“Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.”
Yesterday, Sketchers (SKX) took it on the chin. Ouch! Down 21%.
Full disclosure, I own SKX. But, I have owned it since 2003 and even with the drop, it has grown at a compounded 20% per year since purchasing it. This is why I am patient and a long-term holder of equities. It pays!
