Monday, January 15, 2018

Is This The Cheapest "Stock" In The World?

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...



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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...



 



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Still wanna buy?



 



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It"s probably different this time.



h/t @Schuldensuehner

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