The Trillion-Greenback Blueprint (Worth, Self-discipline, Sturdiness) [The Knowledge Project Ep. #221]

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Bruce Flatt manages over a trillion {dollars} however claims it’s ‘not that a lot cash.’ On this uncommon dialog—solely his second public podcast—the Brookfield CEO reveals why draw back safety issues greater than upside goals, and the way specializing in what can go incorrect delivered 19% annualized returns for 30 years.

Flatt shares candid insights on three megatrends reshaping the worldwide economic system: the AI infrastructure increase (‘we’re within the first inning’), the unstoppable shift to photo voltaic and wind (pushed by economics, not ideology), and the huge repatriation of producing to the West.

However the true revelation is Brookfield’s funding philosophy: ‘Upside takes care of itself.’ Their funding committees focus nearly completely on what might go incorrect. When pressed about Brookfield’s notoriously complicated construction, Flatt offers unusually direct solutions about why simplification would harm shareholders.

A masterclass in affected person capital from somebody who’s confirmed that common returns over an above-average interval equal extraordinary wealth.

Bruce Flatt is the Chief Government Officer of Brookfield, a worldwide funding agency centered on various asset administration, wealth options, and its working companies, with over $1 trillion in property underneath administration. Flatt joined Brookfield in 1990 and have become CEO in 2002. Below his management, Brookfield has developed a worldwide working presence in additional than 30 international locations.

The opinions shared on this podcast belong solely to these expressing them. Hosts and visitors could maintain positions within the securities mentioned. This podcast is meant to supply normal data solely and shouldn’t be thought of monetary recommendation.