He is a long term investor. He bought LNR-T hoping it would be a beneficiary of the NAFTA negotiations. It worked for a day or two and then came down. The negotiations still have to be ratified. Use this as an opportunity to buy this great company at a low price.

It has a bigger European exposure than LNR-T. You are subject to global trade agreements and the auto cycle. He would buy auto parts companies to take advantage of the weakness.

(A Top Pick Nov 21/17, Up 13%) Swiss Chalet, St. Huber and The Keg. They brought in new management and made the two good acquisitions. They should report results any day now and he would stick with this one.

(A Top Pick Nov 22/17, Up 7%) Enterprise software and consolidator. They are doing a good job. He met last week with them. He would have them run any business and buy shares. It is a long term hold for him.

(A Top Pick Nov 22/17, Up 5%) They had come off a patent cliff. Now earnings are doing better. The whole US healthcare area is looking good. This one sells at a lower multiple than North American ones.

He has SLF-T and two US lifecos. He avoided MFC-T because of legacy products that he had issues with, as well as legacy acquisitions. They are starting to address them one at a time. He likes lifecos but you could own this one.

LB-T vs. BNS-T. Both are safe. He owns BNS-T. It is never a good idea to chase yield. BNS-T is the most international bank in Canada.