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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: BenGrahamCracker   😊 😞
Number: of 574 
Subject: Carney and Flatt conversation
Date: 10/24/24 8:15 PM
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Longer conversation between Mark Carney and Bruce Flatt. Much will be familiar to those who follow Brookfield (everybody say: "backbone of the global economy")

YouTube: A Conversation with Bruce Flatt and Mark Carney (Brookfield)

A few nuggets:

Flatt: We did two things in the middle of Covid: essentially invented decarbonization as a business, started insurance business. Those will be as big strategic decisions as getting into asset management.

Flatt sees AI as 'highly meaningful and productive' for business, a major contributor to productivity

Application of AI to car battery design and manufacturing will create 'enormous' productivity advances

Carney (central banker, macroeconomist) sees the application of AI adding an additional 75 basis points/year to GDP growth.

The most sophisticated institutional investors have increased their allocation to alternatives, but insurance hasn't caught up, despite it suiting their needs in many ways.

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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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