Great piece on CROX by Howard Lindzon today.
Noise and Crowds…So Costly
Money SPENT by the consumers and money FLOW from the institutions is all you need to follow to beat the market. Combine this with money management (the real holy grail) and you will manage billions.
Howard was an early seller of Crocs and explains more about the psychology of the market, particularly with young growth stocks. I'm still holding my shares. You can't have mine.
Sunday, September 30, 2007
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