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Yu-Ziang Hsu, the founder of the Far Eastern Group, not only witnessed a crucial era in modern history, but he also helped to transform it. Time and again, he was able to turn crisis into an opportunity for success and make significant contributions on a larger scale to the emerging economic success story of Taiwan. But how exactly did Y. Z. Hsu build and develop the Far Eastern Group? What was his business philosophy and how did he implement his motto of “Sincerity, Diligence, Thrift, and Prudence” to business, and be vital in the transformation of Taiwan into the model of success it is today? These questions are worthy of further reflection.