Sat, Jun 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque Radio

The geographic information system (GIS) which includes geographic area files describing the "lay-of-the-timberland", forms the foundation for determining amongst others the cash flow estimates
Timberland Radio Special Series IV - Bret Vicary in conversation with Sona Blessing
 
Friday, June 10, 2011

radio In this Timberland Special Feature, Bret Vicary, vice president, forestry and natural resource consulting at James W. Sewall Company, who specialises in timberland investment analysis and appraisals, is going to share why appraisals pose a challenge for investors? Towards that end, he shares how effective and useful GIS (an acronym for geographic information system), remote sensing and aerial photography can be in determining timberland inventory...

 Download this feature as MP3 (11.76 MB)

 
Listen to the complete feature
The geographic information system (GIS) which includes geographic area files describing the "lay-of-the-timberland", forms the foundation for determining amongst others the cash flow estimates

Duration: 12:50 

  logo

Or listen to selected sub-features
  • Q1 - The basic role of the timberland or forestland appraiser in helping investors making informed decisions (due diligence)
              Why forestland appraisals pose a challenge?
              Why timberland appraisals are unlike real estate appraisals?
              Why statistical inference introduces a level of uncertainty in the investment process
    For as time passes the data become archaic and have to be recalibrated which can introduce a certain amount of investment return volatility which is quite independent from the economics and the growth associated with the forests investment itself.

    Duration: 03:00 


  • Q2 - Quantifying this volatility - how much does it tend to be and what has it been historically?
    The industry standard varies around the world.
    Reliance on geographic information system (GIS) - provides a basis for the maps - the maps provide a basis for laying-out and designing the forest inventory - which then forms the basis for the growth and yield models, which in turn are used as the basis for the cash flow estimates.

    Duration: 05:00 


  • Q3 - Typically, what would implementing such a geographic information system (GIS) cost?

    Duration: 01:30 


  • Q4 - Why just using GIS is not a substitute to "boots on the ground" and why the two are actually complementary

    Duration: 03:18 



Radio Link
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. FinTech - Rise of robots: Inside the world's fastest growing hedge funds[more]

    From Bloomberg.com: Believe the hype. Quants have never been more popular. After doubling over the past decade, assets run by so-called systematic funds have hit a record $500 billion this year, according to estimates from Barclays Plc. In some ways, their meteoric rise is due to the same technolog

  2. Legal - Bond market concerns could scuttle Paulson's Fannie-Freddie plan[more]

    From Bloomberg.com: A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market. The Moelis & Co. blueprint, which firms including Paulson & Co. and Blackstone Group LP sponsored,

  3. Other Voices: Are your pricing policies and procedures for less liquid instruments adequate?[more]

    Komfie Manalo, Opalesque Asia: The unrelated position mismarking incidents that quickly precipitated the closures of both Visium Asset Management and Marinus Capital have been recent focal points for market participants, but regulatory scrutiny of valuation choices for less liquid instruments is

  4. FinTech - AI hedge fund Numerai now live on Ethereum, Cryptocurrency hedge funds generate huge returns as bitcoin surges[more]

    AI hedge fund Numerai now live on Ethereum From Cryptoninjas.net: Back in February, Numerai announced numeraire (NMR), a cryptographic token to incentivize a new kind of hedge fund built by a network of data scientists. Earlier today, the Numeraire smart contract was officially deployed

  5. Investing - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams[more]

    Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to