Hedge Fund - Gardner Russo & Gardner

Mastercard Inc (NYSE:MA), the global payments behemoth, has seen its share price rise a solid 26.7% year-to-date, and the stock isn't overly expensive when looking at the valuation multiples.

If you were to ask many traders, hedge funds are seen as useless, old investment tools of a forgotten age.

Today, let's look at Gardner, Russo & Gardner, a hedge fund company with a record that speaks for itself.