As investors look for European opportunities, Exor tends to come up as “Europe’s Berkshire Hathaway” – and on the surface, that looks valid. There’s a core portfolio of listed investments, along with a long tail of unlisted plays – just like Berkshire. And if you look at long-term performance at Exor, they’ve far outperformed their benchmark (the MSCI World Equity Index).
But what’s the catch? And could it have anything to do with far too much reliance on fast red cars?
