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.
@LukeAlmighty exactly that's why I feel fairly confident investing them because I'm really thinking are they really going to fuck up putting Mario in another game, I can't really see that.