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timothy2809

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2021-11-19

$Activision Blizzard(ATVI)$gonna hold for the long term.

2021-11-17

$Activision Blizzard(ATVI)$ sigh, i bought it at 78.86 and it fell the very next day. lesson learnt, should have researched more. Should I hold the stock (and hope) for their future plans? [思考] or should i dump?

2021-11-06

Satisfied!

2021-11-05

literally 1 day after buying, it fell. how unlucky.

Activision Blizzard Stock Had Its Worst Day Since 2008. Game Delays Caught Wall Street Off Guard.<blockquote>动视暴雪股价经历了 2008 年以来最糟糕的一天。游戏延迟让华尔街措手不及。</blockquote>

2021-11-02

Nice! Guess I should buy it

Warren Buffett says this is the best type of business to own when inflation spikes — in other words, what you should buy right now<blockquote>沃伦·巴菲特表示，当通货膨胀飙升时，这是最好的企业类型——换句话说，你现在应该买什么</blockquote>

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[思考] or should i dump?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":8,"repostSize":2,"link":"https://laohu8.com/post/878124897","isVote":1,"tweetType":1,"viewCount":3653,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842203541,"gmtCreate":1636176458896,"gmtModify":1636176991063,"author":{"id":"4098931937636480","authorId":"4098931937636480","name":"timothy2809","avatar":"https://static.tigerbbs.com/6078d4b5f87c2d8ac744dca8be06d9ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931937636480","authorIdStr":"4098931937636480"},"themes":[],"title":"","htmlText":"Satisfied!&nbsp;","listText":"Satisfied!&nbsp;","text":"Satisfied!","images":[{"img":"https://static.tigerbbs.com/85374acd528053eb6d80b52abfbb554e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842203541","isVote":1,"tweetType":1,"viewCount":2071,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":846679669,"gmtCreate":1636081501374,"gmtModify":1636081501477,"author":{"id":"4098931937636480","authorId":"4098931937636480","name":"timothy2809","avatar":"https://static.tigerbbs.com/6078d4b5f87c2d8ac744dca8be06d9ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931937636480","authorIdStr":"4098931937636480"},"themes":[],"title":"","htmlText":"literally 1 day after buying, it fell. how unlucky.","listText":"literally 1 day after buying, it fell. how unlucky.","text":"literally 1 day after buying, it fell. how unlucky.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846679669","repostId":"1176588625","repostType":2,"repost":{"id":"1176588625","kind":"news","pubTimestamp":1636010158,"share":"https://www.laohunote.com/m/news/1176588625?lang=zh_CN&edition=full","pubTime":"2021-11-04 15:15","market":"us","language":"en","title":"Activision Blizzard Stock Had Its Worst Day Since 2008. Game Delays Caught Wall Street Off Guard.<blockquote>动视暴雪股价经历了 2008 年以来最糟糕的一天。游戏延迟让华尔街措手不及。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176588625","media":"Barrons","summary":"Activision Blizzard stock had its worst day since November 2008 on Wednesday as Wall Street tempered","content":"<p>Activision Blizzard&nbsp;stock had its worst day since November 2008 on Wednesday as Wall Street tempered expectations for the coming quarters. Delays for games <i>Overwatch 2</i> and <i>Diablo IV</i> caught Wall Street off guard.</p><p><blockquote>周三，由于华尔街降低了对未来几个季度的预期，动视暴雪股价遭遇了自 2008 年 11 月以来最糟糕的一天。游戏延迟<i>守望先锋2</i>和<i>暗黑破坏神IV</i>让华尔街措手不及。</blockquote></p><p> The company (ticker: ATVI) joined a swath of videogame firms that have pushed back the release of key titles amid the pandemic. Activision Blizzard said it’s not planning for material contributions from <i>Diablo IV</i> and <i>Overwatch 2</i> in 2022.</p><p><blockquote>该公司（股票代码：ATVI）加入了一系列视频游戏公司的行列，这些公司在疫情期间推迟了关键游戏的发行。动视暴雪表示，不打算接受来自<i>暗黑破坏神IV</i>和<i>守望先锋2</i>2022年。</blockquote></p><p> Shares of the videogame firm fell about 14%, to $66.75, on Wednesday, the stock’s worst single-day percentage drop since it fell 15.6% on Nov. 14, 2008, according to Dow Jones Market Data. The&nbsp;S&amp;P 500&nbsp;rose 0.6%, and the&nbsp;Nasdaq&nbsp;rose 1% on Wednesday.</p><p><blockquote>根据道琼斯市场数据，这家视频游戏公司的股价周三下跌约 14%，至 66.75 美元，这是该股自 2008 年 11 月 14 日下跌 15.6% 以来的最大单日百分比跌幅。标普500周三上涨0.6%，纳斯达克上涨1%。</blockquote></p><p> Baird analyst Colin Sebastian titled his Wednesday note “Q3 Recap: Should Have Known Better.”</p><p><blockquote>贝尔德分析师科林-塞巴斯蒂安（Colin Sebastian）在周三的报告中题为 “第三季度回顾： 本应更清楚”。</blockquote></p><p> “While shares will trade lower embedding the push-out of revenues and earnings, compounding already frayed management credibility, we’d remind investors that it’s not unusual for Blizzard to delay new releases, and that other competing console/PC titles were pushed out at least a year, reflecting work-from-home issues,” Sebastian wrote.