ok so I just bought shares in GME (GameStop)
which seems like a bad idea, right? Amazon is eating all brick-and-mortar retailers alive
but here's the deal, EVERYONE knows that Amazon is eating brick and mortar retailers
and what everyone knows, isn't really worth knowing
GME's share price has fallen 33% in a year
but it's revenues have fallen none
actually grew slightly
so while long-long term gamestop will probably go out of business
currently, they pay 10% dividend
and their share price is very reasonable
my thesis is that the market over-corrected on GME due to fears of Amazon taking all the business
i could very well be wrong
so i didnt put a ton of money in it
GameStop also has a pretty active customer loyalty program that I think invested gamers will continue to use