Move from Cash to plastic is a societal move that will be underway for the next 10 to 15 years. Checks to debit cards is too strong mixed with the explosive growth of online retail, powered by computer growth worldwide, should provide growth as far as the eye can see. Strong management team with global exposure to boot. 51% of Business outside the US. 13% of portfolio

Buffett has been on fire in 07 after, what i believe, a lackluster performance (for him) in the previous three years. I like the way they are positioned to capitalize on current market turmoil. once again, another very low beta. 13% of portfolio

Some of the best management in the country, with a long history of outperfomring the S&P500. In addition, have raised the dividend each year for more than 10 years, with a $30 billion buyback. I also happen to use a lot of their products. more than 50% of the business outside the US. 9% of portfolio

Solid European play that has great growth in CEMEA, good dividend with a 10 billion dollar buyback. Less than 30% of the business is in the U.S., enabling it to capitalize on global growth. Also sports a very low beta. 9% of portfolio

One of the biggest tech companies with a smaller companies growth. Excelent management, very smart people working there, continued growth in the online ad space all spells well for Google. They stole youtube, and their moves into the moble phone industry are much smarter than actually creating hardware. low beta for a tech stock, little to no debt. I also think the large position taken by Fidelity provides support at key technical levels. 98% growth outside US. 12% of portfolio

I like the rails here, specifically on a P/BV basis, believing that the move towards green/clean tech will increase book value. To that end I like UNP the best to capitalize on green technology (GE as well) and this leads me to see it as the best pick in the group. CSX also does well in this, but is contained to the eastern part of the country and doesn't have the breadth UNP and BNI have. Warren Buffett, George Soros, Third Point, Atticus Capital, Blackstone, many smart people and even add Carl Ican to those in the rail space. 9% of the portfolio

out of all the construction companies I like their business approach the best. Keeping preferred customers as the large part of the business allows for growth stability. Construction should continue to be strong.

Baby boomer play, good management with a business that has no exposure to subprime or housing. Increased buyback and has no debt.