Brookfield Asset Mgmt BAM has outperformed the market over the past 20 years by 10.68% on an annualized basis.
Buying $100 In BAM: 20 years ago, an investor could have purchased 45.6 shares of Brookfield Asset Mgmt at the time with $100. This investment in BAM would have produced an average annual return of 17.94%. Currently, Brookfield Asset Mgmt has a market capitalization of $93.20 billion.
Brookfield Asset Mgmt's Share Price Over Last 20 Years
If you had invested $100 in Brookfield Asset Mgmt you would have approximately $3,909 today.
In other words, you would have more than 30X'd your money.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
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