Great discussion this week about Canadian Compounders that trade at a discount to their U.S. peers. Barry and Ernest give four examples of companies owned by Baskin Wealth Management clients that are valued at a discount and the reasons why. Barry and Ernest discuss why Canadian stocks are currently out of favour and then finish off the episode with comments on Costco and Amazon. Check out Ernest’s debut on BNN Bloomberg  0:00: Introduction 0:56: Ernest’s discusses his debut on BNN Bloomberg 4:15: Why are there so few “super-investors”? 6:23: Canadian compounders trading at a discount t ..read more

Ernest Wong shares with BNN Bloomberg which stocks he prefers as the Bank of Canada hits pause on interest rates. The post Ernest Wong on BNN Bloomberg’s The Street: We remain underweight on Canadian stocks appeared first on Baskin Wealth Management ..read more

Barry Schwartz discusses his top picks, past picks and his outlook for the markets. The post Barry Schwartz on BNN’s Market Call – April 9, 2024 appeared first on Baskin Wealth Management ..read more

Benjamin Klein, Senior Portfolio Manager and CFP, joins Barry for our monthly financial planning podcast. Benjamin and Barry have a fascinating discussion about trusts and joint accounts with family members. If you are curious about how they work, the pros and cons of each, and the differences between a formal and informal trust, then this episode will be enlightening. 0:00: Introduction 1:27: Bare Trust Debacle 3:08: Why people set up joint accounts with family members 4:17: Explaining probate on non-registered accounts held jointly with family members 10:28: The pros and Cons of Formal and ..read more

How Wise is AI? You probably have some questions about AI (artificial intelligence). The seemingly instant emergence of multiple platforms offered by the major technology companies has been the biggest event in computing since the advent of social media companies like Facebook and Instagram. I wish I could give you a lot of good answers, but I can’t. The field is advancing (or at least changing) too rapidly. I can give you some thoughts, and I will do so by presenting some actual “dialogs” with Copilot, the AI engine now freely available on Microsoft. I asked Copilot “What is the difference be ..read more

Alimentation Couche-Tard (ATD) is one of the best performing Canadian equities for over 30 years. Ernest and Barry discuss the pros, cons and the reasons why we finally purchased this investment for clients. We also talk about Apple’s recent woes and reasons to stay optimistic. 0:00: Introduction 1:48: Golf and Cialdini 2:42: Our take on the the DOJ suit against Apple 11:42: The Apple Bull and Bear thesis 17:50: Feature discussion on Alimentation Couche-Tard (ATD) 19:40: The beauty of convenience stores 22:22: ATD’s Consolidation story 23:57: ATD’s secret sauce to improving sales per square ..read more

Barry Schwartz shares why he sees investing opportunities with the Canadian banks. The post Barry Schwartz on BNN’s The Street: There’s good reason to believe things will turn around for the TSX going forward appeared first on Baskin Wealth Management ..read more

This week’s episode has Barry and Ernest discussing interest rates, why Baskin Wealth favours U.S. equities, why Alimentation Couche-Tard and Constellation Software are only listed on the Canadian exchange and then our feature discussion on Tourmaline Oil. Mike Rose, founder of Tourmaline, is one of Canada’s greatest capital allocators. We learn all about his strategy and reasons to be bullish on Natural Gas. 0:56: Charlie and Warren rubber duckies backstory 2:36: Bank of Canada interest rate announcement and why it is reluctant to lower interest rates. 7:47: why does this matter for long te ..read more

This week’s podcast touches on a number of topics including a review of Berkshire Hathaway’s recent shareholder letter and Warren Buffet’s dissatisfaction with Berkshire’s railroad and utility asset. Next, they have a conversation about the Canadian bank results and what their CEO’s are saying about the Canadian economy. The feature discussion is on Canadian Natural Resources (CNQ) where Barry and Ernest give investors food for thought on how to value CNQ differently. 0:00: Intro 2:09: What to do in a bull market: 5:12: Berkshire Annual Letter 9:22: Reviewing Berkshire’s under-performing ass ..read more

David Baskin joins BNN Bloomberg and shares his thoughts on investing in the magnificent 7. The post David Baskin on BNN’s The Street: What are Nvidia’s earnings going to be 3 years from now when its competitors are out there? appeared first on Baskin Wealth Management ..read more