Making Daily Headlines · Page 10
Pension Money Encounters an Asset That Literally Grows
· New York time
Institutional investors, including pension funds, are buying large areas of U.S. timberland through managers prepared to wait decades for returns, CNBC reports. The market also carries risks and can become a profit trap. The attraction is a long horizon. The tradeoff is that patience alone does not make every purchase successful. An asset can grow biologically without obliging a financial plan. Trees offer a useful rebuke to quarterly urgency. They will not accelerate because a presentation uses a steeper arrow. Anyone demanding immediate transformation from a forest may have confused forestry with slide design.
Read this story in the full newspaper →Satire. Not factual reporting. Read the original reporting from the linked publishers.