Founded by Christopher Tsai more than two decades ago, and incorporating the investing insights passed down by his grandmother and father, Tsai Capital has become known for its long-term, fundamental and research-driven approach to growth investing.
Christopher’s grandmother, Ruth Tsai, was the first woman to trade shares on the floor of the Shanghai Stock Exchange during World War II. Not only was she a pioneer for women in China, she also passed down to her son, Gerald Tsai Jr., the insights that contributed to her investing success. Ruth’s financial earnings allowed her to send her son to university in America during a time when the Chinese Communist Party was rapidly gaining power.
Christopher’s father immigrated to the United States in 1947, eventually landing in Boston. In the 1950s and 1960s, Gerald Tsai Jr. pioneered growth stock investing at Fidelity Investments and subsequently launched his own fund, which quickly turned into the most successful offering in American history. In 1986, he became the first Chinese-American to lead a Dow Jones Industrial company - American Can. Later in life, he focused on managing his own capital and on philanthropy.
At Tsai Capital, Christopher 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. He utilizes a multidisciplinary approach to identify companies that he believes have a sustainable competitive advantage and can compound earnings at an above-average rate over the long-term. Companies in his portfolio tend to have strong balance sheets, a history of producing high rates of return on capital, and a culture of innovation.
Tsai Capital’s mission is to draw upon the investing insights of three family generations, as well as the teachings of Warren Buffett, Philip Fisher and Charlie Munger, in order to help select families and organizations preserve and grow their assets so that they can protect their present and enable their future.