Rinehart, J. U.S. Timberland Post-Recession - Is It The Same Asset Can someone shed some light on this reading? I read the full 40+ page reading and I come out of it a little bit confused on what the focus is.
I met this guy once but never read the reading, sorry!
FYI If anyone wants to read the reading, here it is: http://investmentforestry.com/resources/1%20-%20Post-Recession%20Timberland.PDF Any help will be greatly appreciated by those that understand it. I don’t get what the focus is and how it will be tested. Cheers
I am pretty well versed on the asset class and it is just a history on how timber ownership is slowly moving from the land owner to the institutional investor. A few charts and a few dates to memorize, very straightforward. Second time I am taking the exam…I would know it…just saying.
Can you shed some more insight on it? What you think is important? Anyone with a summary would be greatly appreciated.
Institutional ownership makes the timberland markets more competitive, more liquid, more efficient, and over time, more expensive! It has also opened the door for TIMOs and other management organizations to bring in higher-quality institutional money into their AUM.
I did find this reading very strange in the context of the curriculum. I am just reading it from schweser which summarizes it in a very odd way.