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.
10
Chips and Streaming
<p>Barry and Ernest explain how narratives impact near-term stock movements, before reviewing earnings and the 2026 outlook for Taiwan Semiconductor Manufacturing Company and Netflix. </p><p><br></p><p>0:00- Intro</p><p>1:31- Stock price narratives</p><p>5:27- Constellation Software disruptive threats</p><p>14:15- TSM’s strong growth </p><p>18:47- Netflix update </p>
Fed Turmoil and Credit Card Rate Caps
<p>In this week's episode, Barry and Ernest discuss the criminal investigation of Jerome Powell as well as the US proposal to cap credit card interest rates at 10%. </p><p><br></p><p>0:00- Introduction</p><p>1:53- Narratives driving stock prices</p><p>5:36- Jerome Powell criminal investigation </p><p>13:56- Credit card interest rate cap </p>
Venezuela + Financials outlook
<p>Barry and Ernest are back in 2026! They break down the implications of Venezuela on the Canadian energy industry, before providing an update on several companies in the financial industry. </p><p><br></p><p>0:00- Introduction</p><p>2:16- How Venezuela impacts Canada</p><p>12:06- Why we own CNQ</p><p>14:39- Strong performance for financials</p><p>19:59- TMX Group update</p><p>21:24- Moody's update</p><p>27:40- MSCI update</p><p>30:40- Visa update </p>
Looking back at 2025
<p>This episode, Barry and Ernest review 2025 including both highlights and lowlights for the markets</p><p>and the portfolio. </p><p><br></p><p>0:00 - Intro</p><p>4:06 - Lowlight 1: The Canadian Dollar</p><p>8:09 - Lowlight 2: Constellation Software</p><p>17:00 - Lowlight 3: Large M&A </p><p>21:50 - What’s nextfor AI</p><p>29:03 - Highlight 1: Google’s rebound</p><p>34:41- Baskin’s portfolio changes</p><p>39:39 - Strong fundamentals </p>
Netflix's HBO drama
<p>This week, Barry and Ernest discuss Telus's high</p><p>dividend yield and Canadian dividend stocks, break down Netflix's motivations</p><p>for buying Warner Brothers Discovery, before wrapping up with an outlook for</p><p>the Canadian banks. </p><p><br></p><p>0:00- Intro</p><p>5:00- Telus's dividend trap</p><p>8:40- Attractive Canadian dividend payers</p><p>12:48- Netflix's bid for Warner Brothers Discovery</p><p>16:56- Poor track record of media mergers</p><p>21:08- Netflix's motivations for buying WBD</p><p>33:04- Canadian bank update </p><p>40:14- 2026 for the Canadian banks </p><p>42...
Filling up on Couche-Tard
<p>This week, Barry and Ernest review results for Alimentation Couche-Tard and Copart before breaking down Netflix offer to purchase Warner Brothers Discovery. </p><p><br></p><p>0:00- Intro</p><p>8:33- Alimentation Couche-Tard's rebound</p><p>15:04- Canadian compounder buybacks</p><p>24:17- Copart's earnings</p><p>30:29- Copart's low-value car problem </p><p>36:42- How AVs impact Copart </p><p>39:00- Netflix's bid for Warner Brothers Discovery </p><p></p><p></p>
Drilling Down on Canadian Energy
<p>This week, Barry and Ernest review quarterly results for some more names before providing an update on their two favorite Canadian energy names. </p><p><br></p><p>0:00- Intro</p><p>4:24- TransDigm outlook</p><p>10:16- Great capital allocators pivot </p><p>14:55- Garmin update</p><p>19:33- Brookfield update</p><p>24:51- Buffett's pitch for Berkshire stock</p><p>29:13- Why we own CNQ</p><p>36:43- Tourmaline's business model </p><p>39:43- Data center tailwinds for natural gas </p><p>42:29- Country-level risk for commodities </p><p></p><p></p>
Reviewing Q3 earnings for Apple, Amazon and more
<p>This week, Barry and Ernest give an update on a number ofcompanies including Apple, Amazon.com, TFI International, and Live Nation. </p><p><br></p><p>0:00- Intro</p><p>15:08- Apple strong results</p><p>26:08- Amazon and AWS growth </p><p>33:52- TFI's 2026 rebound</p><p>40:26- Live Nation update </p><p></p>
Sticking with stocks
<p>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. </p><p>0:00- Intro</p><p>7:38- Unprofitable company stocks</p><p>16:20- MSCI, TMX, and Moody’s update</p><p>24:15- Meta’s splurge on AI</p><p>33:40- Google and Microsoft’s earnings </p><p>39:58- Why we invest in stocks</p><p></p>
We are sticking with compounders
<p>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?</p>
