No. of Recommendations: 4
Some snippets from the article (
https://therealdeal.com/magazine/national-august-2...
):
Brookfield also inherited its predecessor's love for complexity. Its various satellite companies funnel fees to its parent, and the organization chart resembles a particularly incestuous family tree, with a wealth of related-party transactions.
Reading Brookfield's financial statements is a journey into the multiverse. There are multiple versions of Brookfield staring back at you, and Brookfield gets to decide which one it wants to be at a given moment. L.A. matters, and then it doesn't. Most of New York matters. San Francisco is irrelevant ' but it could be important in the future.
Reshuffle, rebrand, add another layer. The cycle never ends. You'll never understand it. And that's by design.
Craig who when he listens to Flatt, wants to buy more!