RE:TDIf Bruce Flatt fails on this BPY acquisition, he will have to be replaced.
He's done a lot of good, but the destruction in shareholder value due to overly optimistic projections on real estate over the past few years has caused BAM share value to languish during the greatest bull market in history in 2020.
Best buying opportunity ever in March of 2020 and they were buying more real estate not investing in growth businesses.
Unforgivable!