Sergey_P/iStock via Getty Images Brookfield Asset Management (NYSE:BAM) used to be my favorite overall alternative asset manager due to its phenomenal long-term track record of generating outsized total returns, its sticky earnings stream from having almost entirely long-dated and permanent capital in its assets under management, formidable competitive advantages, an asset-lite business model that also benefits from co-investments from Brookfield Corporation (BN), debt-free and cash-rich balance sheet, and ...