Stinson Dean on the Lumber Crash That Followed the Boom

Odd Lots

These days, commodities around the world are on a tear. But earlier this year, there was a lot of fixation on one in particular: lumber. Lumber went absolutely parabolic in the spring before collapsing rapidly. What's interesting is that this collapse was not due to a slowdown in housing per se. Housing is booming. Instead, it was a variety of idiosyncratic factors (including lumber storage availability) that caused the wild move. So, for this episode, we invited back Stinson Dean, the founder and CEO of Deacon Lumber, to explain what happened, and what lessons there are for the rest of the commodities complex. He also offered his view on hiring, and why some companies seem to have an easy time hiring, while others have found it so difficult.

See omnystudio.com/listener for privacy information.

More description

These days, commodities around the world are on a tear. But earlier this year, there was a lot of fixation on one in particular: lumber. Lumber went absolutely parabolic in the spring before collapsing rapidly. What's interesting is that this collapse was not due to a slowdown in housing per se. Housing is booming. Instead, it was a variety of idiosyncratic factors (including lumber storage availability) that caused the wild move. So, for this episode, we invited back Stinson Dean, the founder and CEO of Deacon Lumber, to explain what happened, and what lessons there are for the rest of the commodities complex. He also offered his view on hiring, and why some companies seem to have an easy time hiring, while others have found it so difficult.

See omnystudio.com/listener for privacy information.

2021-11-08 60 min Transcript
Listen elsewhere

Available Results

Generated results are saved to your library for reuse and search.

No generated results are available for this episode yet.

Transcript

Open the Transcript tab to load the transcript.

Chapters

No chapters available.