look up any word, like blumpkin:
 
1.
When individual assets are worth more than the total valuation.

When a group of girls as a whole seem unattractive but when viewed individually, aren't bad.

Opposite of the Cheerleader Effect.
Check out those girls again. We wrote them off before, but I think it's actually the Bear Stearns Effect.
by Sante Fe September 05, 2011