UncleLongHair

Brookfield Asset Management: Cashed Up and Ready to Buy

BAM netted $1.1 billion in profit from the sale of Falconbridge (after taxes) so I don't think it is fair to say they sold it cheap. This was sold in 2005 before the big manic run-up before the 2008 market crash but there was plenty of appreciation. These proceeds funded some of the hydro deals which ended up being very profitable as well.

The recent sale of hydro assets was just a partial sale, a 50% interest in certain assets. They still own a majority of them. This just seems like an example of "selling high to buy low". Obviously, there are numerous opportunities today for that money. I think it will be interesting to see what they do.

Q2 Canadian REIT Earnings: More Downsides Than Upsides

BAM and BPO are not REITs. I don't know why they are often considered as such. Especially BAM, which owns assets including hydro power plants and timberlands. Neither of them pay out all of their earnings in a dividend like a REIT.