An excellent company and brand with locations around the world. They have tremendous growth. Because of the valuation at over 22 times earnings he would never buy it, except in a significant pullback.

Methanol is highly correlated to the price of oil. There are always concerns about Chinese producers producing more from coal. If you are an owner then just enjoy the ride while it is going up.

He has owned it in the past. An engineering company that said it would not buy a construction company and in the past 6 months they invested in a company that did water treatment and it had a construction component. It has come down a lot and it is attractive to him now We will have to see how this acquisition in the UK goes. He would buy now for the long term.

Investing in a Canadian company you get the dividend tax credit. In the US you get a 15% withholding tax. Continue to hold telecoms in Canada. BCE-T has come down, but he would continue to hold it.

They invest in companies and take a royalty. They have about 16 businesses. Some have not worked out. His issue with a royalty company is that he wants to know the detailed financials for all of their companies in the portfolio and he does not get them.

They announced the acquisition of a UK company yesterday. They are big in public infrastructure. When they report their Q3 results there will be a currency impact on earnings, but he likes it and owns it and is buying it.

(Top Pick Jan 22/16, Up 37.84%) They are winning contracts in pension management and are very good at maintaining clients. The payout ratio is going down and he thinks they will continue to grow. Yield of about 4%.