Larry Sarbit is one of Canada's best-known investors with a long-standing reputation of being a patient value investor. Darren Coleman is a respected senior portfolio manager and veteran of the North American wealth management industry. Larry and Darren are also great friends who love to get together to discuss investing. The result is Simply Sarbit!
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After leading Berkshire Hathaway for 60 years, Warren Buffett at 94, wiil step down as CEO at year end. On this episode, Larry & Darren discuss all things Buffett.
Darren and Larry discuss market euphoria and financial bubbles, highlighting historical examples like the Tulip Mania of 1630 and the 2006-2007 housing bubble, and they reference John Kenneth Galbraith's "A Short History of Financial Euphoria" to identify common denominators of financial bubbles.
It’s no joke… We recorded this episode on April 1st, just 24 hours before Donald Trump’s Liberation Day. Because of that, Darren and Larry thought it would be wise to discuss the history of tariffs. They also talked about I, Pencil and Milton Friedman ’s take on tariffs. And hang in, we will be back soon with updates!...
In his 2024 annual letter to shareholders, Warren Buffett warned that today's stock market increasingly resembles gambling, with Wall Street profiting while everyday investors chase quick wins through trading apps. As Larry and Darren point out, this creates a big problem... A new type of addict is showing up at Gamblers Anonymous meetings across the country: investors hooked on the market’s riskiest trades.
There's a lot to be learned, not just from success, but there's a lot to learn from failure and ideally other people's failure. And here's a great example... this business has been gone since the '80s, but was a very successful business from the '50s through to the '80s. This is the story of E.J. Korvette .
As Darren and Larry work their way through analyzing companies in the S&P 500, known as the Magnificent Seven, they stop off at the Apple store and look at this consumer electronics luxury brand.
Darren and Larry discuss Amazon as a "wonderful business" using Warren Buffett's criteria. They highlight Amazon's rapid growth from selling books in 1995 to its current dominance, emphasizing Jeff Bezos's long-term vision and customer-centric approach. Amazon's moat includes its extensive distribution network, Prime membership, and innovative services like Kindle and Alexa. They also discuss Amazon's potential in new sectors and its significant influence through lobbying and the Washington Post...
Larry and Darren discuss the characteristics of a "wonderful business" using Alphabet as a case study. They highlight the importance of management, trust, and a significant barrier to entry, or "moat." The conversation sets the stage for analyzing other companies in the S&P 500, known as the Magnificent Seven, to understand their investment potential and risks.
On this, our first episode, Darren intoduces you to the wit and wisdom of Larry Sarbit. Larry has a long history as a portfolio manager in Canada managing American equities and now shares some techniques and advice for people on how he's had his extraordinary investment success. There's a huge, lifetime's body of work that he's contributed and we're going to bring that to you. Enjoy!