The Pokemon GO craze is like nothing I have seen before.
We were in a small group of about 20 people waiting our turn to finally go up the elevator to the top. Three different groups within that larger group were all playing Pokemon GO. The elevator operator had little to say about the CN Tower buy had some advice on using Stardust for each of the groups and was lamenting that the CN Tower had gone ‘blue’ after 3 days of being steadily ‘red’ – this was before Pokemon GO was on any Canadian App site!
So ‘addiction’ is real. ’Kids’ of all ages are setting lures, battling in gyms and searching for Pokemon (I am not sure of the plural spelling).
I have seen other fads come and go, it is difficult to tell if this is one of the fads that will be here for a long time or whether it will have a fleeting lifespan. Zynga Inc. still has a large market cap but never lived up to the early hype around the IPO. King Digital Entertainment PLC was another company that really never lived up to the initial hype (and I do play Candy Crush to kill time but never spend a dime on the game).
Peter Lynch is famous for many things, including his view that one should invest in what you know.
So when looking at Nintendo stock
•The fad is real, but I am already seeing some signs of it dying down
•Turning addictive on-line games into revenue (above and beyond what is already priced in) is difficult
•Nintendo though does have a long track record and a great brand
•The underlying technology which my understanding has a stake in may be very adaptable which would increase its value, but we have not seen how easy it may be to copycat
So I for one am left struggling whether this is really something revolutionary that I can still participate in at a relatively early stage or whether the market has already priced in more than the stock can deliver.
It does highlight just how accessible the entire world is now – which is truly exciting and definitely food for thought in terms of what other ‘old’ or even ‘tired’ companies and technologies may be out there and ready to exploit.
Disclaimer: The content provided is property of Peter Tchir and any views or opinions expressed herein are those solely of Peter Tchir. This information is for educational and/or entertainment purposes only, so use this information at your own risk. Peter Tchir is not a broker-dealer, legal advisor, tax advisor, accounting advisor or investment advisor of any kind, and does not recommend or advise on the suitability of any trade or investment, nor provide legal, tax or any other investment advice.
アメリカの経済誌､フォーブズ（世界の億万長者番付で日本でも有名な雑誌）でも､もはや､このゲームはクレージー！今まで見たことない！と話題となっている。もはや､この流れは誰も止められないのでしょう。
日本政府の､内閣府が指針を出すぐらいですから。ひょっとしたら､文科省から9月の新学期に､「ポケモンの安全な遊び方､いっしょに遊ぶ保護者の皆様へ」何て､文書が全国の小中学校に配られるかもね。
The Pokemon GO craze is like nothing I have seen before.
We were in a small group of about 20 people waiting our turn to finally go up the elevator to the top. Three different groups within that larger group were all playing Pokemon GO. The elevator operator had little to say about the CN Tower buy had some advice on using Stardust for each of the groups and was lamenting that the CN Tower had gone ‘blue’ after 3 days of being steadily ‘red’ – this was before Pokemon GO was on any Canadian App site!
So ‘addiction’ is real. ’Kids’ of all ages are setting lures, battling in gyms and searching for Pokemon (I am not sure of the plural spelling).
I have seen other fads come and go, it is difficult to tell if this is one of the fads that will be here for a long time or whether it will have a fleeting lifespan. Zynga Inc. still has a large market cap but never lived up to the early hype around the IPO. King Digital Entertainment PLC was another company that really never lived up to the initial hype (and I do play Candy Crush to kill time but never spend a dime on the game).
Peter Lynch is famous for many things, including his view that one should invest in what you know.
So when looking at Nintendo stock
•The fad is real, but I am already seeing some signs of it dying down
•Turning addictive on-line games into revenue (above and beyond what is already priced in) is difficult
•Nintendo though does have a long track record and a great brand
•The underlying technology which my understanding has a stake in may be very adaptable which would increase its value, but we have not seen how easy it may be to copycat
So I for one am left struggling whether this is really something revolutionary that I can still participate in at a relatively early stage or whether the market has already priced in more than the stock can deliver.
It does highlight just how accessible the entire world is now – which is truly exciting and definitely food for thought in terms of what other ‘old’ or even ‘tired’ companies and technologies may be out there and ready to exploit.
Disclaimer: The content provided is property of Peter Tchir and any views or opinions expressed herein are those solely of Peter Tchir. This information is for educational and/or entertainment purposes only, so use this information at your own risk. Peter Tchir is not a broker-dealer, legal advisor, tax advisor, accounting advisor or investment advisor of any kind, and does not recommend or advise on the suitability of any trade or investment, nor provide legal, tax or any other investment advice.