No. of Recommendations: 1
Once again, to make it perfectly clear, it is only manlobbi who uses the term Enron in reference to anything Brookfield. And once again to make it absolutely perfectly clear, blisteringly clear, my view is that FFO and DE are overstated for Brookfield entities for various reasons.
To the degree of when we find this out? Higher rates equal sooner; lower rates further out. BAM is the clear winner in all cases but given the hyper complex fee gains they get from literally higher stocks prices even BAM can be troubled as to fee growth.
Life is great...if you can stand it. Opposing views? Not something Baybrooke or Blackswanny want to read, but long ago they actually didn't mind my posts at all.
Group behavior is group behavior.
