Top PickFirst stock in the clip; he also owns it personally. GLTA
https://www.bnnbloomberg.ca/video/brian-madden-s-top-picks~2812465
Brookfield Corporation (BN TSX) Brookfield is among the world’s foremost managers and operators of long-duration real assets like real estate, private equity, infrastructure, renewable energy and utilities with deep expertise in sourcing transactions and surfacing value. With significant assets in Canada, the United States, the U.K., Australia, Brazil and India among other areas, the company has tremendous reach and geographic diversity. Brookfield’s size and scale allow it to field expert teams with deep operating expertise across industry verticals and geographic areas. Moreover, its financial strength and variety of funding sources afford it the advantage of being among the first calls sellers of world-class assets make when looking to consummate a transaction. Flows into alternative assets are outstripping flows into stocks and bonds as institutions like pension funds increase its allocations to these less efficient markets which better match its long-duration liabilities. Accordingly, Brookfield enjoys consistently strong inflows and now manages over $850B. The company has generated a compound annual return for shareholders of 15 per cent over the last twenty-five years such that $1 invested in its shares has grown to over $31, courtesy of these many structural advantages. TOP PICK
Brookfield Corp(BN-T)
21/11/2023
One of the world's foremost managers of long-duration assets, like private equity, renewable energy and utilities. They have assets around the world like the UK. They have size, scale and diverse funding. Are also a fine asset manager. Are capital-lite. Flows of funds into alternative assets are outstripping funds into stocks and bonds, even with these interest rates. Their shareholder returns are 15% compounded over the last 25 years. That means a $1 in 1998 is $31 today, including dividends.
(Analysts’ price target is $59.48)
Investment Companies / Funds
Brian Madden
$46.480
Owned