Hi Fools,I'm happy to introduce Skechers (NYSE: SKX) as the newest addition to the ALOHA Portfolio. While I believe there is definitely some hair on this pick, I find that buying recognizable brand companies with strong balance sheets for less then tangible book value tends to work out superbly well over time.http://www.fool.com/investing/small-cap/2011/05/17/rising-st...Investments like this are about paying for the stuff and getting the intellectual property plus all the optionality that comes with intangible assets for free.Look forward to seeing how this one turns out as I really like the odds on this one!Cheers,Andy L-C (TMFAloha)http://www.fool.com/specials/risingstars/rising-stars-andy-l...
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