Short Biography

No portrait available for Gerald Tsai
Find relations

Gerald Tsai

Names

Also known as: Gerald Tsai Jr., Cai Zhiyong

Place of birth:

Shanghai Show on Google Maps

Birth date:

1929-03-10 Birth Sign: Pisces

Citizenship:

People's Republic of China

Death date:

2008-07-09 (79 years old)

Short Bio:

Gerald Tsai Jr. (; March 10, 1929 – July 9, 2008) was an investor and philanthropist who helped build Fidelity Investments into a mutual fund powerhouse. After starting Fidelity Investments' first publicly sold aggressive growth fund in 1958, the Fidelity Capital Fund, he later founded the Manhattan Fund, an aggressive growth fund, in 1965. Tsai sold his interest in the fund complex in 1968 but continued to manage the funds. By 1969 the funds collapsed, losing 90% of their value.

An early proponent of momentum investing, Tsai's specialty was concentrating his portfolios on narrow batches of glamour stocks, including Xerox and Polaroid Corporation, at a time when broad diversification was the prevailing wisdom. Tsai later became CEO of a can company, American Can Company. He was the first Chinese-American CEO of a Dow Jones Industrials company.

Tags:

Business and finance financier art collector entrepreneur Shanghai People's Republic of China

Find a relation with Gerald Tsai

Interesting facts

    Quick Answers

    How old is Gerald Tsai?

    Gerald Tsai is 79 years old.

    When was Gerald Tsai born?
    What is Gerald Tsai's birth sign?
    Where was Gerald Tsai born?
    What is on a people profile?
    How do I request a correction or removal?