4min chapter

Odd Lots cover image

The White Oak Shortage That Could Ruin the Bourbon Industry

Odd Lots

CHAPTER

The Effects of Fire on White Oak

Most of the land that you see in the United States is owned not by companies, but private landowners. So doing a very good forest management is difficult. It takes money up front, and then you're not going to see financial return for 100 years. This is kind of like, I think why endowments, like don't they like trees, like the Yale Endowment,. Because these are like assets that are really like not on typical market cycles.

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