TSX:BPO.PR.A - Post by User
Comment by
Carenaon Feb 14, 2024 6:14pm
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Post# 35880828
RE:I should create a corporation, leverage it to the hilt
RE:I should create a corporation, leverage it to the hiltHi again,
"For some reason I don't think I'll be protected."
I agree, no protection for you. But maybe if you had had a 30 year successful track record in some global industry, you would be afforded such luxury. Then possibly yes.
And that is exactly what BPY has done, lever up to the hilt with non-recourse loans. And the recent junk rating is quite the slap in Brookfield's face, which means their financials are quite troubled.
Carena