Thanks to the Australian Financial Review for a well-written article exploring Founder Lead Companies.
A snippet of the article is provided below:
“We keep referring back to Sydney fund manager Blackwattle Investment Partners’ founder index – an equal-weighted portfolio of 50 founder-led companies on the ASX – to show just how good these companies have been for Australian investors.
Blackwattle’s founder [index] outperformed the ASX300 by 18 per cent a year in the decade to October 2024 – that’s huge performance. The founder-led stocks included Goodman Group, Fortescue, WiseTech, Block/Square and ResMed.
Why the outperformance? Long-term thinking, higher investment in innovation, risk tolerance and strategic decision-making and alignment, Blackwattle said. That all sounds reasonable to us.”
Thanks to Ray David, Joseph Koh and David Meehan for the insights and analysis.
