Great news last night with Nintendo regaining a lot of value on Osaka. The gains were credited to NDP reporting... which surprised me. It also reinforces that most people who invest in Nintendo are not like us. They are not in the games trenches, and they definitely aren't following weekly sales reports on VGChartz. It provides a great opportunity if you follow the industry closely. I'm also not big on diversifying. I've been an all eggs in one basket investor to date and it's worked very well. Hopefully it continues to do so. I try to become as big an expert I can on one industry and invest heavily in an under-valued stock. I like strong, established companies and industries. I've invested in automobiles, banks and energy in the past. I like Nintendo for it's high cash reserves and very established brands. Even if its consoles bombed, the mario image and games have tremendous values. But I don't expect their consoles to bomb, since they have an outstanding history of using older tech to produce high profit margins.
