Brookfield Corporation's accounts look like pure book cooking. It pays premium prices for acquisitions and then sets its own valuations on the assets once it owns them, so results that seem fine on the surface do not hold up on closer inspection. x.com 

Brookfield can triple and still be a bad investment because its valuation is too high. Even compounding at the 24% annual rate @InvestInAssets cites, it trades at a P/E of 90 against a recent historic range of 7 to 15, and its EPS has swung up and down rather than climbing steadily over 14 years, which does not justify a stable high multiple. x.com 

Brookfield stands to benefit from sustained demand for clean energy, AI data centers needing power it can build and finance, and companies turning to private credit as banks lend less. Its Oaktree holding provides exposure to that lending demand. Bill Ackman calls Brookfield an AI winner; despite the uncertainty, Brookfield remains highly attractive. x.com 

The Brookfield ecosystem looks increasingly attractive long term, pairing Brookfield Asset Management's asset-light fee machine with Brookfield Renewable's exposure to the enormous power and infrastructure buildout. Westinghouse adds another potentially powerful growth engine tied to the nuclear renaissance. Brookfield has consistently allocated capital well across cycles, and its scale and access to capital create a formidable moat. x.com 

Private cap rates can overstate apparent bargains in public REITs when only prime properties trade during a liquidity drought. Weaker owners may refinance, while distressed assets remain with lenders. Overhead, leverage, management and liquidation costs can justify NAV discounts; scale, low capital costs and disciplined acquisitions can warrant premiums. Favor property quality, sound balance sheets and a margin of safety rather than every discount. x.com  x.com 

Brookfield Corporation looks very underpriced at $37 against management's $67 plan value per share, which it expects to hit $140 by 2031. Brookfield targets $16.8B of distributable earnings by 2031 including carry, a 24% CAGR, as a 10-15 year AI, power and infrastructure cycle needs private capital, and expects $25B of carried interest over ten years versus $4B in the last ten. A 25bp hike isn't material: as rates rose from 0.25% to 5% in 2022-23, AUM grew 33% and DE per share 41%. x.com  x.com  … Show more

Brookfield Renewable is the position to hold until Westinghouse goes public. Once Westinghouse lists, it should cannibalize Cameco's multiple, answering @YellowLabLife's question, but until that IPO the better move is to be long or buy Brookfield Renewable. x.com 

Office landlords Boston Properties, Vornado and SL Green are exposed if hantavirus fear dominates the next 60-90 days, whether or not a lockdown happens, since markets react to perception before confirmed reality. Fear alone shifts attention, behavior and capital flows. In a pandemic scare, work-from-home stocks are among the first panic plays, and COVID pushed remote work adoption forward almost overnight. x.com 

Brookfield may be one of the safest undervalued stocks around, with a realistic path to triple over the next five years if execution stays strong. Its mix of infrastructure, power, asset management and long-duration capital makes it a boring business with huge upside rather than a lottery ticket. x.com 

Brookfield Corporation is a top pick for a 15-year portfolio on business quality alone, setting valuation aside. As the king of real assets, it owns dams, power grids and premium real estate around the world, so owning it is like owning a piece of the world's vital infrastructure. x.com  x.com