ValuexME

On today's episode of Richer, Wiser, Happier, @WilliamGreen72 chats with Christopher Tsai (@tsaicapital), President & Chief Investment Officer of Tsai Capital. Christopher, who’s beaten the S&P 500 over the last 24 years, explains why Tesla is his biggest position, why investors routinely underestimate the impact of disruptive technologies, why it was so challenging to be the son of America’s first celebrity fund manager, what 3 habits help him most, and what he learned from his famed mentors, Peter Kaufman & Charlie Munger. Check out the highlights from the episode: • How Christopher Tsai’s family survived war & oppression in China. • How his father became America’s first celebrity fund manager. • What lessons Christopher drew from his father’s successes & failures. • Why Tesla is Christopher’s biggest investment. • Why we tend to underestimate the impact of disruptive technologies. • Why the costliest mistake is to sell great compounders too early. • How his views on diversification have changed. • What tailwinds he’s riding with Microsoft, Visa, & Mastercard. • What 3 habits help him to be focused, peaceful, & productive. • How he became a money manager at 16. • What Peter Kaufman taught him about the 7 steps to success. • Why Christopher won’t invest in China. • What Charlie Munger taught him. Listen here: link.chtbl.com/RWH045