Long Term Investing - With Baskin Wealth Management

0:00: Introduction 3:25: Benjamin walks us through the new budget in Canada with respect to the upcoming capital gains changes. 5:43: Taking $250,000 of capital gains in one year is rare. 7:21: What to know about the new tax changes for death, selling an investment property or liquidity needs. 8:34: Capital gains taxation upon death and what actions one can take to limit the taxati

0:00: Introduction 1:37: discussion about capital gains changes in Canada and how it could affect your portfolio. 3:52: should you own a dividend payer stock vs. a growth stock given changes in capital gains rates in Canada 7:10: do these tax changes make Canada less competitive? 10:22: Feature discussion on Waste Connections 10:46: A quick discussion about the Halloween Surprise t

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 to their U.S. peers and examples. 8:43: Why Canadian stocks are out of favour right now. 10:02: Example #1 - Couche-Tard 11:36: What do Hot Dogs and Compounders have in common? 12:40: Couche-Tard’s valuation di

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 Informal Trusts and joint accounts with family members 13:53: Explaining formal trusts 15:48: Explaining Informal Trusts 19:10: Explaining “For” accounts

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 foot 27:22: The power of ATD's compounding 28:43: lack of volatil

0:00: Introduction 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 term investing? 10:08: why Baskin has as much as 70% of its clients equity exposure to the U.S. 15:50: rethinking dividend payers in a more normalized rate environment. 18:18: why Co

0:00: Intro 2:09: What to do in a bull market: 5:12: Berkshire Annual Letter 9:22: Reviewing Berkshire's under-performing assets 16:29: Letting your winners compound: 18:29: Why National Bank is outperforming: 21:44: The big picture for Canadian banks: 23:33: CNQ has reached its debt target - now what? 25:49: The math for CNQ This week's podcast touches a number of topics

0:00: Intro 0:50: Introducing Benjamin Klein 3:49: What is Financial Planning? 5:08: Should one get a CFA or CFP? 7:37: Does everyone need to do a financial plan? 13:12: The value of knowing your clients 15:22: Mistakes people make as they prepare for retirement 25:00: Building in a margin of safety into your financial plan 27:50: Not getting too conservative too soon 30:20: All ab

0:00: Intro 2:22: Our take (or lack of it) on Nvidia's earnings 4:32: Having patience for long-term investments as a long-term investor 7:29: Case study on Costar Group's investment in Homes.com 12:27: Case study on CCL Industries's flat stock price 15:45: Deep dive on Topicus.com With Barry back from vacation, Barry and Ernest get right back into discussing stocks a

With Barry away this week, Ernest talks with Baskin Wealth Management’s founder and Chairman, David Baskin about the story of Baskin and how wealth management has evolved. This episode is full of stories and wisdom from David’s extensive experience in the industry.