In the financial market, a bull means prices are going up because people feel confident and keep buying. A bear means prices are going down because people feel worried and start selling. Markets move between bull and bear periods all the time, depending on how people feel about the future.
Those feelings usually come from something real, what companies are building, earning, and owning. That’s why we look beyond market moods and explore the actual businesses in our portfolio and the projects that help them grow.