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I cant believe he thinks he has a good trackrecord of predictiong the gaming industry.

 

Here is an question and answer from the original interview:

IG: When we met with Reggie Fils-Aime at GDC, we brought up your comment about Wii lacking an upcoming catalyst. He said that their first catalyst is meeting the huge demand and the second is the platform's "strong lineup" of first and third-party titles. He also said your batting average needs to be checked: "And one of the things that I love about Michael, as well as all the analysts that cover this industry, is that they can make some pretty bold pronouncements and not be held to going back and looking at how good the batting average is. Our batting average has been pretty high." What are your thoughts on Reggie's comments?

Pachter: One of the things I love about Reggie is that he is paid to be biased. It is his JOB to promote Nintendo and its products, and he's exceptional at his job. He is a sincere, smart, great guy and he sounds completely logical when he talks about his company. For most of the time over the last 3 1/2 years, his company's products have been on fire, and he had it relatively easy--it's not hard to say great things about a company when everything is going well. Now, his company is still doing fine, but in comparison to prior years, Nintendo's products are showing signs of weakness.

In contrast to Reggie, I'm paid to be objective. I am almost NEVER 100% correct, and neither I nor the people who pay me expect me to be. We are paid to be "close enough," and to provide investors with objective views about the future. When talking about what will happen in the future, all that really matters is that we're rational, logical, thoughtful, thorough and remain unbiased. That's why I'm not held to a batting average. The reason you and other members of the press ask me questions is that I'm accessible, responsive, colorful, and more often than not, am credible. If I failed to be credible, people would not seek my opinion. So my credibility batting average is really quite high.



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