With the ASX 200 now sitting at a lofty PE of 17.3 (within a whisker of a 14-year high), finding value has become increasingly difficult. Looking at the market average can mask multiples of individual companies trading at even higher levels. Transurban, Bapcor, Altium, and Dominos are trading on 72x, 26x, 30x, and 52x FY17 earnings respectively. Low interest rates and low earnings growth have pushed multiples higher, so is it time to jump into the high-priced stocks, or settle for 'cheap and nasty?' In the latest Buy Hold Sell Thematic, Matthew Kidman from Centennial Funds hosts Prasad Patkar from Platypus Asset Management and Romano Sala Tenna from Katana Asset Management as they look at whether it's worth paying up for quality, and whether money can be made on cheap, low-quality businesses.