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Value After Hours S03 E29: Lumber, Einhorn's Greenlight Letter, 17.5% Yearly Returns Expectations

The Acquirers Podcast

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Speculative Price Spikes Are Not Common in Lumber

The old line of thinking for 30 years is that the mills can always produce whatever the demand is for lumber. So as prices start to rise, the mills crank it out d then itju brings the price back down. And supply peaked since two thousand five, since the housing crisis, that's when supply peaked. But you see something really interesting in west fraser. In 20 16, capacity stopped out and then started to decline. Has all been happening in canada. It's noppin in in the we been growing supply in the southeast.

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