Haohao Lei (@haohao-lei.bsky.social)

Thinking about why some exceptional companies survive and protect their wealth without violence. Drawing insights from Drucker's "Concept of the Corporation" and Collins & Porras's "Built to Last." #Management #Investment haohaolei.com/2025/09/26/w...

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Why Do Exceptional Companies Endure Without Violent Protection? Reflections on the Firm as a Social Organisation The question of what a company actually is—and why it exists—has long troubled me, and it has been an obstacle to my move into equity investing. Ronald Coase has, of course, provided a clear explan… https://haohaolei.com/2025/09/26/why-do-exceptional-companies-endure-without-violent-protection-reflections-on-the-firm-as-a-social-organisation/