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Grampy on 30 August 2008
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Picko said:
Squilliam said:
celine said:
Squilliam said:

 

Because for someone who seems to think he understands, he actually doesn't.

  1. His posts read like a cross between a get rich quick book and cultist literature. They do not understand, while you the reader understands because you listen to me.
  2. He has a propensity for creating straw man arguments to caricature people like analysts/journalists/publishers/console developers etc and then defeating them.
  3. He is an "intuitive type" but without hard data that analysts have access to, he may as well sit in the lotus position and smoke his bong for all the understanding it will give him of the "market"
  4. His bias is extremely evident in everything he writes. He appears to only accept information that supports his world view. In mathematics class if I get lucky and give the right answer but the method to get that answer was completely wrong, giving the correct answer doesn't matter because I still fail.

 

 

Squilliam essentially gets things. Malstrom appears to not understand economics, which to someone educated in their area of finance, economics and business makes many of his arguments appear without substance.

Luckily he tells a lot of fanboys what they want to here so none of that will matter to them. But for the record, you should all aspire to be far more knowledgable than Malstrom - because it's not that hard (I promise).

No one has actually shown me where he's been wrong yet however, I agree that further argument is like teaching a pig to sing. It accomplishes nothing and it annoys the pig.

So Here's my personal business theory to lighten things up a bit.

Grand Theft Auto 4 sells 6.29 M copies at $60 with a $100M development cost = 337.4% profit (very nice)

 Nintendogs sells 20M copies at $25 and is rumored to have had a development cost of less than $300,000?

 $300K development cost on $500M is a profit of 166,666.67% (F**king Fantastic)

Casual gaming pay off!

Works for me.

And by the way, the difference between the real world and your math class is it that doesn't matter how you make the right choice. If I had invested in Nintendo a few years back for a stupid reason like I thought Princess Peach was cute I'd still be richer than if I had followed "expert" advice and invested in Sony because of all the "right" reasons.