</p><p><blockquote>“塞巴斯蒂安写道：”虽然由于收入和盈利的挤出，暴雪的股价将会走低，这加剧了本已受损的管理层信誉，但我们要提醒投资者，暴雪推迟新发售并不罕见，其他竞争的游戏机/个人电脑游戏也至少推迟了一年，这反映出在家工作的问题。</blockquote></p><p> For Activision Blizzard, Sebastian notes that the company is also experiencing internal disruptions following months of headlines and complaints from employees about the firm’s workplace culture.</p><p><blockquote>对于动视暴雪，塞巴斯蒂安指出，在几个月来头条新闻和员工对公司工作场所文化的抱怨之后，该公司也在经历内部混乱。</blockquote></p><p> Executives said during the company’s earnings call that Jen Oneal, who became Blizzard’s co-leader in August along with Mike Ybarra, plans to depart at the end of the year. The company cited leadership changes when discussing the delays.</p><p><blockquote>高管们在公司财报看涨期权上表示，今年 8 月与 Mike Ybarra 一起成为暴雪联席领导人的 Jen Oneal 计划在年底离职。该公司在讨论延误时提到了领导层的变动。</blockquote></p><p> Activision Blizzard is responding to employee concerns that were brought to investors’ attention when the California Department of Fair Employment and Housing filed&nbsp;a civil lawsuit in July. The agency alleged that the company “fostered a pervasive ‘frat boy’ workplace culture.” The firm also disclosed that the Securities and Exchange Commission was looking into disclosures related to workplace issues.</p><p><blockquote>动视暴雪正在回应加州公平就业和住房部在 7 月份提起民事诉讼时引起投资者注意的员工担忧。该机构称，该公司 “助长了一种无处不在的'兄弟会'职场文化”。该公司还透露，美国证券交易委员会正在调查与工作场所问题相关的披露。</blockquote></p><p> Following an employee walkout, CEO Bobby Kotick recently said he’d cut his salary to the minimum allowed under California law. He also pledged that the company would take actions like investing $250 million toward opportunities for people from under-represented groups and increasing the percentage of women and non-binary people in its workforce by 50% within the next five years.</p><p><blockquote>在员工罢工后，首席执行官鲍比-科蒂克（Bobby Kotick）最近表示，他将把自己的工资降至加州法律允许的最低工资。他还承诺，公司将采取行动，如投资2.5亿美元，为来自代表性不足的群体的人创造机会，并在未来五年内将员工中女性和非二元性别者的比例提高50%。</blockquote></p><p> “Activision Blizzard is currently under investigation regarding accusations of workplace harassment,” Sebastian wrote, when discussing environmental, social, and governance considerations for the stock. “Clearly this will cast a shadow on the company’s social and governance efforts at least for the nearterm.”</p><p><blockquote>“塞巴斯蒂安在讨论动视暴雪的环境、社会和治理考虑因素时写道：”动视暴雪目前正因涉嫌工作场所骚扰而接受调查。“显然，至少在短期内，这将对公司的社会和治理工作蒙上阴影”。</blockquote></p><p> MKM Partners analyst Eric Handler cut his rating to Neutral from Buy and his price target to $75 from $108 in a note on Wednesday. He pointed to the delays, ongoing personnel turnover, and his belief that not all the bad news is out of the way.</p><p><blockquote>MKM Partners 分析师 Eric Handler 在周三的一份报告中将评级从买入下调至中性，并将目标价从 108 美元下调至 75 美元。他指出了延误、持续的人员流动，以及他相信并非所有坏消息都已消除。</blockquote></p><p> “With increased uncertainty towards the every-other-year release of a [World of Warcraft] Modern expansion pack and for the various mobile titles currently in development, the 2022 projected growth curve has substantially flattened from our prior view,” Handler wrote.</p><p><blockquote>“汉德勒写道：”随着每隔一年发布的[魔兽世界]现代资料片以及目前正在开发的各种手机游戏的不确定性增加，2022 年的预计增长曲线与我们之前的观点相比已经大大趋平。</blockquote></p><p> Wedbush analyst Michael Pachter, who cut his price target to $98 from $125 but maintained an Outperform rating, noted that he suspected <i>Overwatch 2</i> could slip into 2023 when the game’s previous director Jeff Kaplan left the company in April.</p><p><blockquote>Wedbush 分析师 Michael Pachter 将目标价从 125 美元下调至 98 美元，但维持跑赢大盘评级，他指出，他怀疑<i>守望先锋2</i>该游戏的前任总监杰夫-卡普兰（Jeff Kaplan）在今年 4 月离开公司时，可能会滑到 2023 年。</blockquote></p><p> The analyst added that for the sequel, players will compete on teams of five, rather than the six in the current <i>Overwatch</i> game—a change that necessitated an overhaul of how the game is played. Still, comments from developers about the game’s progress as recently as two months ago seemingly signaled to Pachter that the game was on track for a 2022 release.</p><p><blockquote>这位分析师补充说，在续作中，玩家将以五人一组进行比赛，而不是目前的六人一组<i>守望先锋</i>游戏——一个需要彻底改变游戏玩法的变化。不过，就在两个月前，开发者对游戏进展的评论似乎向 Pachter 发出信号，表明游戏有望在 2022 年发布。</blockquote></p><p> “We think that Activision’s multi -channel distribution strategy for its games (premium, mobile, free-to-play and ongoing in-game monetization for premium) will ultimately pay large dividends, but the stock price suggests that investors have tired of waiting,” Pachter wrote.</p><p><blockquote>“帕切特写道：”我们认为，动视游戏的多渠道发行战略（高级游戏、移动游戏、免费游戏和高级游戏持续的游戏内货币化）最终将带来丰厚的红利，但股价表明投资者已经厌倦了等待。