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Not every Brookfield investment works. But most have. Even my loss on Crystal River Capital worked out well for me. My loss on Crystal sheltered a huge gain from the merger of another (non-Brookfield) investment. Meanwhile BAM and BIP have served me well over the years.

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If you have owned them for a long time, I would think you have done well, particularly with BIP, which has seen its valuation explode. That said, "I have done well" does not mean "I will do well"? Edper shareholders learned that lesson very painfully.

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