Bullboard - Stock Discussion Forum Brookfield Asset Management Voting Ord Shs Class A T.BN.PF.E

Primary Symbol: T.BAM Alternate Symbol(s): T.BN.PF.L | T.BN.PF.B | BROXF | T.BN.PR.B | BRCFF | BKFOF | T.BN.PF.C | BAMGF | BKFPF | T.BN.PF.D | BAMKF | T.BN.PR.K | BXDIF | BRFPF | BRPSF | T.BN.PR.M | T.BN.PF.F | T.BN.PR.N | BKFAF | T.BN.PF.G | T.BN.PR.R | BKAMF | T.BN.PF.H | T.BN.PR.T | BKFDF | T.BN.PF.I | T.BN.PR.X | T.BN.PF.J | T.BN.PR.Z | T.BN.PF.K | T.BN.PF.A | BAM

Brookfield Asset Management Ltd. is primarily engaged in providing alternative asset management services. The Company provides its services through an ownership interest in an alternative asset management business, which is carried on by Brookfield Asset Management Inc. (Brookfield) and its subsidiaries. Its products have three categories, which include long-term private funds, perpetual... see more

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TSX:BAM - Post Discussion

Brookfield Asset Management Voting Ord Shs Class A > And Another

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Post by retiredcf on Jun 09, 2021 5:33am

And Another

https://www.bnnbloomberg.ca/video/chris-blumas-discusses-brookfield-asset-management~2218069

COMMENT

Brookfield Asset Management (A)

(BAM.A-T)

June 8, 2021

Today, they announced they will spin off part of their reinsurance business. BAM is a great compounder; you can buy and hold for a long time, because they can compound at a strong rate. Brookfield is a big company with many platforms like renewable energy and real estate, and they always look to optimize valuations. About 15 years ago, Brookfield tried to get into reinsurance, like Berkshire Hathaway. BAM did a similar spin-off a year ago. Their spin-offs perform very well; the market indiscriminately dump shares after them though, so watch this spin-off and wait. This will do very well in time.

MANAGEMENT/DIVERSIFIED

Chris Blumas

Price

$60.610

Owned

Yes

716