No. of Recommendations: 1
Interviewer: "Howdy ole cranky dealraker! How's life?"
dealraker: "Pretty good, haven't had a health problem addition in a while so that's always good."
Interviewer: "You're always starting something...and that Brookfield Property rant opposite the majority several years ago was a good one for that dude."
dealraker: "Yea, I know...I made some lifetime enemies on that call saying the stock of BPY was inflated, not a discount in the mid $20's."
Interviewer: "Long time ago now though. So what's your update on the Brookfield Property empire?"
dealraker: "Well, I have no call on the long term, but short term...or heck just for today? My call is Brookfield Property could not net out in the black if they had to end it all now."
Interviewer: "Yea? Pretty irrelevant though given that's not going to happen."
dealraker: "OK, let's go a tad further out. If interest rates stay elevated Brookfield operations will disappoint investors, and may include BAM too. But Brookfield Property...heck it will just just be a fee siphon vehicle for the asset manager and not much more."
Interviewer: "Anything else?"
dealraker: "Nope, except to encourage people to accept views that aren't that of their liking...at least consider them. Seems a lot of 'em turn out to be accurate."