This episode of the FEG Insight Bridge features Sir Chris Hohn, founder, managing director, and portfolio manager of The Children’s Investment Fund (TCI), which includes the Children’s Investment Fund Foundation (CIFF), a charity Chris endowed that seeks to improve the lives of children and adolescents living in poverty in developing countries through strategies that have lasting impact. In recognition of his incredible philanthropic activities, Chris was knighted by the Queen of England! Known for a deep commitment to his convictions, Chris shares his thoughts on finding companies with moats, when (and how) to be an activist, and why climate change should matter to everyone. Chris’ keen insights, hilarious anecdotes, and shrewd observations remind us that being liked is not nearly as important as being tenacious—and, of course, being right. Be sure to listen in on this illuminating conversation!
Chapters
00:00 Intro
00:36 Episode Overview
01:50 How Chris Got Started in Investing
03:25 The Original Idea Behind TCI
05:34 The Thought Process Behind TCI’s Investment Strategy
10:47 How to Find (and Size) Companies with Sustainable Moats
19:13 When to Become Active as a Shareholder
23:29 History and Achievements of the Children’s Investment Fund Foundation (CIFF)
27:22 Why Climate Change Should Matter to All Investors
30:43 The Say on Climate Change Initiative
34:03 Chris’ Hobbies Outside of Investing and Charity
34:51 Chris’ Reading Recommendations