#27 Andrew Wagner: The Economics of Online Gaming

Andrew Wagner is the CIO of Wagner Road Capital Management and the author of "The Economics of Online Gaming". In our conversation, Andrew tells the fascinating story behind the book and we discuss the surprisingly many ways that gaming can make us advance in economics, business, and investing.

A special thanks to Adam J. Mead for connecting us with Andrew Wagner. We welcome all suggestions of interesting authors, books, investors, and voracious readers. For more info about the podcast, go to the episode page and follow us on Twitter. This episode was recorded on June 15, 2022.

—————————————

Episode Chapters

(00:00) Intro by Eddie & Niklas

(02:24) Background of Andrew Wagner

(07:58) How the book came to be

(11:16) The story of the book

(16:48) Gaming experience on the CV

(18:33) Monopoly breakdown and culture

(22:57) Boycott - an investment opportunity?

(28:04) Competitive advantages

(33:57) The Principle-Agent Problem

(36:58) Wagner Road Capital Management

(42:04) Different stages of life in a business

(43:36) Four categories of biases

(49:01) Book inspiration

—————————————

Books Mentioned

• The Economics of Online Gaming - Andrew Wagner
• The Warren Buffett Way - Robert Hagstrom
• The Warren Buffett Portfolio - Robert Hagstrom
• Thinking Fast and Slow - Daniel Kahneman
• Influence - Robert Cialdini
• The Age of Propaganda - Anthony Pratkanis & Elliot Aronson

—————————————

More on Andrew Wagner

• LinkedIn: https://www.linkedin.com/in/atwagner
• Wagner Road Capital Management: https://www.wagnerroadcm.com/
• The Economics of Online Gaming on Business Expert Press: https://www.businessexpertpress.com/books/the-economics-of-online-gaming-a-players-introduction-to-economic-thinking/
• The Economics of Online Gaming on Amazon: https://www.amazon.com/dp/B084Z77PSW/

—————————————

About the podcast

Intro episode: https://www.redeye.se/podcast/investing-by-the-books/817383/0-intro-to-investing-by-the-books

—————————————

What is Investing by the Books?

Investing by the Books was founded by Henrik Andersson, Bo Börtemark, Mats Larsson and Michael Persson. It has published hundreds of book reviews in the past 10 years and operates on a non-profit basis.

Visit the website: http://www.investingbythebooks.com/

Follow on Twitter: https://twitter.com/Investbythebook

—————————————

What is Redeye?

Redeye is a research-centered boutique investment bank from Stockholm. Founded in 1999, Redeye cultivates investors through timeless knowledge, a humble attitude, and a strong focus on quality.

Visit the website: https://www.redeye.se/

Follow on Twitter: https://twitter.com/Redeye_

—————————————

Disclaimer

Notice that the content in this podcast is not, and shall not be construed as investment advice. This information is meant to be informative and for general purposes only. For full disclaimer, visit Redeye.se