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Brookfield Place entry in Manhattan, image sourced from Yandex
Introduction
This post is an attempt to estimate the pandemic impact on the business of Brookfield Asset Management (BAM). Certainly, we are still in the middle of uncertainty but some things have become known after Q1 20 reports and earning calls, and, under certain assumptions, we can cautiously proceed.
I will skip a review of BAM's business - you can find it at many sources including Brookfield website and multiple SA posts. Quite a few of my arguments will be based on my earlier