Brookfield Infrastructure Partners L.P. (BIP): A Bear Case Theory

We came across a bearish thesis on Brookfield Infrastructure Partners L.P. (NYSE:BIP) on DF Research’s Substack by Keith Dalrymple. In this article, we will summarize the bears’ thesis on BIP. Brookfield Infrastructure Partners L.P. (NYSE:BIP)'s share was trading at $31.97 as of Dec 26^th. BIP’s trailing and forward P/E were 99.90 and 48.78 respectively according to Yahoo Finance.

[caption id="attachment_1235656" align="aligncenter" width="768"] A slow moving freight train, revealing the importance of railway equipment.[/caption]

Brookfield Infrastructure Partners (NYSE:BIP)...