Subject: Re: BN All Time High
having sold my first chunk of BN after ~15 years, am not perturbed.
after ~20% reduction , it remains 3x my next largest single equity holding, although this is unfair if brookfield is seen more as a diverse fund. in this case, it would be below my average fund\etf size, but exists along the same duration as my average fund holding period.

there is always an interplay between not needing more growth, and probabilistically lowering portfolio risk and volatility profile.

as noted in the thread, there is also a chance within the next few months\years that BN returns back to its familiar, but weirdly lower discounted range. flatt has noted that if at least one segment is not badly underperforming, they are not taking enough risk. and if this underperformance receives sufficient media, expect the usual sentiment action from retail renters.