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Honestly, some of us have always known this about Pachter. I think he's awesome. If you watch his show, you can see that he mixes in a lot of trolling but that he also has solid sources much of the time. People think of his long term guesses and short term analysis the same way when they are not. On the investor side, he's obviously good at his job. On the "getting people to watch his show," he's also very good at his job.

As for the industry, yep, it's a business alright. Fans have some pretty silly ideas of how business is conducted, sometimes. Even this article underestimates that, though, as it talks about the pre-Playstation period as being "innocent", when really that was when Nintendo was the most cut-throat.