Brookfield Asset Management

20 statements across 2 episodes · 8 bullish · 3 bearish · 2 people on the record · first statement Apr 1, 2025 by Bruce Flatt · said 55 times in 3 episodes since 2022 · across every show →

Mentions by year

brought up most by Connor Teskey (28), Shane Parrish (22), Bruce Flatt (5)

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2026 46 mentions in 1 episode
2025 7 mentions in 1 episode
2022 2 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Brookfield Asset Management, oldest first

Apr 1, 2025
Disclosure
Flatt: Brookfield is building $13B in power plants for Microsoft
“We're building from Microsoft thirteen billion dollars of power plants.”
Bruce Flatt Apr 1, 2025 ▶ 45:05 Bruce Flatt on Value, Discipline, and Durability
Apr 1, 2025 positive
Insight
Flatt: Great long-term investors preserve capital and deploy during market recoveries
“Coming out of recessions or cycles, coming out of the bottom, what's most important is just have everything you have intact. Do not lose anything, do not lose too much, and keep going, because there'll be many people who will have lost stuff. What's even bette…”
Bruce Flatt Apr 1, 2025 ▶ 43:46 Bruce Flatt on Value, Discipline, and Durability
Apr 1, 2025 positive
Disclosure
Flatt: Brookfield successfully took a $6B unindexed shipping company private
“So we took a large container shipping company private. It had one analyst and nobody following it. It fit in no indexes. It was a six billion dollar company. And we took it private and it's been an exceptional investment.”
Bruce Flatt Apr 1, 2025 ▶ 8:54 Bruce Flatt on Value, Discipline, and Durability
Apr 1, 2025
Disclosure
Flatt: Brookfield is building a $32B fabrication plant with Intel
“We're building with Intel a thirty two billion dollar fabrication plant in Arizona.”
Bruce Flatt Apr 1, 2025 ▶ 45:10 Bruce Flatt on Value, Discipline, and Durability
Apr 1, 2025
Insight
Flatt: Flawed investment decisions are far worse than mistiming the market
“The unsuccessful ones are harder to identify what happened. But often there are reasons why, and it either comes down to execution. You didn't execute properly. You had you missed time the market. Or you just made a bad, bad, flawed investment decision. And th…”
Bruce Flatt Apr 1, 2025 ▶ 1:11:33 Bruce Flatt on Value, Discipline, and Durability
Apr 1, 2025
Assertion Supported
Flatt: Brookfield's parent company achieved 19% annualized returns over 30 years
“The point is, we've earned, our parent companies earn 19% return, annualized returns for 30 years.”
Bruce Flatt Apr 1, 2025 ▶ 46:07 Bruce Flatt on Value, Discipline, and Durability
Apr 1, 2025 positive
Assertion Not checkable as stated
Flatt: Most available data center sites are pre-contracted for 20 years
“Most sites today that are available to be built are already contracted to somebody for the next 20 years.”
Bruce Flatt Apr 1, 2025 ▶ 27:18 Bruce Flatt on Value, Discipline, and Durability
Apr 1, 2025 negative
Insight
Flatt: Passive investing creates wide price-to-value disparities for non-index companies
“For some companies, smaller, mid-size, don't fit indexes, they will be lost within public markets investing. Because active, ah, investors may not be investing in those sectors anymore, and if you don't fit the indexes, you have no buyers. Increasingly, though…”
Bruce Flatt Apr 1, 2025 ▶ 7:45 Bruce Flatt on Value, Discipline, and Durability
Apr 1, 2025 negative
Disclosure
Flatt: Brookfield's worst mistakes happen when pushing into adjacent unfamiliar areas
“Sometimes we're pushing Out into areas which are adjunct to what we do, and we probably shouldn't have. We really didn't know what we were doing. And not often does it happen, but once in a while.”
Bruce Flatt Apr 1, 2025 ▶ 1:12:17 Bruce Flatt on Value, Discipline, and Durability
Apr 1, 2025 positive
Insight
Flatt: Brookfield makes mistakes with proprietary capital before taking client funds
“We want to make mistakes with our own money first, not with others. Our reputation with our clients is the only thing we have.”
Bruce Flatt Apr 1, 2025 ▶ 1:16:43 Bruce Flatt on Value, Discipline, and Durability
Apr 1, 2025 negative
