Baybrooke, have you ever looked at Brookfield's 2003 to 2007 stock price performance?

No, I have not. Unlike you, I am not a very long time share holder. I started investing in Brookfield 8 years ago in 2015.

However, I do have the common shareholder's equity numbers handy going back to 2008 which I have listed below.

4,911 in 2008 to 39,608 in 2022 is a 16.08% annual growth rate in book value not including dividends and the various special distributions the most recent being the 25% BAM spin-off. The numbers speak for themselves. It's undeniable that Bruce Flatt and team have created a monster compounding machine. And contrary to what you would expect, size apparently hasn't become an anchor. Growth is accelerating according to management.

On the other hand, I completely agree with you that there is no need to be starry eyed and euphoric, especially in this marcoeconomic environment. I have modest expectations. Dollar cost average, pay attention to position sizing, get rich slowly meets my needs and is good enough for me.

Year  Book Value (billions)
2008   4,911
2009   6,403
2010  12,795
2011  16,751
2012  18,250
2013  17,781
2014  20,153
2015  21,568
2016  22,499
2017  24,052
2018  25,647
2019  31,228
2020  31,693
2021  42,210
2022  39,608

Brookfield Corporation FAQ

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