@ritholtz I’ve read about other orgs before, and they don’t usually talk about a “search for the truth” and “getting to the other side”
— Joseph Weisenthal (@TheStalwart) June 8, 2014
The other day, I got into a Twitter discussion with Joe Weisenthal and others on the hedge fund Bridgewater. A WSJ article had described Ray Dalio’s shop as “Cult-like.”
All of which raised the following question: What are the Cult firms of today? What modern day companies, public or otherwise, have qualities similar to cults?
Here is the short list put together on Twitter:
Five Thirty Eight
Microsoft (in the 80s & 1990s);
Apple (in the 1990s and today)
Wal-Mart (cause of that cheer thing at corp meetings )
Ross Perot with EDS!
Facebook’s (See Zuckerberg’s letter in the S-1)
That list is far from complete. Some of these firms have cult-like characteristics amongst their customers but not their own corporate culture.
Which raises the question: What are the cult stocks of today? What companies are managed and run with a specific and unique culture that makes them see cultish?
What say ye?