Brookfield Asset Management (BAM on NYSE and BAM.A on TSX) is heading towards 52 week lows. I've been waiting for an opportunity to enter a position in this superbly managed commercial real estate/timberland/utility/infrastructure holding company with $75 Billion worth of global assets under its control. The co has been aggressively acquiring undervalued companies and other assets recently, particularly in Brazil. It has been compared to Berkshire Hathaway many times; however, it has outperformed BRK handily over the last 5 years.
I'll do a full analysis later. I feel that the downside risk is very low and the long term upside potential for capital gains is excellent at this point. Marty Whitman (amongst many other gurus) is a major stakeholder and admirer of Mr. J. Bruce Flatt.
I strongly recommend studying this stock carefully.
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