Bullboard - Stock Discussion Forum Brookfield Ord Shs Class A T.BN

Alternate Symbol(s): BN

Brookfield Corporation is an owner and operator of real assets. It is focused on compounding capital over the long term to earn attractive total returns for its shareholders. Its operating segments include the asset management business and insurance solutions business. Its operating businesses include Renewable Power and Transition business, which includes the ownership, operation, and... see more

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TSX:BN - Post Discussion

Brookfield Ord Shs Class A > run from this company

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Post by Greenwinter1234 on Feb 14, 2023 2:49pm

run from this company

https://www.bnnbloomberg.ca/brookfield-defaults-on-two-los-angeles-office-towers-1.1883777

the group is sitting on too much real estate and getting creamed by rising interest rates.

These hedge fund structures load up the subsidiaries with too much debt while scooping huge management fees. Works well till the markets flip and as usual public shareholders and debt holders are left holding the bag

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Comment by hoffbag on Feb 14, 2023 11:04pm

But Bruce says buy?! Who do I believe? Flipped the coin and going with the guy on stockhouse since 2018. Screw the over 20 year Brookfield track record.

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