0:00 – Introduction
2:05 – Impact on tariffs on markets
5:20 – How companies respond to tariffs
11:58 – Service companies tend to be more protected from macroevents
14:05 – Uncertainty of investing in equities
16:45 – Importance of balance sheet health
21:25 – The risks of using margin
25:27 – How we define portfolio diversification
33:50 – Why we don't predict macro
35:53 – Finding high quality businesses during the market pullback
In this week's episode of the Long-Term Investing Podcast, Barry and Ernest discuss the market uncertainty relating to tariffs in the US and how Baskin Wealth is responding to the macroeconomic uncertainty.