TSX:BPO.PR.A - Post by User
Comment by
SONOFFERGUSon Feb 28, 2024 2:24pm
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Post# 35904517
RE:RE:RE:RE:Didn't BN "purchased" that guarantee when they bought BPY?
RE:RE:RE:RE:Didn't BN "purchased" that guarantee when they bought BPY?Hi Carena.
Indeed so.
However, we are taking advantage of some market ineffeciencies here -- not everyone is free to hold BPO because of (i) investment guidelines and (ii) the asymmetry of the management game (win and get a bigger bonus, lose and get fired).
I'm glad I don't have to pull together a powerpoint on why I'm long BPO!