Long-term investors in billionaire Alex Waislitz’s listed investment company, Thorney Opportunities, have in the past five years paid the manager $10.9 million in performance fees, while their net assets per share went 12 per cent backwards and the share price shed 28 per cent.
Rich Lister Alex Waislitz resets his hurdles every year. Eamon Gallagher
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Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
