Chris Hohn is 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.
Chris is known for a deep commitment to his convictions as he shares his thoughts on finding companies with moats, when (and how) to be an activist, and why climate change should matter to everyone.
Here you can find his recommended reading list with my reviews. Some of the links are affiliates, and I may earn a small commission when you make a purchase through them at no additional cost to you.
First on the list is the biography of Warren Buffet. Probably you already know that Chris Hohn admires Buffet and his investment genius. That is why he is recommending this book to us which is full of insights and by reading you will be able to grasp and even apply some of the insights in Warren Buffet’s life, acquiring some of his wisdom.
It’s not the Olympics, you don’t get points for difficulty.Warren Buffet
This book is like some kind of riddle. At first I didn’t understand much, but if you pay close attention to his pattern of speech, and hear his perceptions of life and market conditions, you will be able to get valuable info about how to time the market and life correctly.
If you choose this book then you will also get familiar with a new paradigm for the “theory of reflexivity” which underlies his unique investment strategies. Interesting concept. However, you will need some more focus for this book as it is not easy to read, but when you chew it, you will understand things better for sure.
“An extraordinary . . . inside look into the decision-making process of the most successful money manager of our time. Fantastic.”The Wall Street Journal
Reflexivity and Economics: George Soros’s theory of reflexivity and the methodology of economic science by John Davis
Another book about George Soros about reflexivity and economic science but from another author. Nothing much to say more about this book, I will just add another quote from Soros about reflexivity.
“If investors believe that markets are efficient then that belief will change the way they invest, and that in turn will change the nature of the markets they are observing … That is the principle of reflexivity.”George Soros
Mr. Hohn also mentioned Outliers. Great book. The main question that is author trying to answer is what makes high-achievers different? You probably heard somewhere that it takes 10,000 hours in specific field to really good at it. That is what you read about here. But that is just one criteria according to Malcolm. The other main two are specific advantages and talent. Really interesting book, I would recommend to everyone.
“Practice isn’t the thing you do once you’re good. It’s the thing you do that makes you good.”Malcolm Gladwell, Outliers: The Story of Success
Chris Hohn said he liked this book very much. You probably know Charlie Munger who was once attorney, but Buffet persuaded him to come with him to investing (main reason was of course to earn some real money), and he did so! Charlie Munger is known for his life sayings, and many call him a walking book because he reads constantly.
In this book, Munger talks about wisdom in life & investments. He goes through a list of common thinking tendencies and how they can impact decision making. This book is great for those who want to get information on what it takes to be successful and to achieve greatness in what it is you want to do in life. The book also has many quotes from successful people like philosophers and entrepreneurs. However, book has 500+ pages and be sure to book your time to read it if you decide to get it.
Podcast with Chris Hohn
Legendary investor Chris Hohn recently (2021) participated in podcast by Money Maze Podcast. It lasts 30 minutes and is definitely worth listening to. You will get some useful insights into his lifestyle and investments. You can find podcast on this link.
Investing in yourself is the best investment you can make. This is something that shares the common opinion of all Superinvestors precisely because they know how valuable knowledge is.
Building your knowledge is the fastest and easiest way to improve your life and wealth.
Chris Hohn knew this from early on. He spent his time learning and practicing skills in investing, while living great life.
This inspirational story is something that has caught the attention of a large number of investors, who now want to follow in his footsteps to success.
Don’t Have Time to Read? Try Audiobooks
When I first started reading, I struggled with finding time to read, but then I tried to audiobooks. It changed my life. Try it, maybe you’re an audible guy too. The biggest advantage is that you can perform repetitive daily tasks (driving a car, exercising, housework) and learn a mountain of new information through audiobook.
I can say that I have tried a lot of audiobook apps and Audible is my favorite. In addition to having almost all books in its library, it is also the most developed app (for example, you can determine the exact listening speed, track the listening time, conquer various achievements, etc.). In short, a very exciting and useful application, but it also has a higher price than other competitors, for me it is worth every penny.
However, Amazon is currently offering a promo where you get three months of Audible Premium in a free trial. You get one credit per month (read: one book per month) with this free trial, and will have to pay for new books you want to listen to in each month.
Another interesting solution is Scribd. Audiobook app that costs a bit less, but also has fewer books available. Many times I couldn’t find the book I wanted, but when I found it, the service was pretty good. Anyway, The biggest advantage is that you can listen to as many book as you like (you don’t have pay extra for new books).
So, if you want cheaper option than Audible, less features, read more books per month and not pay extra, then Scribd might be good solution for you. Currently, Scribd is offering two months free.