Recorded: June 10, 2026

This week, Barry and Ernest review the current state of the stock markets including the mega IPO of SpaceX before discussing the strong performance of the Canadian banks. 

0:00- Introduction 

6:01- SpaceX's IPO

14:20- Elevated return expectations 

22:21- Diversified Canadian banks

28:03- Prime lending focus

33:00- Canadian bank valuations

38:54- Regulatory landscape 

Recorded on: June 10, 2026

This week, Barry and Ernest review the current state of the stock markets, including the mega IPO of SpaceX before discussing the strong performance of the Canadian banks.

0:00- Introduction

6:01- SpaceX's IPO

14:20- Elevated return expectations

22:21- Diversified Canadian banks

28:03- Prime lending focus

33:00- Canadian bank valuations

38:54- Regulatory landscape

This week, Ernest and Baskin Wealth’s Head of Financial Planning Benjamin Klein discuss the importance of financial planning and asset allocation from a wealth management perspective.

2:14- What isfinancial planning?

8:13- Assetallocation

15:50- Planning fordifferent generations

18:24: Taxconsiderations

21:12- Hierarchy ofinvestment accounts

25:53- Can AIreplace financial planning?

This week, Barry and Ernest discuss key learnings from the Constellation Software's annual general meeting. 

0:00- Introduction

3:52- Constellation Software backdrop 

12:08- CSU's response to AI 

25:50- CSU's acquisition pipeline

34:15- Incentives at Constellation Software

39:17- What would make us sell CSU?

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 

This week, Barry and Ernest discuss the Iran conflict and long-term investing through market volatility before updating Restaurant Brands "Whopper" of a turnaround plan.

0:00- Introduction

2:20- Live Nation settlement correction

4:52- Iran and market volatility

15:00- Portfolio management in volatility

19:20- Restaurant Brands update