This week, Barry and Ernest discuss the underperformance of high-quality companies, provide an update on some companies in the financial sector and Big Techs, and defendpublic equities as an asset class.  0:00- Intro7:38- Unprofitable company stocks16:20- MSCI, TMX, and Moody’s update24:15- Meta’s splurge on AI33:40- Google and Microsoft’s earnings 39:58- Why we invest in stocks
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52:04
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52:04
We are sticking with compounders
This week, Barry and Ernest break down Apple's stock price resurgence and review earnings from Netflix, TSMC, and Waste Connections before explaining if it still makes sense to own compounders.0:00- Intro4:40- Apple update11:54- Thoughts on smart glasses18:05- Netflix's earnings32:23- TSMC's results39:31- Waste Connection's earnings42:58- What is compounding? 48:48- Characteristics of compounders55:51- When to sell compounders?
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1:00:23
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1:00:23
Ferrari’s pit stop through 2030
In the latest episode, Barry and Ernest provide an update onConstellation Software's management changes, earnings from Domino's Pizza and Costco, and Ferrari's strategy over the next 5 years. 0:00- Intro6:25- Market update and deals between big techs 9:40- ConstellationSoftware's CEO succession18:50- Domino's Pizza update 28:40- Costco update32:16- Ferrari's investor updateÂ
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45:56
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45:56
Constellation's AI playbook
This episode was recorded before the sad news that Mark Leonard had to step down as CEO of Constellation Software for health reasons. We wish him a full and speedy recovery. This week, Barry and Ernest react to Constellation Software's conference call about the risks and opportunities of AI to their business. 0:00- Intro4:34- Constellation's AI conference call13:53- Geoffrey Hinton's radiologist prediction14:58- AI concerns for Constellation24:48- AI opportunities for Constellation27:02- Constellation's decentralization 32:00- High hurdle rates for M&A
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34:29
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34:29
Getting carried away with Brookfield
This week, Barry and Ernest provide an update onBrookfield after its annual investor day, before breaking down Adobe's earnings and business updates. 0:00- Intro6:40- Brookfield annual investor days9:38- BAM's AI strategy17:27- BAM's retail opportunity 18:51- BAM carried interest 20:41- BN's insurance business31:48- BN's real estate update 35:19- How BN's insurance growth benefits BAM 39:39- Adobe updateÂ
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.
Canada - english