Great management.

Likes gold and all the major gold companies are great.

One of the largest single property/casualty insurance companies in Canada. Had a bit of a downer with its investment portfolio but are currently very confident of moving back into an acquisition mode. Have excess capital so do not need to raise debt. Brilliantly run.

(A Top Pick Dec 12/07. Down 31%.) Depends on the ability of selling to cautious farmers.

(A Top Pick Dec 12/07. Down 73%.) A fund that contains the global markets. Sold his holdings.

(A Top Pick Dec 12/07. Down 86%.) Oil sands. Carried down heavily with all oil/gas companies. Very long-term development plans. Needs a great improvement in the sector.

Little uneasy about the determination of governments to put a lot of money into infrastructure. This company is fine. Just don't go overboard in believing infrastructure is the magic potion.