Exor: Fiat Crisis to Ferrari Glory - [Business Breakdowns, EP.229]
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This is Business Breakdowns. Business Breakdowns is a series of conversations with investors and operators diving deep into a single business. For each business, we explore its history, its business model, its competitive advantages, and what makes it tick. We believe every business has lessons and secrets that investors and operators can learn from, and we are here. to bring them to you.
To find more episodes of breakdowns, check out joinccolossus.com. All opinions expressed by hosts and podcast guests are solely their own opinions. Hosts, podcast guests, their employers, or affiliates may maintain positions in the securities discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. I'm Zack Fuss and today we are breaking down XOR.
The origins of XOR date back to the end of the 19th century when Giovanni Agnelli founded the auto company Fiat. In 1923, EXOR acquired the Juventus Football Club, which it still owns today. But over the company's 100-year-old history, a lot has changed. While some of the core assets remain the same, today XOR serves as an investment holding company.
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