
TSE:MFC
More horsepower in Manulife than Power Corp for a similar business. MFC has better risk/reward long-term, with a good-sized dividend while you wait.
He owns Sun Life and Great West Life instead. Insurers have suffered. Growthier companies are getting the attention, especially in a low interest rate environment. Good value over time, but that's not in favour right now. Has recovered from the March lows. Nothing against it.