No. of Recommendations: 1
Before this cycle ends those who think Brookfield presentations are "analysis" will be somewhat dismayed. Presentations from hard driving salespeople designed to raise funds for fee managment are a far cry from what investors in a stock may want to consider as analysis.
It is a difference not often held or perceived by Brookfielders. Brookfield presenters, while performing more euphorically than ever are also more dramatic than in the past, and much more futher into the future.
There are some very obvious dynamics that will make things interesting with Brookfield if and when higher interest rates aren't headed lower --- lower rates as Brookfied managment has assured investors. All kinds of assets, and that's including the trophy ones, have changed economic settings. And even the asset managers 100% certain hyper growth at some point also has a more complex game to play if rates do not subside as planned and presented.
And all that carry, that may or may not get carried.
BN has 73% of the asset manager, but if rates stay high won't get anywhere as much "growth" of the asset manager as 73% suggests.
Life is great...if you can stand it.
Now for the 35 page cut/paste Brookfield presentation...
