In this piece we provide our perspective on the merits of investing in companies where the founding family has a significant ownership stake. Founders and their families often have built their businesses with good old fashioned blood, sweat and tears. As a result of this, they tend to invest and spend company money like it is their own, focusing on the growth of their personal balance sheet and not the income statement. Importantly, such firms typically have a longer-term outlook which allows for better business investment decisions.