
Lessons from Charlie Munger and Grandma Ruth: How this Money Manager Achieved a 50% Portfolio Growth
Christopher Tsai, president and chief investment officer of Tsai Capital, has seen his $110 million portfolio surge by 50% in 2023, thanks to investments in companies like Tesla, Apple, Amazon, and Alphabet. Tsai credits his success to investing in businesses with durable competitive advantages and long-term potential. He also draws inspiration from Charlie Munger, who advised him to be patient and seize good opportunities when they arise. Tsai's portfolio has outperformed the S&P 500 since its inception in 2000, and he attributes his investment approach to the wisdom passed down from his father and grandmother, both experienced investors.