</blockquote></p><p> Oppenheimer analyst Martin Yang cut his target to $85 from $100, noting that game delays are among the least challenging issues the company will face in the next year. He points to a leadership vacuum and concerns about talent retention.</p><p><blockquote>奥本海默分析师马丁·杨将目标价从 100 美元下调至 85 美元，并指出游戏延迟是该公司明年将面临的最具挑战性的问题之一。他指出了领导真空和对人才保留的担忧。</blockquote></p><p> “We believe Blizzard faces the long-term challenges of repairing its brand and attracting new talent, at a time when demand for talent is greater than ever, and funding/infrastructure supporting experienced developers/artists to start their own studios is abundant,” Yang wrote.</p><p><blockquote>“我们认为，暴雪面临着修复品牌和吸引新人才的长期挑战，而此时对人才的需求比以往任何时候都大，支持经验丰富的开发者/艺术家创办自己的工作室的资金/基础设施也很充足，”杨写道。</blockquote></p><p> In the meantime, Yang says investors still have a company with a strong balance sheet and cash flows, and the durable strength of its <i>Call of Duty</i> franchise and its King mobile games segment.</p><p><blockquote>与此同时，杨表示，投资者仍然拥有一家拥有强劲资产负债表和现金流的公司，以及其持久实力<i>值班看涨期权</i>特许经营及其国王手机游戏部门。</blockquote></p><p></p><p> “While Blizzard has major challenges ahead, it is not a lost cause,” Yang wrote.</p><p><blockquote>“虽然暴雪未来面临着重大挑战，但这并不是一个失败的事业，”杨写道。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Activision Blizzard Stock Had Its Worst Day Since 2008. Game Delays Caught Wall Street Off Guard.<blockquote>动视暴雪股价经历了 2008 年以来最糟糕的一天。游戏延迟让华尔街措手不及。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nActivision Blizzard Stock Had Its Worst Day Since 2008. Game Delays Caught Wall Street Off Guard.<blockquote>动视暴雪股价经历了 2008 年以来最糟糕的一天。游戏延迟让华尔街措手不及。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-04 15:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Activision Blizzard&nbsp;stock had its worst day since November 2008 on Wednesday as Wall Street tempered expectations for the coming quarters. Delays for games <i>Overwatch 2</i> and <i>Diablo IV</i> caught Wall Street off guard.</p><p><blockquote>周三，由于华尔街降低了对未来几个季度的预期，动视暴雪股价遭遇了自 2008 年 11 月以来最糟糕的一天。游戏延迟<i>守望先锋2</i>和<i>暗黑破坏神IV</i>让华尔街措手不及。</blockquote></p><p> The company (ticker: ATVI) joined a swath of videogame firms that have pushed back the release of key titles amid the pandemic. Activision Blizzard said it’s not planning for material contributions from <i>Diablo IV</i> and <i>Overwatch 2</i> in 2022.</p><p><blockquote>该公司（股票代码：ATVI）加入了一系列视频游戏公司的行列，这些公司在疫情期间推迟了关键游戏的发行。动视暴雪表示，不打算接受来自<i>暗黑破坏神IV</i>和<i>守望先锋2</i>2022年。</blockquote></p><p> Shares of the videogame firm fell about 14%, to $66.75, on Wednesday, the stock’s worst single-day percentage drop since it fell 15.6% on Nov. 14, 2008, according to Dow Jones Market Data. The&nbsp;S&amp;P 500&nbsp;rose 0.6%, and the&nbsp;Nasdaq&nbsp;rose 1% on Wednesday.</p><p><blockquote>根据道琼斯市场数据，这家视频游戏公司的股价周三下跌约 14%，至 66.75 美元，这是该股自 2008 年 11 月 14 日下跌 15.6% 以来的最大单日百分比跌幅。标普500周三上涨0.6%，纳斯达克上涨1%。</blockquote></p><p> Baird analyst Colin Sebastian titled his Wednesday note “Q3 Recap: Should Have Known Better.”</p><p><blockquote>贝尔德分析师科林-塞巴斯蒂安（Colin Sebastian）在周三的报告中题为 “第三季度回顾： 本应更清楚”。</blockquote></p><p> “While shares will trade lower embedding the push-out of revenues and earnings, compounding already frayed management credibility, we’d remind investors that it’s not unusual for Blizzard to delay new releases, and that other competing console/PC titles were pushed out at least a year, reflecting work-from-home issues,” Sebastian wrote.</p><p><blockquote>“塞巴斯蒂安写道：”虽然由于收入和盈利的挤出，暴雪的股价将会走低，这加剧了本已受损的管理层信誉，但我们要提醒投资者，暴雪推迟新发售并不罕见，其他竞争的游戏机/个人电脑游戏也至少推迟了一年，这反映出在家工作的问题。</blockquote></p><p> For Activision Blizzard, Sebastian notes that the company is also experiencing internal disruptions following months of headlines and complaints from employees about the firm’s workplace culture.</p><p><blockquote>对于动视暴雪，塞巴斯蒂安指出，在几个月来头条新闻和员工对公司工作场所文化的抱怨之后，该公司也在经历内部混乱。</blockquote></p><p> Executives said during the company’s earnings call that Jen Oneal, who became Blizzard’s co-leader in August along with Mike Ybarra, plans to depart at the end of the year. The company cited leadership changes when discussing the delays.</p><p><blockquote>高管们在公司财报看涨期权上表示，今年 8 月与 Mike Ybarra 一起成为暴雪联席领导人的 Jen Oneal 计划在年底离职。该公司在讨论延误时提到了领导层的变动。</blockquote></p><p> Activision Blizzard is responding to employee concerns that were brought to investors’ attention when the California Department of Fair Employment and Housing filed&nbsp;a civil lawsuit in July. The agency alleged that the company “fostered a pervasive ‘frat boy’ workplace culture.” The firm also disclosed that the Securities and Exchange Commission was looking into disclosures related to workplace issues.</p><p><blockquote>动视暴雪正在回应加州公平就业和住房部在 7 月份提起民事诉讼时引起投资者注意的员工担忧。该机构称，该公司 “助长了一种无处不在的'兄弟会'职场文化”。该公司还透露，美国证券交易委员会正在调查与工作场所问题相关的披露。