Brookfield Asset Management Inc (BAM)

[Investorman]

In late June, safevalue noted that Brookfield is "involved in high quality long life assets, that produce free cash flows ... the company has a great CEO who is value and investor conscience ( Bruce Flatt)."

An earlier pitch from TMFMattyA in March shares that bullish sentiment, highlighting the stock's cheapish valuation (which, like everything else, is even cheaper today):

Finally, BAM is on sale. You just don't get too many opportunities to invest in a management team like this at a reasonable price. This company controls a vast portfolio of quality, stable, cash-producing assets, and features a management team that really knows how to allocate capital prudently. Like [Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B)] and [Markel (NYSE: MKL)], I think this is one of those few companies that you can hold onto forever.