$NTDOY: is Nintendo's flywheel actually there? | Accrued Interest

Andrew Walker (0:02)

You're about to listen to Yet Another Value Podcast with your host, me, Andrew Walker. Today we have on Simeon McMillan from Accrued Interest. Look, Accrued Interest follows All Things TMT, and if you know me, you know I love All Things TMT. And I just really enjoy Simeon's takes on everything. I'm a happy subscriber. I think he might have been his first subscriber to Accrued Interest to disclose my priors, but he's great. We're gonna talk about a lot of stuff. I'll include a link to his website in the show notes if you wanna go follow up, but we're gonna talk about Nintendo, which is always top of mind for me because I love Nintendo and I had a stomach bug the other day and had to take off work for a day. So for a few hours, I just fired up the Switch and played some Nintendo games for a while because I couldn't do anything else over the cramping of my stomach and all of the things I don't wanna tell you about. So we talked Nintendo and then we're gonna talk Netflix and Spotify where he is very bullish on both Netflix and Spotify. Oh, and I should mention he's controversially quite bearish on Nintendo. So we're gonna talk all that plus little quick hits on other things media. I think you're really gonna enjoy the conversation. I really enjoyed the conversation. We'll get there in one second, but first, a word from our sponsors.

Today's podcast is sponsored by fiscal.ai. fiscal.ai is the modern financial data provider for global equities. Look, that's what they have me tell you, but let me tell you how I've been using fiscal.ai. And I'll remind you, I'm a customer. I paid with my own money to connect to the fiscal.ai API. There's two things that I've really found it useful for. Number one, this is something super unique. They've got a huge database of fund letters, and the fund letters are connected by the API. So whenever I'm researching a company, whether it's researching the company because I'm interested in them or looking up an event or prepping for a podcast, the first thing I have my AI do is I say, hey, I'm prepping for a podcast on hymns.

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All right. Hello and welcome to Yet Another Value Podcast. I'm your host, Andrew Walker. With me today, I'm excited to have, I think it's the third time, Simeon McMillan from Accrued Interest. Simeon, how's it going?

Simeon McMillan (2:44)

Great, Andrew. Great to be back and look forward to making another great interview, a friend of the show or a friend of the pod, whatever you want to call it. No, there's always something interesting going on in media, so we're never at a loss of topics.

Andrew Walker (2:59)

Well, A, you stole that from me because I told you that right before we started recording.

I really enjoyed it.

I'd say once every three weeks, I get an email from a furious long of some media's talk, saying, look what Simeon said on this. You're making waves and I'm super excited to do a talk with you. I think we talked last at the end of Q2, towards the beginning of Q3. It's now rapidly approaching Q4, the end of Q3. We were just doing our, we said we're going to do it. People enjoy it. We're going to do our quarterly media check-in. I've been following a crude interest, so I know you've got lots of thoughts. I think the place you wanted to start with, oh, disclaimer, nothing on this podcast, investing advice, full disclaimer at the end of the podcast and the show notes. The place you wanted to start with was Spotify, but I am super excited to talk Nintendo, so I'm going to pull up my host Veto Card and talk Nintendo, which I'm a 10 out of 10 to talk about, and then we can do Spotify, which I'm a 9 out of 10 to talk about, and some other stuff that works for you.