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Stock Opinions by Peter Sacks

COMMENT
Corporate bonds in North America are not very attractive because yields are so low. The spread between corporate bonds and government bonds has narrowed as everyone has been reaching for yield over the last number of years.
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DON'T BUY
You have to ask, why would you invest in a split market and not buy the individual products themselves. You can't get everything in one product.
investment companies / funds
DON'T BUY
"A" Shares. New issue. Fell 6% on issue. Will probably get it up again in the coming weeks. Probably the best run airline in North America today but in a very competitive industry, which is highly capitalized and needs lots of money.
Transportation
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