Sunday, November 25, 2007
One brilliant theory as to why sales might be slowing down is that sandals are a seasonal item and demand might just fall off a bit with the arrival of Winter. That may be so (and I'm not putting the theory down), but I have an additional observation.
Crocs is a one trick pony. Its sole (no pun intended) product is a line of garish, neon-colored, ugly, plastic sandals. I have a hunch that the market for such a product might be somewhat finite and once the demand is satisfied, sales are going to crash unless the company comes up with a way to reignite demand or comes up with some new products. Crocs apparently hasn't.
Like most fad investments, unless you invest in it early and look to get out before it peaks, you will get burned. Once everybody else has already noticed, it's too late. I have no sympathy for the kind of herd mentality investors who get into these things and then start whining about it when the bubble pops, as it inevitably does. I hope the plaintiffs get thrown out of court.
Sunday, November 18, 2007
"Who would have foreseen that the nation that inflicted fast food and drive-thru restaurants on the planet would then take the fastest menu item of all and turn it into a Kabuki-paced performance art? What mad genius!"
Of course he had a larger, more serious point to make.
"We know Eastern Europe was a totalitarian prison until the Nineties, but we forget that Mediterranean Europe (Greece, Spain, Portugal) has democratic roots going all the way back until, oh, the mid-Seventies; France and Germany's constitutions date back barely half a century, Italy's only to the 1940s, and Belgium's goes back about 20 minutes, and currently it's not clear whether even that latest rewrite remains operative. The U.S. Constitution is not only older than France's, Germany's, Italy's or Spain's constitution, it's older than all of them put together."
As Always, it's worth your time to read the whole thing.
"Human beings only have two ways to deal with one another: reason and force. If you want me to do something for you, you have a choice of either convincing me via argument, or force me to do your bidding under threat of force. Every human interaction falls into one of those two categories, without exception. Reason or force, that's it."
Read the whole thing.
Saturday, November 17, 2007
"7:44pm Three out of four undecided voters on CNN are pear-shaped middle-aged women with a tendency to ramble, and who want things from the government. Don't blame me if you think that's cruel--I'm just reporting what I see."
It's all pretty amusing really.
Tuesday, November 13, 2007
"I do not oppose environmentalism. I do not oppose the political positions of either party. However, Global Warming, i.e. Climate Change, is not about environmentalism or politics. It is not a religion. It is not something you “believe in.” It is science; the science of meteorology. This is my field of life-long expertise. And I am telling you Global Warming is a non-event, a manufactured crisis and a total scam. I say this knowing you probably won’t believe a me, a mere TV weatherman, challenging a Nobel Prize, Academy Award and Emmy Award winning former Vice President of United States. So be it. "