It's Been Two Years Since We Started Buying Crocs. What's Next?

Written by Michael Bigger. Follow me on Twitter.

 

 

It’s been two years since we added a new holding to our investment portfolio. The last stock we added was Crocs (CROX), which we started buying on July 8, 2008. You can read our investment thesis on Crocs at this link.

 

Despite the fact that the S&P 500 has slid more than 10 percent from its 2010 high reached in April, we don’t see much value in the U.S. markets. To us, value means an investment is trading at a level that can return four or more times our investment over a three- to five-year period. This blog post discusses what we look for. 

 

We know of no security with that potential investment payoff at the moment. Therefore, we will just sit tight and wait. We will let you know when we find such an investment.

 

Do you know of any?

 

 

 

Recommended reading:  The Big Money: Seven Steps to Picking Great Stocks and Finding Financial Security (Amazon Affiliate Link).

 

 

Comments

[Aris]

Hi,

Great blog!

If you don't see value in US markets at present, would you also consider adding emerging equities to your portfolio?

Regards,

Aris

[Michael Bigger]

Aris,

Thank you. The drive is not geography centered. It is bear market centered. So we are fine looking at anything that we can understand if values have been pushed to ridiculous levels. Vicious bear markets create these opportunities.