Brookfield Asset Management (BAM) has been one of my favorite stocks in recent years. In fact, since I first went publicly bullish on the stock, it has convincingly outperformed the S&P 500 (SPY) when accounting for the recent stock split.
Management continues to paint a rosy picture for years to come, even claiming that its returns in the coming decade could very likely outperform its performance over the past decade if the world economy and capital flow trends perform in line with its projections. The company expects that continued low interest rates will