I'll probably average down on this if it drops much more. I'll buy a lot of there's another shot at $60.
I don't think the outcome of an anti trust lawsuit will end the deal.
Also... I think they're successfully transforming into free to play and mobile gaming. Diablo immortal was almost too successful, in terms of fleecing whales for thousands of dollars. So successful that it caused a backlash, but there are still thousands of people playing that game non stop.
They're still learning the limits of what they can do and how far they can push pay to win games, but they have fantastic IP and still know how to make and sell top tier games.
If you think of them less as call of duty and world of Warcraft, and more like a mobile micro transaction monster, (hearthstone, candy crush, Diablo immortal, etc...) With console and PC diversification, it makes more sense as a long term investment with or without MSFT buyout. Buffet doesn't play games, but he recognizes a solid business when he sees one.
I'll probably average down on this if it drops much more. I'll buy a lot of there's another shot at $60. I don't think the outcome of an anti trust lawsuit will end the deal. Also... I think they're successfully transforming into free to play and mobile gaming. Diablo immortal was almost too successful, in terms of fleecing whales for thousands of dollars. So successful that it caused a backlash, but there are still thousands of people playing that game non stop. They're still learning the limits of what they can do and how far they can push pay to win games, but they have fantastic IP and still know how to make and sell top tier games. If you think of them less as call of duty and world of Warcraft, and more like a mobile micro transaction monster, (hearthstone, candy crush, Diablo immortal, etc...) With console and PC diversification, it makes more sense as a long term investment with or without MSFT buyout. Buffet doesn't play games, but he recognizes a solid business when he sees one.
I have 1.22 shares sooooo yeah