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Bruce Flatt manages over a trillion {dollars} however claims it’s ‘not that a lot cash.’ On this uncommon dialog—solely his second public podcast—the Brookfield CEO reveals why draw back safety issues greater than upside goals, and the way specializing in what can go incorrect delivered 19% annualized returns for 30 years.
Flatt shares candid insights on three megatrends reshaping the worldwide financial system: the AI infrastructure increase (‘we’re within the first inning’), the unstoppable shift to photo voltaic and wind (pushed by economics, not ideology), and the huge repatriation of producing to the West.
However the actual revelation is Brookfield’s funding philosophy: ‘Upside takes care of itself.’ Their funding committees focus virtually solely on what may go incorrect. When pressed about Brookfield’s notoriously complicated construction, Flatt offers unusually direct solutions about why simplification would damage shareholders.
A masterclass in affected person capital from somebody who’s confirmed that common returns over an above-average interval equal extraordinary wealth.
Bruce Flatt is the Chief Govt Officer of Brookfield, a worldwide funding agency targeted on various asset administration, wealth options, and its working companies, with over $1 trillion in belongings underneath administration. Flatt joined Brookfield in 1990 and have become CEO in 2002. Underneath his management, Brookfield has developed a worldwide working presence in additional than 30 nations.
The opinions shared on this podcast belong solely to these expressing them. Hosts and visitors might maintain positions within the securities mentioned. This podcast is meant to supply common info solely and shouldn’t be thought-about monetary recommendation.