Ontario Teacher's hold a gold mine when it comes to their Pension Plan, a portfolio that currently holds $12.1 billion in investments. "It was recently announced that luxury brand Michael Kors was filing for an inital public offering of common stock...(read more)" Kors reportedly made $72.5 million on revenue of $803.3 million in 2011. Reaching the billion dollar mark in 2012 we see that this was a very wise investment. Now if we can just get our teachers to wear more Michael Kors!
Souce: Toronto Life
Article written by: Kevin Naulls
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