#72 Alex Morris on Hit Refresh

Jun 24, 2025

In this engaging discussion, Alex Morris, founder of TSOH Investment Research and author of 'Buffett & Munger Unscripted', shares valuable insights from Satya Nadella's 'Hit Refresh'. He emphasizes the role of empathy in leadership and the cultural transformation at Microsoft under Nadella. Morris dives into the necessity of adaptive leadership and discusses the relevance of finding your edge in equity research. Additionally, he explores the shift towards a growth mindset in the investment landscape, highlighting the importance of continuous learning in the ever-evolving market.

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ANECDOTE

Family Road Trip Lessons

Alex Morris drove cross-country with his family including a one-year-old child.
This personal experience taught him important lessons about patience and adaptability.

INSIGHT

Importance of Management and Culture

Microsoft was instrumental in Alex Morris' evolution as an investor.
He learned to appreciate management and culture's importance alongside financial metrics.

INSIGHT

Nadella’s Leadership Essence

Satya Nadella embodies humility, pragmatism, and forward-thinking.
He prioritizes culture, viewing the CEO role as curator of organizational culture.

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Buffett and Munger Unscripted

Three Decades of Investment and Business Insights from the Berkshire Hathaway Annual Shareholder Meetings

Alex Morris

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Hit Refresh

The Quest to Rediscover Microsoft's Soul and Imagine a Better Future for Everyone

Satya Nadella

Hit Refresh is a memoir, leadership guide, and futurist vision that explores Satya Nadella's personal journey from his childhood in India to becoming the CEO of Microsoft. The book delves into the transformation of Microsoft's culture, industry partnerships, and competitive landscape. It also discusses the future of technology, including artificial intelligence, mixed reality, and quantum computing, and how these technologies will impact society. Nadella emphasizes the importance of empathy and human-centered leadership in a rapidly changing technological world.