25.250High25.230Low728Volume25.250Open25.250Pre Close18.37KTurnover0.00%Turnover Ratio0.00P/E (Static)0Shares25.25052wk High0.00P/B0Float Cap20.63652wk Low--Dividend TTM0Shs Float25.901Historical High--Div YieldTTM0.08%Amplitude4.611Historical Low25.237Avg Price1Lot Size
Medallion Bank Stock Forum
While it certainly is a bummer that the average investor cannot invest in the fund, this analysis gave us some key insights into the market. The first and most important being that the stock market is not perfectly efficient and that there are inefficiencies that someone can leverage for more than 3 decades. The second being that not all funds that charge an exorbitant fee structure are taking money away from the investor. In Medallion’s case, they are justifying their eye-watering fee structure with phenomenal returns.
Finally, this should not be considered as a call to action to find similar funds as not every team with stellar people end up producing market-beating returns.
No comment yet