RE:RE:RE:last quarter .31 cents EPS - nice consistent profits ! Maxmoe wrote: Hope the giant egos of "self made" aka shyster billionaire types doesn't lead to stupid empire building. Like buying the cra@ppy run down mill at Abercrombie, N.S. I agree, I'd be surprised if billionaire junior is a seller. More likely to milk it like Brookfield was/is on a different scale.
Not a lot of wage earners hit it big, but this Jack guy has an interesting bio rising through the Brookfieild ranks to being the top guy. Interesting.
No milling for them. It'll tank their valuation in short. Milling commans a 5x multiple for capital intensivness and erratic returns, timberland is 15x. So they'd stick to their knitting I suspect and maybe pick off more timberland.