qfx

Let’s address the elephant in the room: Institutional investors are currently playing musical chairs with Bitcoin, and the music’s not stopping anytime soon. The grown-ups in pinstripe suits have decided crypto is the new black, and their buying spree makes my monthly coffee budget look quaint.

As a global asset manager, Brookfield Asset Management monetizes third-party capital through fee-based structures, with a historical focus on infrastructure investments. Recently, the firm has diversified into clean energy, real estate, private equity, and credit markets. Collectively, these segments support a fee-bearing capital base of approximately $550 billion-a figure management aims to double to $1.1 trillion by 2030.

But lo and behold, change has arrived, and the P/E ratio has fallen as steadily as a large hat at a summer garden party. It now sits at a modest 35, which, considering the company’s past sky-high valuations, is about as cheap as one is likely to see Amazon anytime soon. If I may make a bold claim, this could very well present an opportunity for those with a sufficiently strong stomach for the rigours of investing.

Now, when the dust settles on 2024, we find that three of those seven giants-Nvidia, Microsoft, and Meta-still walk with purpose, leading the charge. But some of the old soldiers, like Apple and Tesla, seem to have found themselves tangled in the weeds, losing ground. So, while there are those who see opportunities in their struggles, the smart money-well, it’s pointing toward a single name that looks destined for even greater heights.

Currently worth around $265 billion, AMD would need to grow by 277% in just five-and-a-half years. For those keeping score at home, that means churning out an annual growth rate of roughly 27%. Now, I know what you’re thinking: “Twenty-seven percent? That sounds as likely as Moses getting Wi-Fi on Mount Sinai!” But hold your horses-or should I say GPUs-for there *is* method to this madness.