Long Term Investing - With Baskin Wealth Management

Recorded on: May 6, 2026

This week, Barry and Ernest discuss the strong outperformance of AI-adjacent companies before discussing Berkshire Hathaway’s first AGM without Warren Buffett.

0:00- Introduction
2:14- High valuations for AI-adjacent names
11:48- Google’s AI update
21:15- Apple’s strong results
24:49- Greg Abel at the Berkshire AGM
28:53- Berkshire’s capital allocation changes

This week, Barry and Ernest discuss Tim Cook's retirement and legacy, smart share buybacks from companies, and TFI International's improving financial outlook.

0:00- Introduction
2:12- Tim Cook's retirement and legacy
9:38- Reed Hastings resigning from Netflix's board
14:11- Smart share repurchases
21:46- TFI International's rebound

Recorded on: April 22, 2026

This week, Barry and Ernest break down their new
investment in Fairfax Financial including the business model, similarities and
differences to Berkshire Hathaway, and their strong track record in
underwriting insurance and growing shareholder value.

0:00- Introduction
6:44- Fairfax's business model
12:10- Disciplined insurance underwriting
21:00- Fairfax's investment strategy
28:58- Return expectations
34:44- Key man risk for Fairfax
36:30- Insurance industry risks

In the latest episode, Barry and Ernest explain why business quality matters more than macroeconomics concerns and also provide an update on FICO and the rationale for selling CoStar Group last year.

0:00- Introduction
5:51- Upcoming CUSMA renegotiation
7:48- Business quality trumps macro
16:41- Outperformance of Domino's and Stryker
21:05- FICO update
28:06- Private credit worries for software
32:20- Why we sold CoStar Group

In this week's episode, Barry and Ernest discuss broader implications of the Iran conflict before breaking down a new addition to the portfolio.

0:00- Introduction
2:12- Long-term implications of Iran
7:43- Low multiples for AI stocks
11:50- New addition to the portfolio
14:54- Why FICO is a great business
18:15- FICO's pricing power + industry incentives
23:19- The housing cycle
25:40- VantageScore competition