I spoke with Chase Koch, son of Charles Koch and a key leader at Koch, about the 41 operating principles that have helped create a business doing $125+ billion in revenue. Koch is one of the largest private companies in the world and their unique approach to management, technology, and hiring has created a very special organization that touches about 80% of the US economy. This is a must-listen for every investor, entrepreneur, and executive. YouTube: Spotify: Apple: TIMESTAMPS: 0:00 - Intro 1:22 - What is Koch? (scale, history, private company) 9:09 - Charles Koch's principles & the Sunday economics lessons 18:43 - Hiring philosophy: values first, skill second, credentials last 32:05 - Koch as a tech company: Infor, software & AI 35:30 - Horizontal capabilities & the Molex acquisition 41:47 - Turning acquisitions into principle-based cultures 47:03 - Origin story & lessons from near-bankruptcy failures 56:50 - Builder vs. operator: finding your comparative advantage 1:02:54 - Applying principles to society, bitcoin & individual sovereignty 1:08:50 - Stand Together: philanthropy, education & micro-schools 1:19:39 - Investing philosophy & finding the next big deal