Brookfield Asset Management Inc (A) (BAM.A.TO)

Preferred P's. Would you sell at this level or hold to redemption in 2014? He likes this one. A very short term one. 7% dividend.

Preferred shares are a little more sensitive to interest rates so you should be cautious of any rising interest rate environment. This one always trades at a discount to NAV. Expects this one to outperform in the next couple of years.

They do real estate, infrastructure, renewable energy and private equity. 1.7% dividend. Net asset value is between $43 and $45. Great management. The infrastructure space will grow rapidly and they understand the infrastructure business and can grow it through acquisitions. Also, they can see where value is in real estate. Lots of cash and credit. Global franchise.

This is effectively a conglomerate. Smart investors and know when to put money to work. Have some great assets on their real estate side. Should continue to do well. This is one you own for the long-term and it chugs away slowly. There are going to be more and more things they can do on the infrastructure side. The one issue they face is that they compete a lot with pension plans, etc.

(Top Pick Oct 18/11, Up 27.21%) They are working their agenda. Exposure in England, Australia, Latin America. Everything they have brings in income. Chart is starting to look good. Can survive the bad weather as they did last time. If we get into a global recession, you don't want to stay in this one.

Great company with great assets and they do a great job of developing those assets. They buy them cheap and keep them or move them into one of the other parts of the group. Well managed.

(A Top Pick Oct 20/11. Up 24.67%.) This has been a core holding for almost a decade. Worth $40 a share.

5.29% bond maturing April 25/17. (Top Pick Nov 28/11, Up 7.6%)

4.54% bonds maturing 2023. You are lending to a holding company but they are hard asset investments, diversified over North and South America and Europe. At a spread of 233 basis points for 10-years there is a decent pickup for the risk.

(Top Pick Nov 04/11, Up 4.44%) Preferred 5.45%.

(Market Call Minute.) ROE has been declining recently. He would look for a much cheaper entry point.

Great-looking chart. Over the years, the company has done quite well. Variety of assets including real estate, power facilities. Yield is not that attractive, but on a long-term growth basis it has been quite successful.

Biggest name on the TS X real estate index, even though it is mainly in the US. Has big real estate but also has other things that add value. Global exposure. Huge cash generation. This is one you buy for the long-term. 1.6% yield.

(A Top Pick Nov 28/11. Up 5.67%.) 5.29% bond maturing April 25/17. His company has liked their common shares for some time and thinks it is an undervalued credit in the bond market.