Brookfield's Bruce Flatt: Billionaire Toll Collector Of The 21st Century

 

Forbes profile of Brookfield Asset Management's Bruce Flatt.

Brookfield's Bruce Flatt: Billionaire Toll Collector Of The 21st Century

"All told, Brookfield has 2,000 projects across 30 countries on five continents, encompassing $250 billion in assets and 70,000 employees. President Trump talks about an infrastructure plan--Bruce Flatt is actually executing one."

"Flatt has been called Canada's Warren Buffett not only because he's a contrarian, long-term investor but also because his investment strategy relies less on price than on patience and the power of compounding income streams. "We will pay more for quality because in the fullness of time, real assets will generally always go up in value," Flatt says. "We'd rather earn a 12% to 15% net return over 20 years than a 25% return over three.""