No. of Recommendations: 2
good discussion.
am not so much interested in the brookfield subs, as these require more work, and moreso one may end up on the other side of BAM and BN insiders. somewhat similarly, i would not have much interest in the details of every little Berkshire entity regardless of historical reputation.
a few clarifications :
- dalrymple has been at it a awhile, and his bear (yes, i still feel that is a correct term) case is not on short-term price moves but some deeper flaw on the entire\larger complex. he went quiet for a few years, seemingly because his paid short research on brookfield failed to launch.
- alex steinberg is still commenting on brookfield regardless of his holdings. his latest on 21 Dec. puts all the surge on interest rate dynamics, but that could be applied to most of the market and not insightful specific to being bearish brookfield.
as i mentioned on another post, brookfield has every opportunity to pump what most would agree is a positive secular change in the nuclear industry regarding their internal ~50% retention of westinghouse. they were derided for this before sentiment changed, as only being able to 'ditch' half of the company. this may not convince bears that brookfield's primary product is not promotion; they have a long history of often cycling assets, after improvements, for gains and\or retained value much higher than predicted. its just sometimes it takes longer than predicted.
