U.S. Markets open in 8 hrs 20 mins

Charles Koch: You can call me ‘liberal’

In a candid, wide-ranging interview with Yahoo Finance Editor-in-Chief Andy Serwer, Charles Koch, Chairman and CEO of Koch Industries and author of the new book, Good Profit: How Creating Value for Others Built One of the World’s Most Successful Companies, calls himself a “classical liberal.” Surprised? There’s a simple explanation and Koch lays it out for Serwer, explaining why it would be just fine with him to be called “liberal.”

Koch on Trump and Sanders

In the interview at the EY Strategic Growth Forum in Palm Springs, California, Koch also talks about Donald Trump and Bernie Sanders, the traction they’ve gained in this election cycle so far, and what that says about the mindset of the country.

Koch says it is evidence that “Americans are very dissatisfied with the current direction [of the country].” He believes there’s an opportunity there. “What we hope to present is a third way, not socialism or not a strongman, both of them telling people how to live their lives.”

Get the Latest Market Data and News with the Yahoo Finance App

You can see more of Andy Serwer’s interview with Charles Koch Monday, November 16, 2015 at 4pm ET on Yahoo Finance’s new daily, live show, “The Final Round.”

More from Yahoo Finance

A sketchy pro-Trump super PAC shuts down—after raising $300,000 from donors

Two former Warby Parker execs launch luxury luggage startup

Where Trump, Carson and Bush stand on taxes, Social Security, healthcare

Dell's mega-merger, Apple's self-censorship in China and Trump's song ban