I'm kind of surprised how cheap Nintendo stock is but then I learned that basically investors go off of their revenue growth but the japanese/nintendo way of business is more about reinvesting it into the company for further growth which turns shareholders off.
But in my opinion it just sounds like a good idea to buy some stock into it because it will almost always be stable and I can never really see Nintendo going out of business.
It's kind of like Ford stock in my opinion, the stock will go up a few dollars and go down but it's just stable. Any other opinions about it?
@Mr_NutterButter
What you hit on is one of two critiques of modern capitalism, that commiers are too stupid to ever understand :D
@LukeAlmighty it'd be like that.
Also did some further research and the other reason is cheaper is because Nintendo controls so much of the market supposedly that everyone assumes that they don't really have any future growth.
Where as someone who is an avid video game enjoyer I know that is complete bullshit they control a sizable chunk of the market for children but for gaming as a whole they're not even fucking close to controlling it.
Legitimately epic games probably has a bigger share of the market due to the sheer size of fortnite.
@Mr_NutterButter
One of the things, that I think really pushes Nintendo forward is, that they truly understand how to keep a franchize alive.
Ubisoft execs know, that everyone is begging them for a new splinter cell. Yet, all we got from Sam Fisher in past 10 years were... 2 cameos?
On the other hand, Nintendo put's Mario and Luigi into EVERYTHING. And even, when there was some series quite down (Like Metroid), they did push it HARD when they reviewed it.
@Ace66062 @Mr_NutterButter
I am actually quite sad from the way, that the entire racing genre has been dead for at least 10 years now.
And I mean, absolutely dead.
@Ace66062 @Mr_NutterButter
No, Forza is barely a game.
Wipeout was such a horribly made game, it didn't even let me change controls. And NFS is barely worth releasing.
I recently went into an oldschool arcade, and it was filled with racking games, and I had insane fun. But the thing, that surprised me was, that I already forgot, just how meaningful is the multiplayer tournament economy. Just the simple loop of "you get money to improve your car after each 2 min race" made the entire dinamic 10 times more enjoyable, then anything I saw in the last 10 years.
@Ace66062 @Mr_NutterButter
Do you mean the 20 or 13 year old Most wanted?
Because, I think that reffering to a 20 year old game does fit the definition of a dead genre perfectly.