Evidence
The Founder Effect: China and Hong Kong 2026
Founder-led China A-shares returned 13.75% a year from 2020 to 2026 against 0.63% for the China all-cap index. Hong Kong went the other way.
Evidence
Evidence
The Founder Effect: Annual Report 2026
Founder-led companies returned 17.10% a year from 2016 to 2026 against 13.53% for the benchmark, with higher volatility and a deeper drawdown.
Evidence
Where the Founders Are Putting Money to Work
Goodman, Atlassian and Hyundai are committing capital on decade-long horizons. Where founders allocate is rarely accidental.
Evidence
The DNA of long-term compounding machines
Four observable markers of founder behaviour, and the Australian companies quietly displaying them.
Evidence
Why Founder-Led Firms Are the Real Safe Haven in Volatile Times
In the last real stress test, founder-led firms rebounded almost six times harder than companies run by hired executives.
Evidence
Lessons from the rise and fall of founder-led companies
Founder presence alone does not guarantee success. Three red flags, and what Fastly and Cloudflare reveal about which founder-led companies endure.
Evidence
Decoding the DNA of exceptional companies
Value creation is the accumulation of management decisions. What Hermès reveals about bold decision-making, and the three tests of an effective executive team.
Evidence
Notable examples of founder-led companies
Adyen at 15 years old, Kakao at 11, Atlassian founders on a $77k salary, and what Marcos Galperin built at MercadoLibre from a non-existent market.
Evidence
Chefs who eat what they cook: why founder-led companies are so desirable
Options and bonuses try to manufacture ownership and never quite manage it. Five observable clues that a founder is flying without a parachute.
Evidence
Finding the edge of greatness
A European ticketing large-cap repriced 25% overnight on the Pfizer vaccine news. Faster, better, cheaper: a systematic way to see past hype.
Evidence
When turnarounds work
Most corporate turnarounds fail. The academic evidence suggests founder-led firms are materially more likely to be among those that succeed.
Evidence
Mindset of an astute investor
What separates investors who think like business owners from those who think like analysts.