</blockquote></p><p> Following an employee walkout, CEO Bobby Kotick recently said he’d cut his salary to the minimum allowed under California law. He also pledged that the company would take actions like investing $250 million toward opportunities for people from under-represented groups and increasing the percentage of women and non-binary people in its workforce by 50% within the next five years.</p><p><blockquote>在员工罢工后，首席执行官鲍比-科蒂克（Bobby Kotick）最近表示，他将把自己的工资降至加州法律允许的最低工资。他还承诺，公司将采取行动，如投资2.5亿美元，为来自代表性不足的群体的人创造机会，并在未来五年内将员工中女性和非二元性别者的比例提高50%。</blockquote></p><p> “Activision Blizzard is currently under investigation regarding accusations of workplace harassment,” Sebastian wrote, when discussing environmental, social, and governance considerations for the stock. “Clearly this will cast a shadow on the company’s social and governance efforts at least for the nearterm.”</p><p><blockquote>“塞巴斯蒂安在讨论动视暴雪的环境、社会和治理考虑因素时写道：”动视暴雪目前正因涉嫌工作场所骚扰而接受调查。“显然，至少在短期内，这将对公司的社会和治理工作蒙上阴影”。</blockquote></p><p> MKM Partners analyst Eric Handler cut his rating to Neutral from Buy and his price target to $75 from $108 in a note on Wednesday. He pointed to the delays, ongoing personnel turnover, and his belief that not all the bad news is out of the way.</p><p><blockquote>MKM Partners 分析师 Eric Handler 在周三的一份报告中将评级从买入下调至中性，并将目标价从 108 美元下调至 75 美元。他指出了延误、持续的人员流动，以及他相信并非所有坏消息都已消除。</blockquote></p><p> “With increased uncertainty towards the every-other-year release of a [World of Warcraft] Modern expansion pack and for the various mobile titles currently in development, the 2022 projected growth curve has substantially flattened from our prior view,” Handler wrote.</p><p><blockquote>“汉德勒写道：”随着每隔一年发布的[魔兽世界]现代资料片以及目前正在开发的各种手机游戏的不确定性增加，2022 年的预计增长曲线与我们之前的观点相比已经大大趋平。</blockquote></p><p> Wedbush analyst Michael Pachter, who cut his price target to $98 from $125 but maintained an Outperform rating, noted that he suspected <i>Overwatch 2</i> could slip into 2023 when the game’s previous director Jeff Kaplan left the company in April.</p><p><blockquote>Wedbush 分析师 Michael Pachter 将目标价从 125 美元下调至 98 美元，但维持跑赢大盘评级，他指出，他怀疑<i>守望先锋2</i>该游戏的前任总监杰夫-卡普兰（Jeff Kaplan）在今年 4 月离开公司时，可能会滑到 2023 年。</blockquote></p><p> The analyst added that for the sequel, players will compete on teams of five, rather than the six in the current <i>Overwatch</i> game—a change that necessitated an overhaul of how the game is played. Still, comments from developers about the game’s progress as recently as two months ago seemingly signaled to Pachter that the game was on track for a 2022 release.</p><p><blockquote>这位分析师补充说，在续作中，玩家将以五人一组进行比赛，而不是目前的六人一组<i>守望先锋</i>游戏——一个需要彻底改变游戏玩法的变化。不过，就在两个月前，开发者对游戏进展的评论似乎向 Pachter 发出信号，表明游戏有望在 2022 年发布。</blockquote></p><p> “We think that Activision’s multi -channel distribution strategy for its games (premium, mobile, free-to-play and ongoing in-game monetization for premium) will ultimately pay large dividends, but the stock price suggests that investors have tired of waiting,” Pachter wrote.</p><p><blockquote>“帕切特写道：”我们认为，动视游戏的多渠道发行战略（高级游戏、移动游戏、免费游戏和高级游戏持续的游戏内货币化）最终将带来丰厚的红利，但股价表明投资者已经厌倦了等待。</blockquote></p><p> Oppenheimer analyst Martin Yang cut his target to $85 from $100, noting that game delays are among the least challenging issues the company will face in the next year. He points to a leadership vacuum and concerns about talent retention.</p><p><blockquote>奥本海默分析师马丁·杨将目标价从 100 美元下调至 85 美元，并指出游戏延迟是该公司明年将面临的最具挑战性的问题之一。他指出了领导真空和对人才保留的担忧。</blockquote></p><p> “We believe Blizzard faces the long-term challenges of repairing its brand and attracting new talent, at a time when demand for talent is greater than ever, and funding/infrastructure supporting experienced developers/artists to start their own studios is abundant,” Yang wrote.</p><p><blockquote>“我们认为，暴雪面临着修复品牌和吸引新人才的长期挑战，而此时对人才的需求比以往任何时候都大，支持经验丰富的开发者/艺术家创办自己的工作室的资金/基础设施也很充足，”杨写道。</blockquote></p><p> In the meantime, Yang says investors still have a company with a strong balance sheet and cash flows, and the durable strength of its <i>Call of Duty</i> franchise and its King mobile games segment.</p><p><blockquote>与此同时，杨表示，投资者仍然拥有一家拥有强劲资产负债表和现金流的公司，以及其持久实力<i>值班看涨期权</i>特许经营及其国王手机游戏部门。</blockquote></p><p></p><p> “While Blizzard has major challenges ahead, it is not a lost cause,” Yang wrote.</p><p><blockquote>“虽然暴雪未来面临着重大挑战，但这并不是一个失败的事业，”杨写道。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/activision-blizzard-stock-worst-day-game-delays-51635971518?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/activision-blizzard-stock-worst-day-game-delays-51635971518?