Introduction
No doubt that Brookfield Asset Management (BAM) has been truly successful since Bruce Flatt became its CEO in 2002. Born in 1965, he is likely to lead BAM for many more years which by itself makes shareholders optimistic. The company has developed its own strategy based on certain competitive advantages and did the utmost to sharpen these advantages. I have been a BAM investor for more than 7 years with market-beating results and my only regret is that I had not discovered it earlier. The company, being simultaneously powerful and nimble, causes