Wed, Aug 24, 2016
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. Opalesque Exclusive: Algorithms platform aims to target typical challenges found in quantitative hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Last month, Quantopian received investments from Point72 Ventures, the new venture capital arm of Steven Cohen’s Point72 Asset Management.

  2. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  3. Opalesque Roundtable: Low and high fee investments often better than mid fee hedge funds[more]

    Komfie Manalo, Opalesque Asia: Hedge funds that charge the low and high fees stuff often provide better returns than "those sort of mid-fee investments", said Keith Haydon, chief investment officer of Man FRM. (Alternative) investment managers who charge high fees would often provide the most int

  4. Hedge fund investors pull $5.7 billion in July[more]

    From Bloomberg.com: Hedge funds suffered a third consecutive month of outflows in July as investors withdrew $5.7 billion, according to industry tracker Eurekahedge. Redemptions totaled $20.7 billion in the three months through July, with money managers betting on equities suffering $18.4 bill

  5. …And Finally - Police contact Catholic Church after baffling ‘poltergeist’ report[more]

    From Telegraph.co.uk: Police officers in Scotland have called in representatives from the Catholic Church after investigating reports of “disturbing incidents” of a "poltergeist" at a family home. A mother and her teenage son were said to be “extremely distressed” after experiencing what the D