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176588625","content_text":"Activision Blizzard stock had its worst day since November 2008 on Wednesday as Wall Street tempered expectations for the coming quarters. Delays for games Overwatch 2 and Diablo IV caught Wall Street off guard.\nThe company (ticker: ATVI) joined a swath of videogame firms that have pushed back the release of key titles amid the pandemic. Activision Blizzard said it’s not planning for material contributions from Diablo IV and Overwatch 2 in 2022.\nShares of the videogame firm fell about 14%, to $66.75, on Wednesday, the stock’s worst single-day percentage drop since it fell 15.6% on Nov. 14, 2008, according to Dow Jones Market Data. The S&P 500 rose 0.6%, and the Nasdaq rose 1% on Wednesday.\nBaird analyst Colin Sebastian titled his Wednesday note “Q3 Recap: Should Have Known Better.”\n“While shares will trade lower embedding the push-out of revenues and earnings, compounding already frayed management credibility, we’d remind investors that it’s not unusual for Blizzard to delay new releases, and that other competing console/PC titles were pushed out at least a year, reflecting work-from-home issues,” Sebastian wrote.\nFor Activision Blizzard, Sebastian notes that the company is also experiencing internal disruptions following months of headlines and complaints from employees about the firm’s workplace culture.\nExecutives said during the company’s earnings call that Jen Oneal, who became Blizzard’s co-leader in August along with Mike Ybarra, plans to depart at the end of the year. The company cited leadership changes when discussing the delays.\nActivision Blizzard is responding to employee concerns that were brought to investors’ attention when the California Department of Fair Employment and Housing filed a civil lawsuit in July. The agency alleged that the company “fostered a pervasive ‘frat boy’ workplace culture.” The firm also disclosed that the Securities and Exchange Commission was looking into disclosures related to workplace issues.\nFollowing an employee walkout, CEO Bobby Kotick recently said he’d cut his salary to the minimum allowed under California law. He also pledged that the company would take actions like investing $250 million toward opportunities for people from under-represented groups and increasing the percentage of women and non-binary people in its workforce by 50% within the next five years.\n“Activision Blizzard is currently under investigation regarding accusations of workplace harassment,” Sebastian wrote, when discussing environmental, social, and governance considerations for the stock. “Clearly this will cast a shadow on the company’s social and governance efforts at least for the nearterm.”\nMKM Partners analyst Eric Handler cut his rating to Neutral from Buy and his price target to $75 from $108 in a note on Wednesday. He pointed to the delays, ongoing personnel turnover, and his belief that not all the bad news is out of the way.\n“With increased uncertainty towards the every-other-year release of a [World of Warcraft] Modern expansion pack and for the various mobile titles currently in development, the 2022 projected growth curve has substantially flattened from our prior view,” Handler wrote.\nWedbush analyst Michael Pachter, who cut his price target to $98 from $125 but maintained an Outperform rating, noted that he suspected Overwatch 2 could slip into 2023 when the game’s previous director Jeff Kaplan left the company in April.\nThe analyst added that for the sequel, players will compete on teams of five, rather than the six in the current Overwatch game—a change that necessitated an overhaul of how the game is played. Still, comments from developers about the game’s progress as recently as two months ago seemingly signaled to Pachter that the game was on track for a 2022 release.\n“We think that Activision’s multi -channel distribution strategy for its games (premium, mobile, free-to-play and ongoing in-game monetization for premium) will ultimately pay large dividends, but the stock price suggests that investors have tired of waiting,” Pachter wrote.\nOppenheimer analyst Martin Yang cut his target to $85 from $100, noting that game delays are among the least challenging issues the company will face in the next year. He points to a leadership vacuum and concerns about talent retention.\n“We believe Blizzard faces the long-term challenges of repairing its brand and attracting new talent, at a time when demand for talent is greater than ever, and funding/infrastructure supporting experienced developers/artists to start their own studios is abundant,” Yang wrote.