In forestry, I always found rules of thumb helpful in providing context. For example, a log truck in the U.S. South carries just over 25 tons (~28)...
Brooks Mendell, Ph.D.
Fevered lumber prices appear to have broken due to a combination of producers (sawmills) catching up and demand moderating in the repair and...
Forest carbon can affect timberland values to the extent that robust markets for carbon support reliable cash flows to investors. With wood, the...
Investor Benjamin Graham, an early teacher to Warren Buffett, introduced the concept of Mr. Market in his 1949 book The Intelligent Investor. Mr...
When we feel uncertain about a situation – where things are oscillating and bouncing and hard to control – we may look for and identify patterns in...
Behavioral finance teaches us that we are prone to both emotional error and brilliant insight, and sometimes we confuse the two. For this reason...
Carbon is a nonmetallic chemical (atomic number 6) found in its impure form in soot and coal. Forest carbon refers to the carbon dioxide absorbed...
In 2020, the U.S. economy offered a smorgasbord of mixed signals. Crashing growth and demand in the second quarter led to a massive fiscal stimulus...
Our bottom-up understanding of the timberland transactions and forest industry capital investments tracked in the Forisk Market Bulletin depends on...
In the forest industry, managers and investors continue to balance short term production needs with long-term capital investment decisions. In late...