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Brookfield: Ackman’s Big Bet and an Updated Valuation

Thomas Chua by Thomas Chua
November 28, 2024
in Investing
Reading Time: 9 mins read

Brookfield made headlines recently when Bill Ackman, renowned investor and founder of Pershing Square Capital Management, revealed Brookfield Corporation (BN) as his fund's largest holding. As of his latest 13F filing, Ackman holds 32.7 million shares, representing a $2.2 billion stake in BN. We first covered Brookfield during its challenging period in May 2023, when the stock offered compelling value (up 100% since then). Instead of rehashing the fundamentals of this business, you can check out my initial research report here: https://steadycompounding.com/investing/brookfield/ For now, let’s...

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