Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

The Pandemic Hurt BNY Mellon


Is BNY Mellon (NYSE: BK) a Good Value Investment?

To explain, Mr. Market priced BNY Mellon (BK) reasonably at $55.22 on 31 August 2021. Yet, The Bank of New York Mellon (BK) offers enormous value. For example, Mellon had $198.061 billion in cash and short-term investments on 30 June 2021. Additionally, BNY had $466.963 billion in Total Assets on 30 June 2021.

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