Have found that as in most things, linear logic usually leads to bad outcome. Diet is a great example; too many or too few of the essential vitamins, carbohydrates, proteins or types of fats due to distorted logic.
The same goes for investments.
In 2008 it seem to be a no-brainer to invest in infrastructure broadly instead of in just the best construction stocks. Not a great return.
Now however, with stimulus to the financial sector as well as tax cut not having any real effect on boosting the economy, infrastructure stocks should finally shine. Infrastructure funding in the US should be red hot right away, but perhaps not for about six months in Canada.
Due to an unexpected win during the last election, with a majority, the Federal Liberals have dragged their feet on infrastructure until their cronies could get their act together (Quebec corruption inquiry) and also get the biggest political bang by releasing the money closer to the next election.