Pope Resources L.P. (NASDAQ:POPE)
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A publicly traded limited partnership engaged principally in managing timber resources on its own properties as well as those owned by others. Operates in three primary business segments: Fee Timber, Timberland Management & Consulting, and Real Estate.
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A no-brainer. Timber has taken a beatdown because of the market slowdown, but worldwide demand is on a steady upward climb with no end in sight in our lifetimes. Buy and hold forever.