The world is abuzz about the World Cup. But esports is actually much, much bigger than soccer – or the NFL, NBA or MLB! Do you realize that gaming is a $200B business? And while all major team sports are flat to declining, Gaming is growing at 25-50% PER YEAR! This podcast overviews how to interpret the data so you can understand just how big a trend Gaming is, and why this should impact your investments.
Simultaneously, the long fad of crypto is under attack due to the failure of FTX, incarceration of Sam Bankman-Fried, and trading halts at exchanges like Binance. This podcast overviews how the same sort of analysis that spots Gaming as an important trend shows with clarity that crypto – despite the media hype – is a fad. And a fad quickly losing interest.
Thinking points:
• Are you using trends to guide your investments, or merely relying on history?
• Are you able to tell the difference between trends and fads?
• Did you let hype influence you to invest in crypto? Or to think soccer is a fast growing sport?
• Are you using high growth in sectors like gaming make an influence or where you invest in growth?