MENU

Posted on June 26th, 2017 by Ernest Wong

  Our recent investment in Delta Airlines has puzzled some of our clients. Given our strategy of buying and holding superior companies forever, why are we now investing in a highly cyclical industry with a well-known history of capital destruction? Let’s start with a brief history of the North American airline industry. In 1978, President […]

Posted on June 21st, 2017 by Benjamin Klein

    One of my hobbies is playing board games. I am an avid player of Settlers of Catan, Carcassonne, Ticket to Ride, and Lords of Waterdeep, and classics like Risk and Trivial Pursuit. While playing Dungeons & Dragons with a group of friends, I recalled an important investing lesson. For those who don’t know, […]

Posted on June 8th, 2017 by Cheryl Kaplan

  Last week at the gym, I struck up a conversation with the gentleman working out next to me. He expressed his frustration with the folks around us who were checking their phones constantly. I sympathized with his irritation but I had to admit that I am also guilty of this transgression. Admit it…You do […]

Posted on May 15th, 2017 by Ernest Wong

  “Tell me where I’m going to die, so I’ll never go there.”- Charlie Munger A large part of successful investing lies in not being stupid, as opposed to being smart. It is usually much easier to avoid an obstacle course rather than fight your way through it.  Since the most important part of our […]

Posted on April 27th, 2017 by David Baskin

April 24, 2017   Dear Baskin Wealth Client: I am sure you have seen recent articles in the press about Home Capital Group (“HCG”), a stock which we have owned for our clients since 2003. HCG operates as an alternative mortgage lender, and is one of the largest such firms in Canada. The company has […]

Posted on April 18th, 2017 by Ernest Wong

Canadian housing prices have been on an undeniable tear over the last few years. Home affordability is a touchy subject, and everyone seems to have a strong opinion on the potential causes and implications. At Baskin, we try to perform our research as objectively as possible and to act upon our conclusions, no matter how […]