Episode 06: Christopher Tsai | Three Generations in the Investment Profession
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Christopher is a good friend, fellow investor. Today, he shares the story of his late grandmother, the only woman to trade on the floor of the Shanghai Stock Exchange before it abruptly closed in 1941 when the Japanese troops invaded; his late father, Gerald Tsai, the founder of the famous Manhattan Fund, and his own successful investing career.
Christopher Tsai is President and Chief Investment Officer of Tsai Capital, an investment management firm; He has more than two decades of experience. Mr. Tsai pursues a value-oriented investment approach and seeks high-quality, growth companies that offer significant upside potential and a margin of safety at the time of purchase. Mr. Tsai has been profiled in numerous financial publications.
When he is not looking at businesses, he loves running in nature, quiet time with his books and family, submersing himself in the arts and a perfectly steeped pot of tea.
We talk about:
1) Cultivating a passion for investing as the third-generation investment professional in his family.
2) Benefits of long-term investing, multiplying the capital many times over vs. chasing a small short-term upside.
3) The emotional makeup needed to succeed in investing in stocks.
4) The challenges of passing knowledge from generation to generation.
5) Learning from the mistakes of others.
To Learn More about my guest, please head over to Tsai Capital.
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IMPORTANT: As a reminder, the remarks in this interview represent the views, opinions, and experiences of the participants and are based upon information they believe to be reliable; however, neither my firm nor I have independently verified all such remarks. The content of this podcast is for general, informational purposes, and so are the opinions of a member of a registered investment adviser and guests of the show. This podcast does not constitute a recommendation to buy or sell any specific security or financial instruments or provide investment advice or service. Past performance is not indicative of future results.