Kafkaesque Confidence in Pathward’s $3M Bet

The filing, dated November 14 and bearing the bureaucratic weight of countless similar submissions, detailed Guardian’s initiation of a position in Pathward Financial. The 40,545 shares, worth $3 million as of September 30, occupied 1.77% of the fund’s reportable U.S. equity assets-a percentage that fluttered like a moth against the glass of institutional insignificance. This act, neither bold nor timid, seemed less a strategic maneuver than a Sisyphean obligation, a gesture required by the unspoken laws governing capital’s ceaseless migration.





