Despite roaring to a 162% return in the last 12 months, this ‘stock’ trades at a mere 0.0168x trailing price-earnings ratio… and a record-breakingly cheap 0.009x 2017-estimated P/E…
Are you a buyer?
The ‘company’ has a market capitalization of CHF 495 million and ‘earnings’ of CHF54 billion!
How much would you like?
The name of this mystery stock? Simple – The Swiss National Bank…
Still wanna buy?
It’s probably different this time.
h/t @Schuldensuehner
Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.
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