Tag: hearing

Going up or not?

I feel sorry for QPR fans who have just ‘won’ promotion to the premier league but could yet be scuppered by the FA hearing into irregularities. It’s another example of why value tends to exist at either extreme of the market. People discount something as certain or not far too quickly than chance would and this is where value is often found. My P&L is punctuated with big spikes where value lays or backs eventually return a big one …