Brookfield Corporation Looks More Like Berkshire Hathaway Every Year. Is It Time to Buy?

May 10, 2026 - 04:12

For decades, Brookfield Corporation has quietly built a reputation as a compounding powerhouse, steadily generating wealth for its long-term shareholders. The company's evolution increasingly draws comparisons to Warren Buffett's Berkshire Hathaway, and for good reason. Both firms operate as holding companies with a focus on capital allocation, owning a diverse portfolio of businesses across multiple industries. Brookfield, however, has carved its own path by specializing in real assets like infrastructure, renewable energy, and private equity.

The similarities are striking. Like Berkshire, Brookfield uses its insurance float and retained earnings to fund acquisitions and internal growth. It has a decentralized management structure that empowers its operating subsidiaries. And it has a long track record of disciplined investing, often stepping in to buy assets when others are forced to sell. Over the past 20 years, Brookfield's stock has delivered total returns that rival, and in some periods exceed, those of Berkshire.

But the question remains whether now is the right time to buy. Brookfield's shares have performed well recently, driven by strong results in its asset management and infrastructure segments. The company benefits from global trends like the energy transition and digitalization, which require massive capital spending. Yet some analysts caution that the stock is not cheap, trading at a premium to its net asset value. the company's heavy exposure to real estate and interest-rate-sensitive assets introduces risk if economic conditions worsen.

For patient investors who believe in the long-term thesis, Brookfield offers a compelling mix of growth and stability. It is not a direct copy of Berkshire, but it has proven it can create value across market cycles. As always, timing the market is difficult, but buying a piece of a well-run compounder like Brookfield has historically rewarded those who hold on through the ups and downs.