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RPG Evolution: You Can't Just Buy Hasbro
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<blockquote data-quote="Cergorach" data-source="post: 9568779" data-attributes="member: 725"><p>Yes, as I said doing it slowly could work. But Hasbro/WotC stock isn't exactly volatile, so there's not traded much (1.5 million per day). As the US stock exchange is only open 5 days per week, and how much can you acquire per day without driving up the price consistently? Maybe 10% if you don't want people to notice? That's 4 years at best (~2 years to control the company). Can that happen? Of course, is that likely to happen looking at the types of people showing interest? Hell, no!</p><p></p><p>But that still depends on people willing to sell their stock. Those ~1.5 millions shares that are daily traded, they might be the same shares or only a relatively small pool of stock is actually traded per year. Not everyone invests to make quick money, if they don't want to sell, you can't make them. Offer enough money, and they <em>might</em> sell, but then it becomes way more expensive again. If you just want to own D&D, spending $8-$12 billion to do so is not a good investment, most of the people that have that kind of money know this. With $8-$12 billion you can build the largest pnp RPG company ever, create your own IP, do massive marketing campaigns, make a good pnp RPG movie or two, etc. And why $12 billion, when stock prices are only worth $8 billion, because that's what happened last time when EM bought something (Twitter) at an over inflated price...</p><p></p><p></p><p>That's a very self-serving statement. No! People generally are not one thing, they tend to be many things. Some of the biggest villains did some very good things, they could be loving parents, etc. And some of the people that are viewed as the biggest heroes today, were horrible people in their personal lives.</p><p></p><p>Have you always been a saint? When you did something stupid/horrible, is that who you are the rest of your life and what you've always been? Better keep up that saintly facade! <img src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f609.png" class="smilie smilie--emoji" loading="lazy" width="64" height="64" alt=";)" title="Wink ;)" data-smilie="2"data-shortname=";)" /></p><p></p><p>I'm not an EM fan, many things he does I do not agree with, but I also have had colleagues I felt the same about. The only difference being is that EM has a LOT more money. <em>shrugs</em> Live and let live.</p></blockquote><p></p>
[QUOTE="Cergorach, post: 9568779, member: 725"] Yes, as I said doing it slowly could work. But Hasbro/WotC stock isn't exactly volatile, so there's not traded much (1.5 million per day). As the US stock exchange is only open 5 days per week, and how much can you acquire per day without driving up the price consistently? Maybe 10% if you don't want people to notice? That's 4 years at best (~2 years to control the company). Can that happen? Of course, is that likely to happen looking at the types of people showing interest? Hell, no! But that still depends on people willing to sell their stock. Those ~1.5 millions shares that are daily traded, they might be the same shares or only a relatively small pool of stock is actually traded per year. Not everyone invests to make quick money, if they don't want to sell, you can't make them. Offer enough money, and they [I]might[/I] sell, but then it becomes way more expensive again. If you just want to own D&D, spending $8-$12 billion to do so is not a good investment, most of the people that have that kind of money know this. With $8-$12 billion you can build the largest pnp RPG company ever, create your own IP, do massive marketing campaigns, make a good pnp RPG movie or two, etc. And why $12 billion, when stock prices are only worth $8 billion, because that's what happened last time when EM bought something (Twitter) at an over inflated price... That's a very self-serving statement. No! People generally are not one thing, they tend to be many things. Some of the biggest villains did some very good things, they could be loving parents, etc. And some of the people that are viewed as the biggest heroes today, were horrible people in their personal lives. Have you always been a saint? When you did something stupid/horrible, is that who you are the rest of your life and what you've always been? Better keep up that saintly facade! ;) I'm not an EM fan, many things he does I do not agree with, but I also have had colleagues I felt the same about. The only difference being is that EM has a LOT more money. [I]shrugs[/I] Live and let live. [/QUOTE]
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