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Strategies & Market Trends : Value Investing
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To: Dennis 3 who wrote (49730)10/11/2012 7:40:04 AM
From: Bocor1 Recommendation   of 78704
 
DECK... Is Uggs outdated??? Not sure but like I said people are wearing them as it gets colder, I see them everywhere. I visited Lord & Taylor and Nordstrom and people were buying them over the weekend also

My guess is that the vast majority of America cannot afford Lord and Taylor or Nordstrom; many have never even seen one. Every year there are more knockoffs, "bear paw" etc. and they are almost as good and much cheaper. Today, when many don't know what their income will look like next year much less in the next 5 years, IMO there is a leaning towards similar but cheaper with most things.
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