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Apparently Crocs are a better investment than Bitcoin

Image via Getty Images
Words by Tara Smith

What a Croc.

Crocs are the shoes that refuse to die.

Apparently, buying stocks in Crocs is a better investment than Bitcoin, which is a sentence I didn’t expect to write in 2018.

New York Times reporter Jack Nicas recently posted a graph to Twitter, outlining the performance of stocks in Crocs and Bitcoin over the last year.

Despite higher peaks from Bitcoin (increasing over 300% from its original price), Crocs came out on top in the long-term.

However, Crocs’ success in the share market probably has little to do with the shoe itself, and a lot to do with its recent designer collaborations (Balenciaga, Christopher Kane).

There’s still hope for the world yet.

crocsaustralia.com.au

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