I am a bit with you KV, because presumably you would have to do some type of form analysis, (as basic as it may be) to put horses in order to frame prices, then shop for value. This is what I do.

But I think value can mean different things to different people. Dr Ron is comparing prices from one source to the other, taking the longer one and calling it value. Maybe fair enough.

I think traditionally framing prices and then shopping is the recognised meaning of value. But I am all for alternative methods of finding winners, same for pricing.

Each to their own, ultimately the bottom line is the only thing that counts.

Each day you hear the word value butchered by tipsters. ie: wide open market $4-5 the field, "there will be plenty of value if you can find the winner." Total garbage.

I think the value of tipsters is somewhat outdated, especially the ones on radio and I take very little notice of any of them.