Long Term Investing - With Baskin Wealth Management

If you like dividends, you will love this episode! Barry and Ernest discuss the rationale of owning Canadian Energy stocks for income. We also give an overview of the Canadian telco industry and review whether the dividends of the big three are sustainable.

Packed show today with a great discussion of "Higher for Longer" and what it means for your portfolio, a quick review of our Copart thesis and then our feature discussion on the Canadian Banks. We review the risks facing the Canadian Banks given higher interest rates and the impact on the Canadian consumer in the short and medium term. Finally, we discuss the long term bullish outlook for Canadian Banks and the reason why prefer National Bank. https://cccis.com/news-and-insights/insights/what-is-vehicle-complexity-really-costing-us/?utm_source=Newsletter&utm_medium=Email&utm_campaign=CCC+Trends+September+2023&utm_term=Trends+Newsletter+September+2023

We are back with a great conversation about Amazon. The everything store and cloud giant is firing on all cylinders. Has new CEO, Andy Jassy, finally set Amazon up for sustainable profits going forward? Tune in and find out...

Back from vacation with our best podcast ever. Ernest and I discuss why we love companies that have the owner operator mindset and make themselves invincible on the balance sheet. Then we discuss our feature company, the profit machine called Apple. We talk about the current criticisms of the company and why we feel the best days stay lie ahead. Check it out!

In this week's episode, Barry and Ernest discuss disruptions in the trucking industry, Constellation Software's big deal, and react to Netflix's earnings.

This week's episode is a grab-bag of random topics. Ernest and I touch on the Magnificent Seven (the seven mega-techs that are driving the current rally), Domino's partnership with Uber, the FTC case against and Activision and Microsoft and the implications for Adobe, risks in the Canadian grocery sector and why we don't buy fashion businesses. Check it out!

Join us for another great episode! Today we talk about the under-performance of the TSX year to date, the volatility of a stock's performance in any one year, dividend stocks vs. interest rates and why we don't buy alts for our clients. Our feature conversation is our research process to find High Quality Investments. Ernest dives deep into our strategy - to own a carefully selected portfolio of well run companies and hold them forever. Dontcha dare miss it!

This week’s episode discusses Netflix’s initial success in cracking down on password sharing, followed by a rare macro forecast from Ernest, and then finally our feature company: a “boring” property management/renovations company that has delivered anything but boring returns. https://www.antenna.live/post/a-first-look-at-the-impact-of-netflixs-password-sharing-crackdown   https://www.desjardins.com/on/en/savings-investment/economic-studies/canada-mortgage-debt-may-25-2023.html

Ernest and I, kick off this episode with a discussion about AI and Nvidia as well as stock price volatility, then we move on to talk about the opportunity in Brookfield Corporation. Next we discuss the lacklustre results of the Canadian Banks and then it is our feature discussion...CCL Industries. CCL is the largest label maker in the world and is one of the greatest capital allocators in North America (that you may never heard of). Check out Ernest's blogs on Brookfield and CCL Industries to find out more: https://baskinwealth.com/an-ernest-opinion/a-compounder-thesis-for-brookfield-corporation/ https://baskinwealth.com/blog/great-capital-allocation-makes-a-great-company-ccl-industries/

This podcast delivers in just over 30 minutes a hot, tasty and fresh take on Domino's Pizza. Domino's stock soared during 2020/2021 but has pulled back significantly on pizza fatigue. We think the long-term growth thesis is unchanged and we look for brighter days ahead as shareholders. Check it out!

All aboard! Grab your ticket, sit back and enjoy the relaxing ride as you learn all about the Canadian Railroads: Canadian National Railway and Canadian Pacific Railway. Canadian Railroads are such great businesses. The growing population, the geography, the resources - perfect set up for years of growth.

