Ricky from Twinfinite writes "At a Nintendo investor Q&A, an investor questioned Nintendo brass about why exactly do they always talk about that video game stuff at these things, anyway?"
That is probably like a lot of shareholders. Their interest is the money, not the product.
If you are to invest in a product you should know something about it or at least read yourself up to speed. Otherwise you are not completely sure what you are investing in and thus a moron. Yes they might have made a shit ton of money a while ago, but if you don't know why.. than you are throwing your money away in the end hoping the wind will blow it back plus some extra.
-_- Wow, some people just have too much money to throw away, good to see people investing in things they have no clue about. What a crazy question to ask.
Its a little naive to think many investors know about video games... Investors invest in something that will make their money grow, anything with an upward profit trend is investable (if thats a word). Do investors in software companies really care what software is developed? They care the software that is being developed is making money. Its a fairy tale to think investors really care about the end product of a company... E.g Sony's biggest profit maker is insurance (believe it or not), they sell insurance. Thats how diverse they are. Investors will be looking at what costs Sony the most money (The laptop business/ Tv business) so far the laptop business got sold, TV business could be next. Obviously its down to the CEO to make that decision but investors can influence the sale of such a division.
Nothing naive about what I said, knowing what you're investing your money into should be important. It seems like it would be wise from a business perspective to know exactly what your money is going into so you can judge those trends better for future investments yourself. What do I know though, I am not an investor or have that kind of money to be investing in things but if I did, I would know exactly what my hard earned money is going into.
But it kinda is . Why should it be different for videogames when it is not for all other sectors ? There is no field with investors fully aware and knowledgeable about their field of investments . Be it cocoa , tech , toys , games or toilet papers . They follow trends , have people comb balance sheets and risk vs rewards assessments . It's pretty much why the world is so often in deep economical sh*t right now , but also precisely why some field like videogames grew so big so fast . I dont agree with the guy , hell i find his public outburst stupid , and if it was my money , i sure as hell would want to know the most i could about my investments , instead of gambling it , but that's how it is in all major companies .
None of these investors know anything about video games. They just want to know where their money is going. Nintendo's investors meeting was filled to the brim with these kinds of folks and that's a huge problem. I heard there was a guy who just told Nintendo (in front of everyone in the meeting) to stop talking about video games and tell him where his money is going. The rest of the room APPLAUDED this man. That's sad. These investors are literally spending their money on something they know nothing about. Doesn't that seem pretty ignorant and ill-advised?
Why the Hell has he invested in something that he does not understand. Should have invested in something else that he is not clueless about, like property or something.
and that's why nintendo is where its at theres alot of people like this, got their foot up their a** just for the money, yeah well one day when you die, their all going to hell, yet other people have no jobs and love what these dumb pompous investors invest in
Sad things is that this is probably going on elsewhere at EA, Activision, and many other companies in the industry.
just because you don't know anything about the company you invested inn doesn't make it a bad thing. All you have to have is money to do so :)
Sure you can invest just because the company makes money each year, people do that all the time. But when you complain about a video game company talking about video games during it's meetings, you make yourself look like a complete idiot. If you're going to complain, at least know what you're talking about. Wonder how long the other people at the meeting just stared at him.
This is rich.
If I was rich i´d buy people like that out of game companies.
Lol the thing is im really waiting for a new head of nintendo to be giver the reigns. Presumably someone a third his age. And not have some gimmick like the original wii waggle fest. An all out all in one gaming powerhouse. That can not only shine so bright youd need dark sunglasses to look at it. And not overlooked by major third parties. Please drop the wii name next gen nintendo! Being a fan since the nes. An machine that was still looked at as a kids toy had more teen mature rated games than any systems of past. Ot this guy is prolly old af lol
Im sure that goes for every company. at least some people dont understand what they invest in.
If I was Nintendo I would have kicked them out of the room, there is no Devine right for a shareholder to get the return on investment they expect, it's a gamble, they should have invested in a weapons manufacturer...
Dear N4G, youre age is showing. Do you think people always invest in the products they like or enjoy? No, they invest in what is going to give them a financial gain. Given the ignorant responses here such as "id kick them out if i was nintendo llolol" (actually no you wouldnt, they have a legal right to be there as a part owner) Im assuming most of you are young, uneducated, or both. I'd be interested to see if your parents understand all the companies within their investment portfolios. go ahead, ask and get back to us.
I do not understand investors that gamble their money on things they dont understand, all you need to know is that theres a upcoming smash bros, upcoming pokemon games for 3Ds and an upcoming zelda for the wii u, you should know that those games do print money.
LOL it's like my dad who calls every game and system Nintendo. His thoughts aren't what it is but did this make me money
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