0:00 Introduction

2:54 Market Bubble?

8:26 Getting Back into Meta

12:45 Thesis for Meta

13:31 Successful Pivots of Meta over the Years

16:15 What Makes Meta’s Social Media Apps Different?

17:53 AI Opportunity for Meta

24:56 Reality Labs of Meta as a Risk Factor

26:43 What Have We Changed Our Mind About Recently?

33:41 Small to Medium Caps in Baskin’s Strategy

37:59 Companies We Liked but Didn’t Invest In

43:32 How Do We Manage Currency Fluctuations for Our Clients

This week, Barry and Ernest, review Baskin Wealth’s decision to buy back shares of Meta. They give an overview of the risks and opportunities for the company with a thoughtful conversation about Meta’s business pivots over the years, its AI goals and what is going on with Reality Labs. Then the show is all about you. Barry and Ernest answer several questions from the mailbag including a discussion on stocks they regret not buying and how Baskin Wealth manages currency fluctuations.