BUY

He's bullish. Their last quarter was pretty good. All plastic companies have faced rising costs (oil). This will grow only by acquisition which they're good at doing. Likes its management and strategy.

STRONG BUY

He was amused by its last earnings. They already have two billion users, so they won't grow by leaps anymore. Be real--investors were disappointed by their weak user growth? Rather, what share of online advertising do they hold? With Google, Facebook dominates here. Their ad revenue stream is deep and long. Advertisers continue to go to the internet, which is Facebook and Google. Advertising, not user growth, is the metric to look at. The plunge on Facebook after earnings last month was way overdone.

DON'T BUY

In a very competitive space now--which is the big problem--unlike when Intel began. That's why he doesn't own it.

TOP PICK

People are watching content online through streaming. They will compete with Netflix. They also have theme parks, cruise ships and movies, all moving in the right direction. (1.5% dividend, Analysts' price target: $120.00)

TOP PICK

They just had a blow-out quarter, and are taking advantage of the shortage of trucking on the road. They have executed like crazy. Loves it. (1.7% dividend, Analysts' price target: $49.29)

DON'T BUY

His concern is that a lot of their properties are gas stations, which he predicts will decline as the use of e-cars rises. This stock has seen tremendous growth the past five years, but doubts there are more worlds to conquer.

BUY

A lot of the yield stocks have had a tough year, including this one, due to rising interest rates. He doesn't buy that. Interest rates haven't risen that much and these yields are still a lot higher than bonds.

PAST TOP PICK

(Past Top Pick, August 22, 2017, Up 0.55%) It's had ups and downs the past year with problems in inventory and pricing. Their last forecast expected prices to improve a lot. He agrees that demand for railway ties is robust.

COMMENT

It's one of the best ways to make money in India, but are they smart enough to do it? The jury is still out. Prem Watsa is a smart guy, but is a little more volatile than the market. There are more predictable companies to own.

TOP PICK

They've bought a lot of little companies that specialize in "vertical applications" which fulfill a single purpose and do it well. They then divided them into six divisions they manage. They could aquire far more, so they have a big possibility of growth. The street didn't like their last quarter, but investors should look at the long-term: can they use their capital wisely to make these acqusitions? Yes. Based on the past, they are smart acquirers with 31% ROE on these purchases. Smart managers. (0.5% dividend, Analysts' price target: $1,073.58)