Mr Bearbull 

Value’s hiding place

Mr Bearbull

Mr Bearbull
Value’s hiding place

Value is often where you least expect it and it is often in the dullest vehicles. Or – to put it the other way around – it’s least likely to be found in racy, exciting vehicles that everyone’s ogling and chasing. That’s probably to be expected. After all, the exciting situations are the ones that grab the attention. They are likely to stimulate lots of dealing activity, which should – or at least could – mean that prices get driven out of the musty corners where value hides and into the spotlight where it evaporates in the heat.

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