the twelve-month period ending in March 2022, U.S...
Net present value (NPV) and internal rate of return (IRR) can, at times, provide conflicting guidance when comparing timber investments or forest...
Forest carbon opportunities profit from markets which trade on the mismatch between energy use (what we consume) and the greenhouse gas emissions...
Years ago, a forest industry executive told me, “You only get to cut a tree once.” He made the point that, “our trees are in the ground already. So...
The biology and science of growing trees has a temperamental relationship with the economics of pricing timber. While forests grow through the...
Timberland investors and wood-using firms rely on a robust and reliable supply chain. While perhaps intuitive and obvious, the pandemic and weather...
Timberland investments comprise bundles of diversified cash flows. The sources of these flows include softwood and hardwood logs and fiber, hunting...