Bear Market Valuations

Bear Market Valuations:

Bear Market Valuations (“BMV”) is a research group focused on identifying value opportunities in turbulent (and often depressed) markets. Given the dramatic price depression in the Digital Asset markets, BMV believes there may be specific sectors where over-correction or mis-valuation has occurred. BMV utilizes traditional financial valuation methods where possible, and places little weight on estimations of future speculative growth, ideology, or ‘adoption’.

While some contributors to, and authors of, BMV choose to remain anonymous, they have backgrounds in traditional financial and management consulting fields. A quick bio for our primary contributor is below.

Duncan Wells Headshot

Duncan Wells | Primary Contributor

Duncan has substantial experience in equity and asset due diligence, assessing transformative business development plays, brand strategy, and in near-field cognitive developments (RPA, AI, etc.). Prior to BMV, he was a management consultant.

He has an MBA from the Kellogg School of Management, and a B.S. in Commerce from the McIntire School of Commerce at UVA.




The statements, opinions and analyses presented in this report (collectively, “Information”) are for informational purposes only. Any opinions or probabilities expressed in this report are those of the author as of the report date and are subject to change without notice. Bear Market Valuations (“BMV”) makes no guarantee as to the completeness or accuracy of the Information, nor can it accept any responsibility for any errors in the report. Other events that were not taken into account may occur, and any opinions or probabilities should not be construed to be indicative of the actual events that may occur.


The Information contained herein is not an offer to sell or the solicitation of an offer to buy any securities, coins, or tokens. Nothing contained herein is intended to be investment advice, nor is it to be relied upon in making any investment or other decision. BMV is not a registered broker-dealer or registered investment adviser. Prior to making any investment decision, you are advised to consult with your broker, investment adviser, or other appropriate tax or financial professional to determine the suitability of any investment. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment will be profitable or equal any historical performance level(s).


Neither BMV, any of its affiliates, nor each of their respective officers, directors, members, agents, representatives, employees, or contractors (collectively, “BMV Parties”), are liable for investment decisions based upon, or the results obtained from, the Information provided. BMV Parties or their clients may at times own positions in the companies described in these reports. You assume all risks of loss resulting, directly or indirectly, from the use of the Information contained in this report. By accepting receipt of this report, you agree to hold harmless the BMV Parties from any and all claims, actions, damages, losses, liabilities, costs and expenses of any kind whatsoever, including any claims of negligence, arising out of, resulting from, by reason of, or in connection with the use of the Information contained in this report.


This report contains certain “forward-looking statements,” which may be identified by the use of such words as “believe,” “expect,” “anticipate,” “should,” “planned,” “estimated,” “potential” and other similar terms. Examples of forward-looking statements include estimates with respect to financial condition, market developments, and the success or lack of success of particular investments (and may include such words as “crash” or “collapse”). All are subject to various factors, including general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors that could cause actual results to differ materially from projected results.


Comparable companies, strategies, portfolios and indices may be included in this report only as a context reflecting general market results during the depicted period or as of the specified date.


The comparison of any company, strategy, portfolio or index to a single other portfolio may be inappropriate because the portfolio’s assets, strategies and level of risk may vary materially from the comparable company, strategy, portfolio or index as a whole.


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