In this episode of AUM, we interview Barry Schwartz, the Executive Vice President and Chief Investment Officer of Baskin Wealth Management.
Barry shares insights from his 2+ decades of experience in the investment industry, discussing the evolution of markets from the dot-com bubble to today's AI and technology-driven environment.
The conversation covers Baskin's investment philosophy, which centers on owning quality companies with strong management and sustainable growth. Barry elaborates on their decision-making process, how they manage client portfolios through separately managed accounts, and why they avoid certain industries.
He also touches on some of Baskin's notable holdings, including Apple, Netflix, and Amazon, explaining the rationale behind these investments.
04:12 Barry Schwartz's Career Journey
06:23 Investment Philosophy and Strategy
08:38 Research and Portfolio Management
15:41 Focus on Quality Investments
21:18 Decision-Making in Selling Investments
22:57 Management Changes and Long-Term Ownership
24:32 Investment Rules and Business Models
26:45 Platform Businesses and Technology Investments
31:58 Apple: A Deep Dive
36:53 Netflix and the Streaming Wars
43:13 Advice for Aspiring Investors
46:09 Conclusion and Final Thoughts
To see more of Barry's work check out: https://baskinwealth.com/
