Brookfield Asset Management Voting Ord Shs Class A T.BAM

New Blood

[argon12]

BAM Management has done historically well, but they have avoided Tech companies to their detriment.

If they put all of their real estate sales into Apple stock, BAM wouldn't be a dead horse. Even the king of value investing - Warren Buffet- recognized the cash flow and market dominance of Apple.
BAM has clearly missed the Moat around Apple, Google, Facebook, Amazon.
Yet, all Bruce Flatt wants to do is buy another oil pipeline or another Mall.
New young blood is needed to help BAM see where the puck is going.
The BBU portion (private equity) of BAM has been a real poor investment . New leadership needed at the top.

[Stavkot]

There's a difference between poor stock performance and poor investment. If you think that Apple and Tech is going to outperform real assets then invest elsewhere. BAM has a team that's good at operating and managing which may or may not always overperform. I don't know what electronics we will be using in 40 years or if Apple will still be relevant, all I know is that we will still be

[MaterialWorld]

Great post Stavkot....how true. T.BAM.A is a great investment long term. I can see it falling to the mid to high $30.00 level short term because of what's happening in the world today. But this is still one great investment. Gold is finally starting to fly and infrastucture holdings like BAM are just as good, if not better than gold. BAM is a true winner...... GLTA........MW

[shawshank2]

I wish so very much we touched low 30s again...that way i can put half my portfolio into 1 stock

[MaterialWorld]

Hi shawshank2. Looks like your dream ( and mine ) will come true. These high end stocks are going to fly through the stratosphere. New world out there...MW