RE:Palladium = $2200 This is such a poor/embarrassing comment.
They did their job, turned it around and sold it. It isn't in anyone's interest to hold a company who's profits are based on a commodity risk. That is the definition of speculation. They bought it cheap, turned it around, made some money, and are recycling the capital. This is exactly what BBU does. They tell you that directly. When you buy the stock, you're buying into a capital recycling program/PE managed with a value lens, not a commodity speculation business. Also, the size of the business they actually owned was negligible, so why anyone would even care about keeping track post successful exit or fire anyone is beyond me:
"Sale proceeds to Brookfield Business Partners for its 20% ownership interest in NAP are approximately $130 million, after taxes."