Alby_da_Wolf said:
Bofferbrauer2 said:
Even then he's not.
I don't remember where it was, but there was a guy who was tracking his investments, and his earnings were... 101.2%, so a tiny return on investment of only 1.2%. Mind you, that was in 2012 when the stock market was booming, so he was underperforming below the standard
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VideoGameAccountant said:
I think it's very telling when people on this forum have a better gauge of the Switch and it's trajectory than a man who makes a six figure salary. It's weird he doesn't get the hybrid concept when the Switch. The Lite didn't release until 2019, almost 2 years later, and the system did very well. Clearly people got the Switch concept, but somehow Pachter doesn't. You'd think after the Wii he'd eat some humble pie and study this company rather than shoot off at the mouth. It seems like his job at the firm to say stuff to get headlines.
To add context to your point: on 1/1/2012, the SNP closed at $1,313. On 1/1/2013, it closed at $1,498, which is about a 14 percent return. So you were better off putting your money into an SNP Index fund than giving it to Pachter. Even worse, those suckers had to pay Pachter his management fee for his 1.2% return.
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I have some doubts, how can anyone track his job without the permission of him, his employer and their paying customers?
Probably someone tracked the (crappy) analyses he publicly gives away for free, my point is that if he still has a job what he suggests privately and being paid for it must be quite different.
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He put his investment portfolio public for everyone to see. By doing so, he gave the permission himself. Dunno if they are still public, but back in the day at the very least, they were.
Edit:
http://investorwand.com/investor/8324/michael-pachter
https://www.tipranks.com/analysts/michael-pachter
He bettered himself a bit, back in the day like I said it was only +1.2%...
Last edited by Bofferbrauer2 - on 30 March 2021