This week we have a very special guest....David Baskin, Chairman, Founder and Portfolio Manager at Baskin Wealth Management. In our opening discussion, David explains why inflation expectations matter more than the current inflation number and gives his take on the Federal Reserve and Jay Powell. Then David discusses what happened to one of Canada's premiere money managers, Gluskin Sheff. Finally, David tells us why he is still bullish on Canadian Banks given the recent negative headlines. https://baskinwealth.com/latest-news/monthly-newsletter-march-2023/

Costco's stores are so busy that no one goes there anymore, just kidding! Costco store traffic continues to be very strong, Costco's balance sheet is in great shape and many expect a special dividend and membership fee hike shortly. In the meantime, Costco continues to open stores at a measured pace around the globe. Ernest and I profess our love for Costco and give our thesis why you should pay up for this great business. https://baskinwealth.com/an-ernest-opinion/costcos-true-moat/ https://baskinwealth.com/an-ernest-opinion/costcos-e-commerce-opportunity/

Ernest and I tackle a controversial investment, Live Nation. We start the podcast by discussing why we still see value in "Big Tech". Then we move on to our feature company, Live Nation. We discuss why artists need to tour to make money, the rationale behind the Live Nation and Ticketmaster merger and why Live Nation will thrive going forward. A great episode, check it out!

In this week’s episode, Barry & Ernest discuss the prospects for the Canadian energy sector and our recent investment in Canadian Natural Resources.   https://baskinwealth.com/blog/why-we-are-buying-an-oil-company/   Learn more about Google's moat here : https://www.justice.gov/opa/press-release/file/1563746/download   

Alain Bedard has built a trucking giant in TFI International.  Come learn about one of the best capital allocators in Canada.  

Happy Friday! We are back with another episode of the Long Term Investing Podcast.  In today's episode, Ernest and I, talk about Factor Investing and have a feature discussion about Netflix.  The stock market rally in 2023 has caught everyone off guard, we review what's working and what's not and what companies are saying about a possible downturn to come. We also do our best to describe what a Factor is and how important Factors are to portfolio management.  Finally, we spend some quality time with Netflix. Its stock has doubled since last June, is there more to come?  We sure hope so and more!  

Welcome back to the podcast!  A new year brings us the first Long Term Investing Podcast of 2023.  Please join us as we talk about ChatGPT and it's possible implications on Google. Plus, Ernest and I, go in depth on the Brookfield Asset Management Spin-off.  

Happy Friday!  You'll love this episode as Ernest and I talk about Mark Leonard, Constellation Software, as well as Restaurant Brands. We talk Mark Leonard's beard, Ernest learns a yiddish word, and why we think the Constellation growth strategy is far from over. Then we talk Restaurant Brands. We review Patrick Doyle's stellar track record at Domino's Pizza and why we think he can recreate the magic at Restaurant Brands.

Canadian Real Estate Investment Trusts have had a tough year on the back of rising interest rates and worries about inflation and a possible recession. Ernest and I review the current landscape and discuss the opportunities and risks with Canadian REIT's.  An interesting discussion as always!  Please enjoy

I'm joined today by Ernest Wong, Head of Research at Baskin Wealth Management.  Ernest and I discuss his recent blog on big tech https://baskinwealth.com/an-ernest-opinion/the-bottom-line-for-big-tech/  as well we talk about the GOAT, Warren Buffett.  A fun show as always!

In  today's episode, I'm joined by Ernest Wong @ernestwongbwm, Head of  Research at Baskin Wealth Management. Ernest and I discuss interest  rates, give examples of our long term investing approach, discuss  Ernest's blog on our site,   https://baskinwealth.com/an-ernest-opinion/creating-value-in-volatile-markets/  , and give examples of companies that we believe will do well in a  downturn. Including Ferrari, Domino's Pizza, CoStar, Copart and Costco.

In the first of a new Podcast series, Barry Schwartz, Chief Investment Officer at Baskin Wealth Management,  discusses the  ongoing market volatility and how we are positioning client portfolios  with companies that we believe, in the long run, can withstand the  challenging economic environment.