PERSON DIRECTORY
Zack Fuss
Host of Business Breakdowns. Zack Fuss appears in 8 indexed conversations across Business Breakdowns. This directory brings every appearance, source, TL;DR, digest, and transcript into one searchable feed.
Exor: Fiat Crisis to Ferrari Glory - [Business Breakdowns, EP.229]
Exor trades at a 50–60% discount to NAV, roughly €100 a share versus €180, with 70% of gross assets in four listed names.Ferrari drove essentially all recent NAV/share growth, prompting a February sale of about $3bn for buybacks and additional investments.The thesis is NAV/share compounding, not discount narrowing, with ex-Ferrari turnarounds and Ferrari’s EV transition as risks.
Nexstar Media: Broadcasting's Biggest Bet - [Business Breakdowns, EP.221]
Nexstar reaches 68% of the US population through roughly 200 stations, 116 markets and LMAs around the FCC’s 39% cap.With $2B of 2024 adjusted EBITDA and 50-60% free-cash-flow conversion, reverse retransmission approaching 60% of distribution fees, cord cutting and weaker NFL leverage could make relaxed ownership limits a catalyst for another M&A cycle.
Kaspi.kz: The Kazakh Super-App - [Business Breakdowns, EP.203]
Kaspi.kz reports over 14 million monthly active users in Kazakhstan, targets net income “in excess of $2 billion,” and guides marketplace revenue growth of 65%.NPS supports 6-7% grocery net-income margins within 12 months and BNPL risk costs under 2%; the 65% Hepsiburada deal could extend reach toward 100 million people while limited product familiarity may weigh on valuation.