Undervalued assets, predominantly in Canada.

5% dividend, 5% yield. Best management in the tanker industry. Severely undervalued assets which would benefit immensely by going private.

Carbon fiber will be HUGE and these guys are just starting to execute. Need a few more quarters for things to kick into high gear, but the risk is waiting too long.

Had an off year in 2006, but 5 and 10 year returns beat benchmark. Look for it to outperform in 2007.

Alternative energy pick

Revolutionary new product - MRAM which stores information using the spin of electrons. Very, very small and risky, but huge pay-off if the product takes off. Would surely get acquired also.

An ETF made up of Indian companies.

I've got a man-crush on Ken Heebner because his funds do so well.