Capitalism’s Best Kept Secret: Follow the Fun | Colin Moran, Oxford History

In this interview, Johnathan Bi interviews Colin Moran, a successful hedge fund manager with a background in intellectual history, about his unique approach to investing. Moran discusses how his intellectual curiosities and focus on company culture, rather than solely financial metrics, have led to successful investments, citing Shopify as a prime example. He emphasizes the importance of "following the fun" in research and understanding businesses as human organisms. The conversation explores the limitations of reason in investing, drawing on philosophical concepts from John Henry Newman and Leszek Kolakowski, and delves into Moran's spiritual beliefs and how they intersect with his investment strategies. They also discuss the role of stewardship, the importance of culture, and Moran's perspective as a national conservative.