Post by
1northumberland on Oct 07, 2023 12:51pm
BN owns 75% of BAM.
BAM has no real assets.
It's sole purpose is to collect all management fees that fall
under the BN umbrella.
BAM is a money machine.
With BN owning 75% of BAM, BN is severally undervalued.
BN is selling at an approx: 40% discount to its NAV.
Bruce Flatt(CEO) of Brookfield recently bought 1,000,000 shares at approx: $42.00.