volcom 10k

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MARKET WATCH: Volcom’s Annual Report

When you read Volcom’s 10K for the year ended December 31, 2008, you know immediately why they are successful. There are no wasted words or unnecessary complexity. There’s a consistent focus that makes their strategy clear and the coordination among the pieces obvious. You know it’s been carefully thought out. Even the Foreign Currency Risk and Derivatives footnote is easy to read. That never happens. Where do they find these lawyers and accountants with literary talent?

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