Buy Hold Sell: 5 founder-led companies on the rise

Buy Hold Sell, by Livewire Markets

Founder-led companies typically outperform their peers over the long term. Driven by a strong alignment of interest, a founder's long-term focus, and emotional dedication to a business's success, companies with founders at the helm are seen to be a safer bet than those with hired suits.

Take Milford Asset Management, for example, which found the three-year performance of the founder-led stocks within their portfolio (23 companies) returned 24.9% per annum against the Small Ordinaries 2.7% to April 2024.

Likewise, Solaris Investment Management found that over the last five years (from 2019 to 2024), the 12 largest founder-led companies on the ASX returned 420% while the benchmark accumulation index only returned 65%.

So, in this episode, Livewire's Ally Selby was joined by two Hall of Fame fund managers in Ellerston's Chris Kourtis and Airlie's Matt Williams for their analysis of five founder-led companies.

Are these bottom-drawer stocks, or should these founders get the boot? You'll find out in this episode of Buy Hold Sell.

Note: This episode was recorded on Tuesday 8 October 2024. You can read the edited transcript below.

https://www.livewiremarkets.com/wires/buy-hold-sell-5-founder-led-companies-on-the-rise