\nIn the meantime, Yang says investors still have a company with a strong balance sheet and cash flows, and the durable strength of its Call of Duty franchise and its King mobile games segment.\n“While Blizzard has major challenges ahead, it is not a lost cause,” Yang wrote.","news_type":1,"symbols_score_info":{"ATVI":0.9}},"isVote":1,"tweetType":1,"viewCount":2072,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841903858,"gmtCreate":1635865999139,"gmtModify":1635866489592,"author":{"id":"4098931937636480","authorId":"4098931937636480","name":"timothy2809","avatar":"https://static.tigerbbs.com/6078d4b5f87c2d8ac744dca8be06d9ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4098931937636480","authorIdStr":"4098931937636480"},"themes":[],"title":"","htmlText":"Nice! Guess I should buy it","listText":"Nice! Guess I should buy it","text":"Nice! Guess I should buy it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841903858","repostId":"2180020937","repostType":4,"repost":{"id":"2180020937","kind":"news","pubTimestamp":1635846331,"share":"https://www.laohunote.com/m/news/2180020937?lang=zh_CN&edition=full","pubTime":"2021-11-02 17:45","market":"us","language":"en","title":"Warren Buffett says this is the best type of business to own when inflation spikes — in other words, what you should buy right now<blockquote>沃伦·巴菲特表示，当通货膨胀飙升时，这是最好的企业类型——换句话说，你现在应该买什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2180020937","media":"MoneyWise","summary":"Inflation is high. You might as well profit from it.High inflation rates in the country have become a serious concern on Wall Street.But fortunately for everyday investors, Berkshire Hathaway chief Warren Buffett has plenty of experience in navigating such an environment.Buffett managed a stock portfolio through periods of double-digit inflation rates in the 1970s and has plenty of advice on what to own when consumer prices spike.In a 1981 letter to Berkshire shareholders, Buffett highlighted tw","content":"<p>Inflation is high. You might as well profit from it.</p><p><blockquote>通货膨胀很高。你还不如从中获利。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/143c38befb27f09743294aafaffbe94a\" tg-width=\"1800\" tg-height=\"800\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> High inflation rates in the country have become a serious concern on Wall Street.</p><p><blockquote>该国的高通胀率已成为华尔街的一个严重担忧。</blockquote></p><p> But fortunately for everyday investors, Berkshire Hathaway chief Warren Buffett has plenty of experience in navigating such an environment.</p><p><blockquote>但对于普通投资者来说幸运的是，伯克希尔·哈撒韦公司首席执行官沃伦·巴菲特在应对这种环境方面拥有丰富的经验。</blockquote></p><p> Buffett managed a stock portfolio through periods of double-digit inflation rates in the 1970s and has plenty of advice on what to own when consumer prices spike.</p><p><blockquote>巴菲特在 20 世纪 70 年代两位数通货膨胀率时期管理着股票投资组合，并且对于消费者价格飙升时应该持有什么有很多建议。</blockquote></p><p> In a 1981 letter to Berkshire shareholders, Buffett highlighted two characteristics that make a business well adapted to an inflationary environment: 1) an ability to increase prices easily, and 2) an ability to take on more business without having to spend too much in order to do it.</p><p><blockquote>在 1981 年写给伯克希尔股东的一封信中，巴菲特强调了使企业能够很好地适应通货膨胀环境的两个特征：1）轻松提高价格的能力，以及 2）承接更多业务的能力，而不必花太多钱才能做到这一点。</blockquote></p><p> In other words, aim to invest in asset-light businesses with pricing power.</p><p><blockquote>换句话说，目标是投资具有定价权的轻资产业务。</blockquote></p><p> Let’s take a quick look at three companies that fit that description. One (or all) of them might be worth purchasing with your spare pennies.</p><p><blockquote>让我们快速了解一下符合这一描述的三家公司。其中一个（或全部）可能值得用你的闲钱购买。</blockquote></p><p> <b>Nike (NKE)</b></p><p><blockquote><b>耐克（NKE）</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a24fd7cb9b4e01313c7bb848af6da9d\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>TY Lim/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>泰·林/Shutterstock</span></p></blockquote></p><p> Nike is a global footwear powerhouse that commands high customer loyalty.</p><p><blockquote>耐克是全球鞋类巨头，拥有很高的客户忠诚度。</blockquote></p><p> Customers are willing to pay top dollar for signature gear associated with high-profile athletes like LeBron James and Michael Jordan.</p><p><blockquote>顾客愿意为勒布朗·詹姆斯和迈克尔·乔丹等知名运动员的标志性装备支付高价。</blockquote></p><p> Despite inflationary pressures, Nike continues to expand gross margins and post solid returns on equity well above 30%.</p><p><blockquote>尽管面临通胀压力，耐克仍继续扩大毛利率，并实现了远高于 30% 的稳健股本回报率。</blockquote></p><p> The company is also capturing the full price of its products in an increasingly digital, direct-to-consumer business model.</p><p><blockquote>该公司还在日益数字化、直接面向消费者的商业模式中捕捉其产品的全部价格。