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 5, 2011
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(verb) to thoroughly, completely, and totally fail at life.
I don't want to bear stearns.

I totally bear stearnsed that exam.

This year was sort of a disaster; it's probably time to stop bear stearnsing!

by bear stearns May 20, 2008
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