Disclosure
Flatt: Managing $1T prevents Brookfield from investing in small countries
“Like, we can't have small countries, just not because they're not good, they're not a good place to invest, it's just not meaningful to us. When you have a trillion dollars things, The benefit or the, or the- Drawback. Yeah, the drawback is that is that you ca…”
Bruce Flatt Apr 1, 2025 ▶ 1:14:43 Bruce Flatt on Value, Discipline, and Durability
Apr 1, 2025
Disclosure
Flatt: Brookfield uses osmotic learning and has no private offices
“In general, we don't do training. Quote, unquote. But every day, every single person in this organization is learning. And it's a learned by osmosis process. We have open plan in the place, including myself, never had an office and people talk to one another a…”
Bruce Flatt Apr 1, 2025 ▶ 1:10:35 Bruce Flatt on Value, Discipline, and Durability
Apr 1, 2025 neutral
Insight
Flatt: Politics barely matter when investing in domestic backbone infrastructure
“We invest in backbone infrastructure, largely, and even our private equity businesses are backbone infrastructure type businesses. Therefore, what's important for us is to go to good countries with good people that you can operate with the standards we operate…”
Bruce Flatt Apr 1, 2025 ▶ 1:13:25 Bruce Flatt on Value, Discipline, and Durability
Mar 17, 2026 bullish
Prediction Open · timeframe Mar 2036
Teskey predicts institutional allocations to alternative assets will double within ten years
“The institutional allocations to alternatives are going to double From where they are today over the next 10 years.”
Connor Teskey Mar 17, 2026 ▶ 1:07:14 Beating the Market: Connor Teskey, CEO Brookfield Asset Management
Mar 17, 2026 bullish
Disclosure
Teskey: Brookfield Builds Data Centers Backed by Hyperscaler or Sovereign Contracts
“We're now doing it in data centers, building gigafactories on the on the back of long-term contracts with hyperscalers or sovereign offtakes.”
Connor Teskey Mar 17, 2026 ▶ 17:04 Beating the Market: Connor Teskey, CEO Brookfield Asset Management
Mar 17, 2026 neutral
Assertion Not checkable as stated
Teskey: 70% of Brookfield's current investments did not exist 20 years ago
“We give the example that, you know, probably two-thirds, maybe even 70% of what we invest in today was not an investable asset class 15 or 20 years ago.”
Connor Teskey Mar 17, 2026 ▶ 5:19 Beating the Market: Connor Teskey, CEO Brookfield Asset Management
Mar 17, 2026 positive
Disclosure
Teskey: Brookfield Underwrote Westinghouse Base Case on Controllable Operating Improvements
“So we focused on the downside. We made sure our downside was protected. Our base case of an attractive return was delivered by things within our control, but there was asymmetric upside if some uncontrollable things that we thought or hoped would happen did, b…”
Connor Teskey Mar 17, 2026 ▶ 31:38 Beating the Market: Connor Teskey, CEO Brookfield Asset Management
Mar 17, 2026
Disclosure
Teskey: Brookfield Only Invests When Four Key Contracts Are Locked
“Whenever we build a new project, we do not like to put capital in the ground unless we lock in our CapEx contract, our off-take contract, our EPC contract, and our financing contract all at once.”
Connor Teskey Mar 17, 2026 ▶ 16:20 Beating the Market: Connor Teskey, CEO Brookfield Asset Management
Mar 17, 2026 neutral
Disclosure
Teskey: Brookfield expanded from four investment products to 60 over 10 years
“I'll give the example that 10 years ago, I think we had four products. Today, we have 60.”
Connor Teskey Mar 17, 2026 ▶ 6:34 Beating the Market: Connor Teskey, CEO Brookfield Asset Management
Mar 17, 2026 positive
Insight
Teskey: Hard work is perceived more through availability than spreadsheet modeling
“Comment or dynamic that I think is sometimes underappreciated is just being available for other people on the team. And there's always people, both, both junior and senior to you that have questions, want to bounce an idea off you want career advice, deal spec…”
Connor Teskey Mar 17, 2026 ▶ 12:38 Beating the Market: Connor Teskey, CEO Brookfield Asset Management
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