When my networth was still small, I can focus on stocks of game that I know well. I didn't even think about investing in FPS games, or any other game that I didn't play on. However, the bigger my networth became, the more difficult for me to find stock are are "wrongly priced", so to speak, so I HAVE TO started going outside of my specialized genre (RPG and SRPG), and try to predict things that I am not familiar with (like you did with COD4). Luckily, at the time of COD4 GLS, my networth are still small, so I didn't invest in it (I did around Jan / Feb, when it is apparent that the stock is doing better than predicted).
I think the lesson I learned from your COD4 "mistake" is : - developer is very important (I previously didn't differentiate between developer, only concerned with publisher) - better invest in area that you are familiar with (the more ignorant you are of a certain genre, the bigger the possibility of you forgetting one or more detail that significantly affect the sales potential).
Right now, I have about 3 Million "idle money", since I couldn't find any better way to use them (without going into speculative position). I always have to remind myself not too be too confident of my own analysis / prediction, since I have made lots of mis-prediction in the past.
Personally, I think the only reason I can rise to my current level is because I still have more "success" compared to "mistake", not because I didn't make any mistake. Reducing the mistake, especially in the GLS market, is my top priority nowadays, since I couldn't get profit from the futures like I did before (5 Futures stock that are focused on Top 10 Monthly does not give as big profit possibility as 10 Futures that include those outside of Top 10 monthly).
Thanks for sharing your mistake. I hope I can do a better investment in the GLS by utilizing the things I learned from you.
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When my networth was still small, I can focus on stocks of game that I know well. I didn't even think about investing in FPS games, or any other game that I didn't play on. However, the bigger my networth became, the more difficult for me to find stock are are "wrongly priced", so to speak, so I HAVE TO started going outside of my specialized genre (RPG and SRPG), and try to predict things that I am not familiar with (like you did with COD4). Luckily, at the time of COD4 GLS, my networth are still small, so I didn't invest in it (I did around Jan / Feb, when it is apparent that the stock is doing better than predicted).
I think the lesson I learned from your COD4 "mistake" is :
- developer is very important (I previously didn't differentiate between developer, only concerned with publisher)
- better invest in area that you are familiar with (the more ignorant you are of a certain genre, the bigger the possibility of you forgetting one or more detail that significantly affect the sales potential).
Right now, I have about 3 Million "idle money", since I couldn't find any better way to use them (without going into speculative position). I always have to remind myself not too be too confident of my own analysis / prediction, since I have made lots of mis-prediction in the past.
Personally, I think the only reason I can rise to my current level is because I still have more "success" compared to "mistake", not because I didn't make any mistake. Reducing the mistake, especially in the GLS market, is my top priority nowadays, since I couldn't get profit from the futures like I did before (5 Futures stock that are focused on Top 10 Monthly does not give as big profit possibility as 10 Futures that include those outside of Top 10 monthly).
Thanks for sharing your mistake. I hope I can do a better investment in the GLS by utilizing the things I learned from you.