In episode 8, I have a wonderful conversation with Barry Schwartz of Baskin Wealth in Toronto. Barry's a very smart investor of high quality, stable companies. Baskin runs a core equity portfolio that holds some significant exposure in Mega Brands like Microsoft, Apple, Google, Costco, Visa, JP Morgan, Amazon, Netflix, Activision, Ferrari, Domino's Pizza, Vail Resorts, and more.  We talk about the firm's target client and running their core portfolio plus some bonds where appropriate. Barry focuses on 5 core criteria:

1. Moat businesses

2. Tailwinds for opportunities

3. Great management & culture

4. Strong history of smart capital allocation decisions and ROI

5. Attractive valuations

Portfolio focus: think like a business owner and don't sell the companies that execute. 

We talk about his selling regrets last year in the pandemic and a reminder to stick to the quality businesses even in the face of short-term adversity.

We talk about portfolio sizing and managing risk along the way while being tax sensitive.

Clients have benefitted greatly because of this strategy and have some tremendous long-term gains.

Great story on Ferrari and what got them into the position.

For more information on Baskin: https://baskinwealth.com and [email protected]

For more information on the Dynamic Brands portfolio: https://www.globalbrandsmatter.com/dynamic-portfolio