Game on

A friend of mine didn't know that gaming companies make money. Yeah, he thought the most a game could gross was $500 million. Bless their heart, they're as clueless as a frog in a sock! But in case you're in the same boat, let me enlighten you: GTA V has grossed $7.7 billion, more than Avatar and Avengers: Endgame combined. And the gaming industry is bigger than both the movies and music industry combined! Some people are still living in the Stone Age and haven't realised that the gaming industry is a big, juicy pie that everyone wants a piece of. Microsoft is even willing to drop $69 billion to acquire Activision, and that's not just a flex, it's a sign of the times. So, the next time someone questions your choice of spending hours playing video games, just tell them that you're not wasting time, you're actually helping an industry grow. And if they still don't get it, just remind them that the frogs in their socks need entertainment too. Onto the memes now! Take any mutual fund portfolio, these two stocks will be there. Large cap? Yes. Mid cap? Yes. Small cap? Yes. At this point, we wouldn't be surprised if we see these two in debt funds (yes we know debt funds will hold their bonds). Go First bites the dust.

This article was originally published on May 05, 2023.