Yeah but neither is Epic - I think the key is that Gave isn’t driven by some technofascist plan to have everyone live in the metaverse or play games using brain implants or whatever
Exactly. Steam is a money-printings g machine, and since they’re not publicly traded the owners make money asong as they’re profitable.
With publicly-treaded companies, anyone who invests only makes money when the value of the stock goes up. Your company can make 5 billion dollars a second in profits, but still lose value to shareholders if the next quarter you aren’t making 6 billion a second.
That’s not a good example. A lot of tech companies don’t pay dividends because they aren’t yet profitable. The share price fluctuates heavily because it’s all speculative.
Longer term, profitable companies that pay consistent dividends are the bread and butter over a strong passive income generating portfolio. You can also get significant dividends just from index fund ETF.
A million dollar portfolio can easily print $30000-$50000 a year in dividends depending on how it’s allocated
Not being publically traded.
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This is the key. I believe GabeN specifically owns 50.1% of Valve so that he can always make the final executive decisions.
Yeah but neither is Epic - I think the key is that Gave isn’t driven by some technofascist plan to have everyone live in the metaverse or play games using brain implants or whatever
Exactly. Steam is a money-printings g machine, and since they’re not publicly traded the owners make money asong as they’re profitable.
With publicly-treaded companies, anyone who invests only makes money when the value of the stock goes up. Your company can make 5 billion dollars a second in profits, but still lose value to shareholders if the next quarter you aren’t making 6 billion a second.
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That’s not a good example. A lot of tech companies don’t pay dividends because they aren’t yet profitable. The share price fluctuates heavily because it’s all speculative.
Longer term, profitable companies that pay consistent dividends are the bread and butter over a strong passive income generating portfolio. You can also get significant dividends just from index fund ETF.
A million dollar portfolio can easily print $30000-$50000 a year in dividends depending on how it’s allocated
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