Q: How about a stock pick? A: I don't think there is a stock I like better than Cisco Systems. They'll be a major beneficiary of the technology revolution, and their earnings have been fantastic. The only reason the stock came down a bit is the CEO mentioned the company would feel some effects from the subprime mess through its financial customers.

Q: What else? A: Coca-Cola [KO], which is not typical for us. I have never owned Coca-Cola, and I didn't think I would ever own it. But they are getting their house in order, and there is no better-known name in the world than Coca-Cola. So that is a global play

Q: What about on the industrial side? A: Bucyrus International [BUCY]. It makes coal shovels. With the margins the energy companies are making, they can afford to dig, and that is what they are doing. It is a very attractive stock.

Q: And information technology? A: We just bought Nvidia [NVDA], which makes semiconductor graphics packages for cell phones and video games.

Q: And information technology? A: We recently bought EMC [EMC], as well. It's a play on global computer storage, and we like that their earnings have been rising.

Q: And information technology? A: We also like General Cable [BGC]. They make cable for all sorts of industries, from electric utilities and mining to telecom. They are also benefiting from the global boom. They bought manufacturers and suppliers in Germany and China and have a partnership in India.