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DewDiligence

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DewDiligence

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Re: jbog post# 6995

Saturday, 05/04/2013 4:54:51 PM

Saturday, May 04, 2013 4:54:51 PM

Post# of 30493

Maybe you should look at the 2008/2009 timeline. Pcl did considerably worse than the SP in that timeframe.

The 2008-2009 selloff involved one of the worst meltdowns in the US housing market ever. Timber is used in housing (duh). It's unlikely that the next consequential market downturn will be a carbon copy of 2008-2009.

Bottom line: On a risk-adjusted basis (including compounded dividends, of course), PCL has performed just fine compared to the S&P 500 or any other index.

You can have the last word if you want it.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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