Great retort to my critique of the Barron’s article on timberland stocks (#msg-40570222):
[Barron’s article]: “Compared with the outlook for key commodities such as oil, copper or aluminum, the outlook for most forest products isn't strong. Demand could weaken as the world goes digital and uses less paper.”
[Dew]: This is the stupidest of all the bear arguments, IMO. People have been predicting the end of paper for decades but it hasn’t happened despite the immense popularity of the internet.
[‘corydora37’ on Yahoo message board for PCL]: The paperless office has proven to be as likely as the paperless bathroom.
LOL
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”