The Intrinsic Value Podcast - The Investor’s Podcast Network cover image

MI Rewind: Future of the Financial Markets? w/ Howard Marks

The Intrinsic Value Podcast - The Investor’s Podcast Network

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Villgam

activision saw the sity rom as the future, except that nintundo said they are not going to do it. So we made games for the pcs, and those games did very well. We started growing. And just then, as we thought, hey, wher's our next big move. Soni announced the play station - which had no cartridge on it. It was only a seedy rum. Then mikrosov came in and announced the axe box. There was no cartridge too. So we knew we were right. The market saw the villgam industry as a toy and did not agree that it was a real, big business. And could not see further

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