mbbirdy
In my previous article, I mentioned that Brookfield Asset Management (NYSE:BAM) (BAM:CA) is the kind of stock that you buy and hold forever. It's a low-maintenance position where I rely on the asset managers to keep the
Brookfield Asset Management: The Compounder's Dream
Summary
- Brookfield Asset Management is a low-maintenance "buy and hold forever" stock with limited outside risk to the operations.
- Management aims to double operational metrics in five years, a significant leap from their 25-year base.
- The 22.7% YoY increase in fee-bearing capital in Q3 supports the thesis that Brookfield is on track to meet its ambitious goals.
- Even though growth is accelerating, Brookfield Asset Management still retains its very high profit margin profile.
Type-F Capital specializes in identifying businesses that fit our definition of a true “fortress business.” As the term suggests, these companies boast high barriers to entry, command exceptional margins, prove difficult to disrupt, and are inherently resilient businesses. We aim to share our well-grounded research into these companies by publishing deep, thorough articles on Seeking Alpha.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of BAM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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