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!
The minute I receive my paper copy of Barrons - yes I still like the paper copy ( my kids would roll their eyes!) - I open to the Up and Down Wall Street editorial. This is my favorite part of reading Barrons.
