After taking a much-needed holiday, Barry and Ernest are back this week with a jam-packed episode. The discussion starts with a definition of a “compounder” with them breaking down the characteristics they look for when buying an investment that will compound. Next, they talk about the resignation of Prime Minister Justin Trudeau and what that means for Canadian investors. Then, the featured conversation about Constellation Software, where they discuss Constellation’s plans to increase growth, its capital allocation policy, and the pros and cons of AI on its business model. A great episode … as usual!

Long Term Investing Podcast can also be found on Spotify & Apple.