04-03-2023, 08:31 AM
Initiating a new position in BAM.
Wanted to get my hands on the management fees generated by the Brookfield empire for a long time, but it was always too expensive to buy into it.
Now that they spun off the pure management part of it, I think it's a good time to strike.
As with all similar companies, this one will be volatile and as such I'm in no hurry to make it into a big position but this feels like an ok level to start building it up.
Wanted to get my hands on the management fees generated by the Brookfield empire for a long time, but it was always too expensive to buy into it.
Now that they spun off the pure management part of it, I think it's a good time to strike.
As with all similar companies, this one will be volatile and as such I'm in no hurry to make it into a big position but this feels like an ok level to start building it up.