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Founder problems? Pull the other one. Founder stocks are flying

Look at the companies whose shares have hit all-time highs this week and what do you see?

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It is going to take much more than a couple of rogue businessmen to turn investors off the founder trade – founder-run or dominated companies are the hottest on the ASX.

With the dust yet to settle on Mineral Resources’ and WiseTech Global’s founder debacles, you only have to look at whose shares are hitting all-time highs see that investors are not throwing the baby out with the bathwater.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/founder-problems-pull-the-other-one-founder-stocks-are-flying-20241126-p5ktnw