In our world, there is no such thing as an “average timber market.” Which, by extension, means there is no such thing as a “regional” timber price...
Brooks Mendell, Ph.D.
Back when Garrison Keillor hosted the radio program “Prairie Home Companion,” he would tell stories about Lake Wobegon, a small fictional town in...
Professor Richard Thaler won this year’s Nobel Prize for Economics, in part, for research confirming that we (humans) believe we are smarter and more...
The destructive flooding and weather events of 2017 centered in Texas and Florida remind us that Mother Nature is a force to be reckoned with...
The pursuit of the ‘preferred answer’ starts early in life. Any two-year old knows to ask Dad after Mom says, “No.”
There is a tendency to cherry-pick forecasts. A market forecast can be used to serve many masters, and the source and incentives of the forecast...
A key lesson from watching the show “Shark Tank” is that winning entrepreneurs know their number. They know their revenues, costs, margins and market...
Phone calls and emails come in waves tied to worries about markets or exuberance related to investment opportunities. Recently, questions often focus...
Tangible and “globally secure” assets attract investors during periods of economic and political uncertainty.
With rising interest rates and stubborn timber prices, investors in timberlands and timber REITs are asking about the durability of current...