are implicitly poor enterprises which we would not want to hold for the long term". Again, this strategy has meant that AIC has significantly underperformed the S&P index, but Lee-Chin stated in 2006 that he believed that the current boom is just another bubble. Lee-Chin describes the market since 1990 as "a series of rolling speculations", and now "we see a commodities bubble". Business strategy While at Investors Group, he studied the strategies of successful investors, such as Warren Buffett, Benjamin Graham and Kenneth Thomson. Their buy and hold strategy is easily recognizable in the motto of AIC – Buy, hold and prosper. He also invested in public investment management businesses which benefit from a rising market in two ways. In a rising market stock in portfolios go up and more people become investors and increase existing investment. Business ventures owned or operated by Michael Lee Chin Columbus Communications – Columbus Communications Jamaica Ltd / Flow Jamaica FibraLink CVM Television Group Merit Communications New World Network Americas Region Caribbean Optical-ring System (ARCOS) Sauce Cable Company Affordable Enterprise Ltd Cabana Cable Ltd Dynamic Corp, a company in the making Eastern Cable Network Ltd Home Commercial Satellite Ltd Universal Cable Network Ltd Columbus Communications Trinidad Ltd/Flow Trinidad Columbus Communications Grenada Ltd/Flow Grenada Eastern Caribbean Gas Pipeline Company (ECGPC) National Commercial Bank Jamaica (NCB) Radio Jamaica Reggae Beach (resort), Jamaica Senvia Total Finance Bank of Trinidad & Tobago Ltd Trident Hotel (Resort) Wallenford Coffee See also List of billionaires References External links Lee Chin secures US$80m for Caribbean fund (7 May 2006) – Jamaica Observer Lee Chin's media push Silver Rights Breaking news Michael Lee-Chin Family Institute for Corporate Citizenship 1951 births Businesspeople from Ontario Canadian billionaires Canadian chief executives Canadian investors Canadian people of Chinese descent Canadian philanthropists Chief executives in the finance industry Jamaican chief executives Jamaican emigrants to Canada Jamaican people of Chinese descent McMaster University alumni Members of the Order of Jamaica Members of the Order of Ontario Naturalized citizens of Canada People from Port Antonio Royal Ontario Museum Living people Wilfrid Laurier University people Black Canadian businesspeople