WY’s strength in the pulpwood business (#msg-154672440, #msg-154703264) offsets the some of the weakness in the lumber/housing market and makes WY makes it a more defensive play than I would have expected. I’m thinking of rotating into a position in the institutional portfolio I manage.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
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