Chris Hohn: Crushing The Market With Wide Moat Infrastructure Stocks (GE, CP, And...?)

In this episode of Chit Chat Stocks, Brett Schaefer and Ryan Henderson delve into the investment strategies of Chris Hohn, the founder of TCI Investments. They explore Hohn's background, highlighting his focus on philanthropy from the start and his unique investment philosophy centered around identifying high-quality businesses with sustainable competitive advantages, often monopolies or duopolies, and holding them for the long term. The hosts discuss TCI's concentrated portfolio, its impressive returns, and Hohn's preference for infrastructure assets, using GE Aerospace and Alphabet as case studies to illustrate his investment decisions and activism. They also touch on the importance of assessing replacement risk and competition when evaluating potential investments, and the discussion emphasizes Hohn's rational thinking and clear communication.