</blockquote></p><p> Management believes digital sales could continue to grow from 20% of revenue currently to about 40% of the business by 2025. And price increases could kick in as early as next year.</p><p><blockquote>管理层认为，到2025年，数字销售可能会继续从目前占收入的20%增长到约40%。价格上涨最早可能在明年开始。</blockquote></p><p> Amazingly, profit margins may keep expanding, even as operating costs rise with inflation.</p><p><blockquote>令人惊讶的是，即使运营成本随着通货膨胀而上升，利润率也可能继续扩大。</blockquote></p><p> Nike shares are up about 19% so far in 2021.</p><p><blockquote>2021 年迄今为止，耐克股价上涨了约 19%。</blockquote></p><p> <b>Apple (AAPL)</b></p><p><blockquote><b>苹果（AAPL）</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b22460a66469a2da0380edd32d454c84\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>Vytautas Kielaitis/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>维陶塔斯·基莱蒂斯/Shutterstock</span></p></blockquote></p><p> Global demand for Apple’s premium-priced hardware is growing, as are adoption rates for its high-margin Apple services.</p><p><blockquote>全球对苹果高价硬件的需求正在增长，其高利润苹果服务的采用率也在增长。</blockquote></p><p> Strong brand identity, user friendliness, and a wide range of fully integrated products are powerful attributes that aren’t going away any time soon.</p><p><blockquote>强大的品牌形象、用户友好性和各种完全集成的产品都是不会很快消失的强大属性。</blockquote></p><p> Customers just can’t afford to live outside the Apple ecosystem. That gives the tech giant more freedom to play with pricing as inflation spikes.</p><p><blockquote>顾客根本无法生活在苹果生态系统之外。随着通胀飙升，这家科技巨头在定价方面有了更大的自由度。</blockquote></p><p> The company’s latest M1 chips, which will gradually replace Intel’s CPUs in every single Mac, underscore its commitment to constant innovation.</p><p><blockquote>该公司最新的 M1 芯片将逐步取代英特尔在每台 Mac 中的 CPU，这凸显了其不断创新的承诺。</blockquote></p><p> Apple’s ability to pass rising costs to a global consumer base without significant loss of sales volumes is undeniable.</p><p><blockquote>不可否认，苹果有能力将不断上涨的成本转嫁给全球消费者群体，而不会造成销量的重大损失。</blockquote></p><p> Warren Buffett has allowed Apple to grow to 40% of Berkshire Hathaway’s investments portfolio for good reason: The business just keeps growing profits through all economic cycles.</p><p><blockquote>巴菲特允许苹果在伯克希尔-哈撒韦公司投资组合中的份额增长到 40%，这是有充分理由的： 该公司在所有经济周期中都能保持利润增长。</blockquote></p><p> Apple is up about 13% year to date and trades at nearly $150 per share. But if you’re on the fence about jumping in at the current level, some apps might give you a free share of Apple just for signing up.</p><p><blockquote>苹果今年迄今已上涨约 13%，交易价格接近每股 150 美元。但是，如果你对加入目前的水平持观望态度，有些应用程序可能会因为你注册而免费分享苹果。</blockquote></p><p> <b>Levi Strauss &amp; Co. (LEVI)</b></p><p><blockquote><b>李维斯公司（列维）</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/71b31165e275a966ad050139a054c73a\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>dean bertoncelj/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>迪恩·贝尔通塞尔J/Shutterstock</span></p></blockquote></p><p> A market leader in the denim business, Levi Strauss has been firing on all cylinders of late.</p><p><blockquote>作为牛仔布行业的市场领导者，李维斯最近一直在全力以赴。</blockquote></p><p> Specifically, its well-known brand and a flexible business model have enabled management to grow the top line without sacrificing pricing power.</p><p><blockquote>具体来说，其知名品牌和灵活的商业模式使管理层能够在不牺牲定价权的情况下增长营收。</blockquote></p><p> In the most recent quarter, revenue increased 41% while adjusted gross margin improved 390 basis points to 57.5%.</p><p><blockquote>最近一个季度，收入增长了 41%，调整后毛利率提高了 390 个基点，达到 57.5%。</blockquote></p><p> In fact, management proactively started adjusting its pricing for inflation back in 2020.</p><p><blockquote>事实上，管理层早在2020年就开始根据通货膨胀主动调整定价。</blockquote></p><p> The company also sources raw materials from 24 different countries. And that kind of supply chain diversification provides Levi Strauss with plenty of flexibility during times of crisis.</p><p><blockquote>该公司还从24个不同的国家采购原材料。这种供应链多元化为李维斯在危机时期提供了足够的灵活性。</blockquote></p><p> Levi shares are up more than 30% in 2021.</p><p><blockquote>Levi 股价在 2021 年上涨超过 30%。</blockquote></p><p> <b>The ultimate 'forever asset'?</b></p><p><blockquote><b>终极“永恒资产”？</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5d520eb27cdf18f25a787cd9145eb1b\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>MNStudio/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>MNStudio/Shutterstock</span></p></blockquote></p><p> Warren Buffett once said that his favorite holding period is forever.</p><p><blockquote>沃伦·巴菲特曾经说过，他最喜欢的持有期是永远。</blockquote></p><p> But forever is a long time, and since companies rise and fall, growing your wealth by never selling a share may not be the best strategy.</p><p><blockquote>但永远是一段很长的时间，由于公司会兴衰，通过从不出售股票来增加财富可能不是最佳策略。