This week, Barry and Ernest discuss the risks of alternativeinvestments and explain why long-term investing makes sense, before reviewing the current state of Canadian banks. 0:00- Intro2:20- Are alternatives suitable for investors? 13:25- Cracks in the housing market impacting banks15:55- What does long-term investing mean?19:30- What a long-term investor should look for? 22:30- How incentives lead to short-term performance26:35- Building conviction through research for the long-term 29:52- Incentives to sell "losers"36:00- Update on Canadian banks
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44:55
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44:55
Defending Big Tech’s AI splurge
Barry and Ernest are back from summer vacation and discuss why companies need to think locally in international markets, before breaking down how Big Techs can earn healthy returns on their massive capital spending on AI. 1:41- Ernest getting stuck in Europe 5:37- Importance of local operators9:04- Couche-Tard’s failed Carrefour deal14:50- Market update21:24- Google’s strong performance26:24- What’s the return for big tech capex?33:20- Will AI displace traditional software? 36:25- How AI impacts Constellation Software
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44:31
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44:31
Adobe: Still a Creative Compounder
0:00 – Introduction5:06 – Tariffs removing regulatory scrutiny on Americantech9:03 – Importance of culture for long-term performance15:28 – Update on Adobe27:58 – Netflix’s earnings34:26 – Domino’s earnings39:06 – MSCI’s earnings
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46:11
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46:11
Bye to Seven and I
In this week’s podcast, Barry and Ernest react to Alimentation Couche-Tard announcing it will drop their bid for Seven and i, before discussing TSMC’s quarterly earnings.
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45:24
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45:24
Mid-Year Check-In + Breaking Down National Bank
In this week's episode, Barry and Ernest review the first six months of 2025 deep dive into National Bank.0:00 – Introduction2:10 – A review of the first six months of 20258:22 – Good businesses outperform in volatility13:00 – Notable performers in the first half27:50 – Breaking down National Bank49:03 – Disruptors for Canadian banks?
About Long Term Investing - With Baskin Wealth Management
Welcome to the refreshing podcast that focuses exclusively on Long-Term Investing and how to grow your wealth. This podcast features in-depth discussions on quality businesses, great capital allocators and compounders. Show hosts, Barry Schwartz and Ernest Wong, are industry professionals with years of experience and each week they will bring you an exciting conversation that filters out the noise and gets to the heart of what really matters for Long-Term Investors.
Listen to Long Term Investing - With Baskin Wealth Management, The Canadian Investor and many other podcasts from around the world with the radio.net app
Canada - english