Onex Corp

Bought a year ago. Great record in private equity. It’s moved up a lot from where it was a couple of years ago and is not cheap any more. Likes the company but would not be now.

(A Top Pick June 3/10. Up 33.77%.) Manages a tremendous amount of money and gets 20% on any profit. Always trades at a discount to its NAV, which he currently thinks is 20%. Still a good buy.

Selling the Husky International Molding business at a very good price. Have a couple of other businesses that are potentially for sale. Trading around NAV right now. You'll have to be very patient to see more shareholder valuation.Try to buy in the low $30s.

Nice upward trend. Now we see signs of it reaching a resistance level. Yesterday it moved through a medium term support level. You have an early warning signs that this stock is not going to go higher. Watch this carefully.

Leading Canadian equity firm. Portfolio of public and private investment worth, on a Net Asset Value basis, around $35 a share. The more interesting component is their very large asset management business of about $7 billion, which he believes the market is overlooking.

(A Top Pick Dec 15/09. Up 26%.) Very smart management team. Changed the company into an asset management. During hot stock markets when companies can go public, they can exit from some of these very profitably. Managing huge pools of private capital and has a “carried interest” giving it both management fees and 20% of the profit.

They were dormant in all of 2009. They just made their largest acquisition to date. Flush with cash. Thinks there are tricks up their sleeves. Expects a dividend increase in 2011. Maybe they will spin out their asset management business and may be buying back shares.

(A Top Pick Nov 19/09. Up 27.28%.) This one does really well in a hot stock market. Still a Buy.

(Top Pick Nov 19/09, Up 29%) Still cheap. People will get more interested in this one as they exit some of their past investments.

Reasonably valued at these levels. Recently made a couple of acquisitions.

Trades at a significant value to the value of its assets. Don’t know when those assets will be liquidated. Could be $3-5 of hidden value.

(Top Pick Mar 12/09, Up 88%) One of the biggest employers in Canada. No one knows how to value it. It’s driven by events.

Holding company with a great long-term track record. Recently purchased this at around $24. About $8 a share in cash and an asset value of about $38. We prefer it down $1 or $2..

If you want a first-class equity company, buy this one. Trades at a discount to NAV of around $33. First-class management. You'll have to hold it for about 5 years but should do quite well.

(Top Pick Mar 12/09, Up 67.58%) Still likes it.