In the two year period from January 2016 to January 2018 the S&P 500 Index had only one month in which it dropped as much as 1%. That is a remarkable and unprecedented record of stability. During that time span the market rarely moved either up or down more than 1% per day, and […]

  “25% of my portfolio is in cash,” is what I heard a portfolio manager say on TV during the February market correction. If only I had a dollar each time someone made this vacuous statement—I certainly wouldn’t keep it in cash! I don’t know why some portfolio managers think this is a viable marketing tactic, […]

When someone says robots, most of us conjure up an image of a human-like machine doing human-like things. Robots aren’t really like that at all. This morning I took pictures of two robots in the office building where I work. The first robot has replaced the three people who previously managed the parking lot. It […]

  Barry Schwartz will be in Calgary from April 2nd to the 4th. Don’t miss out on an opportunity to meet with one of our Owners for a one- on-one discussion about your financial needs and how Baskin Wealth Management can help you reach your goals. Barry will be available to meet with prospective clients […]

  After throwing in the towel on a under-performing stock, you look at it a few weeks later, and it has gone up 30% from when you sold it. How many times has this happened to you? It has happened to me more times that I care to admit. So why do I keep making […]

  Those who have followed my blogs know how much emphasis I place on capital allocation; that is, how management manages the excess free cash flow and capital structure of the business. We generally prefer dividends and buybacks since it demonstrates an acknowledgement by the management and the Board of Directors that the cash belongs […]