Brookfield makes only small incremental mistakes over 35-year operating history without material irreparable harm, demonstrating that disciplined downside-focused process prevents catastrophic losses while enabling learning and adaptation from smaller errors.
factualpending
Speaker
Bruce FlattEvidence Quote
“We make mistakes. We try to make small mistakes...in the last 35 years we've been right generally on the large things and nothing has been uh irreparably harm uh harmful.”
Source
Lessons from a lifetime of investing and outperforming | Bruce Flatt— The Knowledge Project PodcastCreated: 8/11/2026, 7:11:43 AM
My Notes
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