A.U.M.

Barry Schwartz - What It Takes to Manage Other People's Money

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Apr 29, 2025
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ANECDOTE

Dot-Com Bubble Market Madness

  • Barry Schwartz recalls the dot-com bubble where stocks could surge 50% in a day with no reason.
  • Managing client money taught him such stocks aren't sustainable or responsible to own.
ANECDOTE

Barry's 25-Year Career Journey

  • Barry has spent 25 years at Baskin Wealth Management, growing assets from $25 million to $2.7 billion.
  • He emphasizes client relationships, patient investing, and fiduciary responsibility as keys to success.
INSIGHT

From Value to Growth and Psychology

  • Early in investing, value stocks and dividend payers are appealing but quality growth stocks dominate today.
  • Experiencing market crashes early helped Barry appreciate investor psychology beyond pure mathematics.
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