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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Brookfield Corporation (BN)
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Author: weatherman   😊 😞
Number: of 574 
Subject: Re: BAM distributable earnings
Date: 12/22/22 6:54 AM
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No. of Recommendations: 5
hi,
longtime brookfield owner and motleyfool board lurker here...
agree that's flatt's enthusiasm is leaning towards BAM....after all , there was no secret regarding the slight taken towards the implied multiple of the asset mgnt component.
however, we should distinguish 'growth' for the new BAM versus the type of investments that the new BAM makes with conservative oaktree playing a major role. oaktree has been the epitome of margin-of-safety anywhere in the financial stack, not wherever there is max leverage. (we dont have a breakout of how much capital is oaktree's responsibility, and may never get such.)

lastly of interest to those that have read countless comparisons to kkr,apollo,blackstone : there was a nice summary of exec compensation linked below.
in summary, given forward performance is unknown, we dont know which of these entities are 'stealing' the most for us, but its clear who would be stealing the most FROM us !

edelweiss.substack.com - Who keeps the value

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This community has written 569 posts about Brookfield Corporation. The article-length ones it recommended most:
BN fair value · 26 recs · 2023
Lotta talk, not much action · 21 recs · 2023
Plan value versus price · 20 recs · 2024
Convergence · 19 recs · 2023
Value versus price · 15 recs · 2024
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