http://allaboutalpha.com/blog/2009/04/23/worlds-pensions-hugging-trees-in-quest-for-portfolio-diversification/ A finance blog about hedge funds, portable alpha and alternative investing. Mon, 13 Feb 2012 11:26:54 +0000 http://wordpress.org/?v=abc hourly 1 http://allaboutalpha.com/blog/2009/04/23/worlds-pensions-hugging-trees-in-quest-for-portfolio-diversification/comment-page-1/#comment-155046 » Do przeczytania: 26.05.2009 Trystero: Niezależny blog finansowy Sun, 26 Apr 2009 18:33:24 +0000 http://allaboutalpha.com/blog/?p=4463#comment-155046 [...] Interesujący tekst o inwestowaniu w las. To jedyna klasa aktywów, która niezależnie od koniunktury gospodarczej rośnie, dosłownie, od 3% do 5% rocznie. [...] [...] Interesujący tekst o inwestowaniu w las. To jedyna klasa aktywów, która niezależnie od koniunktury gospodarczej rośnie, dosłownie, od 3% do 5% rocznie. [...]

]]> http://allaboutalpha.com/blog/2009/04/23/worlds-pensions-hugging-trees-in-quest-for-portfolio-diversification/comment-page-1/#comment-154992 Ben Fri, 24 Apr 2009 17:36:21 +0000 http://allaboutalpha.com/blog/?p=4463#comment-154992 There are many good points in this article, but it commits the fallacy (AKA, "timber industry propaganda") of equating trees with forest ecosystems. Trees are a renewable resource; an old growth ecosystem isn't. An old growth ecosystem takes hundreds of years, and several ecological cycles, to develop. Sustainable harvesting of trees is a good idea, but it doesn't address the environmental concerns with cutting in ancient forests. There are many good points in this article, but it commits the fallacy (AKA, “timber industry propaganda”) of equating trees with forest ecosystems. Trees are a renewable resource; an old growth ecosystem isn’t. An old growth ecosystem takes hundreds of years, and several ecological cycles, to develop. Sustainable harvesting of trees is a good idea, but it doesn’t address the environmental concerns with cutting in ancient forests.

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