The Endowments Invest In Timber, Should You?

I admit to having a fascination with the asset allocation models used by large college endowments and similar pools of capital. I do not believe what these funds do can be emulated but I do believe there is much to learn from what they do. My introduction to these funds was an article from I don’t know how far back about then Harvard Management Company CEO Jack Meyer who was extolling the diversification virtues of timberland.