No. of Recommendations: 5
first, ackman just failed in his attempt to pull a major grift with his own biz, as institutional shareholders did not take the bait on a overvalued restructure.
add that on top of ackman's other antics, and brookfield is not exactly landing the type of shareholder that will improve their perception.
I suppose the ideal, for perception, would be to have not only people who are generally Democrats like Ackman, but Democrats who never disagree with their own party's policy choices. However, I doubt that most investors really care about this. And most investors have not followed the saga of Ackman's investment vehicles, nor care very much about them, and most of those who are well informed about them would not characterize them as 'grift'.
it would be rather entertaining if ackman felt his stake privileged him to be some activist voice at brookfield.
I doubt that is his intention, although if it were to try to simplify the structure of these companies, or make more transport disclosures of directors' incomes, that might be a very good thing. I sold my shares a few years ago and every time I look at it for possibly reinvesting, I get confused and give up.
DTB
