This is a good reminder that sometimes the best businesses get punished for short-term worries that don't change what they actually own. The point about their IP moat is spot on; Mario and Zelda aren't going anywhere just because one console cycle feels uncertain.
Great write up! Sorry it took me awhile to finally read. I liked your general approach here, could have gotten more complicated, but no need to for the type of article you were aiming to right. Did you initiate a position?
Yes, I started a small 3% position. I'm still not that confident, because of management and h the cyclicality in gaming, but I'll see where they go from here.
This is a good reminder that sometimes the best businesses get punished for short-term worries that don't change what they actually own. The point about their IP moat is spot on; Mario and Zelda aren't going anywhere just because one console cycle feels uncertain.
Enjoyed reading this, Niklas. Thanks for the write-up! Seems very interesting to do a deep dive about.
I'd love to do a podcast about the opportunity too, if you want to talk again :) has been a while.
Thanks for your insights. I've been planning to research Nintendo myself with the current drawdown
Great write up! Sorry it took me awhile to finally read. I liked your general approach here, could have gotten more complicated, but no need to for the type of article you were aiming to right. Did you initiate a position?
Yes, I started a small 3% position. I'm still not that confident, because of management and h the cyclicality in gaming, but I'll see where they go from here.