Message from @Farenthas
Discord ID: 517420755617579048
We've seen the same effect in oil, steel, and textiles along with other industries and they have a bust after a long boom.
i revoke your permission to use business jargon
This is just happening to video games as since the post 80s crash, it's been nothing but, growth.
It's a newer industry, ala wild west for finance.
None of that is jargon.
growth is the opposite of what we are seeing in the game industry, what's "ruining" it
Yes and no.
You're looking at this year alone, the start of the decline.
If you view say, EA's stock since 2014 to now.
It has jumped from 14 at opening to 87 at peak. This is due to shareholders pushing for growth every year.
And now has crashed to 50ish
growth would be focusing on interesting new ip's, development of interesting new concepts, risk taking behavior
No, you're thinking company growth. You're focusing on this at a company level, not an Econ level.
I am discussing stock growth/industry growth. Video games aren't a special industry. It's the latest one they're going to push for constant *financial* growth in, until they kill the golden goose that lays the eggs.
You are thinking IP, Product development, and franchising.
growth isnt about maintaining the status quote, and cutting back on development to rehash the same concepts every year
if you mean growth by seeking profits, guess what, every company is gonna do that every year
Yes financial/industry wide levels of growth ie industry profit levels
kys
Not franchise, IP or company growth
i independently invest, have upwards of $75k in stocks
are those my qualifcations?
no, i just explain how you are wrong, rather than appealing to authority
Yeah and I've got several business degrees, your point? You are looking at this from a company level and I am talking about the entire industry wide growth. You can't seem to distinguish that growth doesn't just apply to strictly one company's profits/IPs/Assets. There is such a thing as the *entire* industry said company is in, facing growth or decline.
It's a pattern seen in all other industries, why the absolute fuck would video games be an exception? No one cares you day trade.
get outa here
Ooh so you got a portfolio
Fucking new guys.
weird flex but ok
you can put your dick away now
Is IB good? I've been looking at it
IB?
Time to pull 30k out of *Acorns*
Fuckin acorns lol
IB is pretty dang good, upwards of 50k cash in your portfolio and you have options to allow them to lend out your shares to accrue a modest amount of interest
very low commission to execute trades
no qualms
Barely after noon and you fucks already having a dick measuring contest again