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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: DTB   😊 😞
Number: of 574 
Subject: Re: Ackman takes a stake
Date: 09/14/24 4:51 PM
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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
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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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