</blockquote></p><p> But there might be one inflation safe haven that's worth holding forever — U.S. farmland.</p><p><blockquote>但可能有一个值得永远持有的通胀避风港——美国农田。</blockquote></p><p></p><p> No matter how high or fast consumer prices climb, people still need to eat. And it just so happens that Buffett’s good friend Bill Gates is America’s largest private owner of farmland.</p><p><blockquote>无论消费价格上涨多高或多快，人们仍然需要吃饭。而巴菲特的好朋友比尔-盖茨恰好是美国最大的私人农田所有者。</blockquote></p><p> These days, new platforms allow you to invest in U.S. farmland by taking stake in a farm of your choice.</p><p><blockquote>如今，新的平台允许你通过入股你选择的农场来投资美国农田。</blockquote></p><p> You’ll earn cash income from the leasing fees and crop sales. And of course, you’ll benefit from any long-term appreciation on top of that.</p><p><blockquote>您将从租赁费和农作物销售中获得现金收入。当然，除此之外，您还将从任何长期升值中受益。</blockquote></p><p> <i>This article provides information only and should not be construed as advice. It is provided without warranty of any kind.</i></p><p><blockquote><i>本文仅提供信息，不应被解释为建议。它不提供任何形式的担保。</i></blockquote></p><p></p>","source":"lsy1621813427262","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett says this is the best type of business to own when inflation spikes — in other words, what you should buy right now<blockquote>沃伦·巴菲特表示，当通货膨胀飙升时，这是最好的企业类型——换句话说，你现在应该买什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett says this is the best type of business to own when inflation spikes — in other words, what you should buy right now<blockquote>沃伦·巴菲特表示，当通货膨胀飙升时，这是最好的企业类型——换句话说，你现在应该买什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MoneyWise</strong><span class=\"h-time small\">2021-11-02 17:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Inflation is high. You might as well profit from it.</p><p><blockquote>通货膨胀很高。你还不如从中获利。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/143c38befb27f09743294aafaffbe94a\" tg-width=\"1800\" tg-height=\"800\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> High inflation rates in the country have become a serious concern on Wall Street.</p><p><blockquote>该国的高通胀率已成为华尔街的一个严重担忧。</blockquote></p><p> But fortunately for everyday investors, Berkshire Hathaway chief Warren Buffett has plenty of experience in navigating such an environment.</p><p><blockquote>但对于普通投资者来说幸运的是，伯克希尔·哈撒韦公司首席执行官沃伦·巴菲特在应对这种环境方面拥有丰富的经验。</blockquote></p><p> Buffett managed a stock portfolio through periods of double-digit inflation rates in the 1970s and has plenty of advice on what to own when consumer prices spike.</p><p><blockquote>巴菲特在 20 世纪 70 年代两位数通货膨胀率时期管理着股票投资组合，并且对于消费者价格飙升时应该持有什么有很多建议。</blockquote></p><p> In a 1981 letter to Berkshire shareholders, Buffett highlighted two characteristics that make a business well adapted to an inflationary environment: 1) an ability to increase prices easily, and 2) an ability to take on more business without having to spend too much in order to do it.</p><p><blockquote>在 1981 年写给伯克希尔股东的一封信中，巴菲特强调了使企业能够很好地适应通货膨胀环境的两个特征：1）轻松提高价格的能力，以及 2）承接更多业务的能力，而不必花太多钱才能做到这一点。</blockquote></p><p> In other words, aim to invest in asset-light businesses with pricing power.</p><p><blockquote>换句话说，目标是投资具有定价权的轻资产业务。</blockquote></p><p> Let’s take a quick look at three companies that fit that description. One (or all) of them might be worth purchasing with your spare pennies.</p><p><blockquote>让我们快速了解一下符合这一描述的三家公司。其中一个（或全部）可能值得用你的闲钱购买。</blockquote></p><p> <b>Nike (NKE)</b></p><p><blockquote><b>耐克（NKE）</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a24fd7cb9b4e01313c7bb848af6da9d\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>TY Lim/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>泰·林/Shutterstock</span></p></blockquote></p><p> Nike is a global footwear powerhouse that commands high customer loyalty.</p><p><blockquote>耐克是全球鞋类巨头，拥有很高的客户忠诚度。</blockquote></p><p> Customers are willing to pay top dollar for signature gear associated with high-profile athletes like LeBron James and Michael Jordan.</p><p><blockquote>顾客愿意为勒布朗·詹姆斯和迈克尔·乔丹等知名运动员的标志性装备支付高价。</blockquote></p><p> Despite inflationary pressures, Nike continues to expand gross margins and post solid returns on equity well above 30%.</p><p><blockquote>尽管面临通胀压力，耐克仍继续扩大毛利率，并实现了远高于 30% 的稳健股本回报率。</blockquote></p><p> The company is also capturing the full price of its products in an increasingly digital, direct-to-consumer business model.</p><p><blockquote>该公司还在日益数字化、直接面向消费者的商业模式中捕捉其产品的全部价格。</blockquote></p><p> Management believes digital sales could continue to grow from 20% of revenue currently to about 40% of the business by 2025. And price increases could kick in as early as next year.</p><p><blockquote>管理层认为，到2025年，数字销售可能会继续从目前占收入的20%增长到约40%。价格上涨最早可能在明年开始。</blockquote></p><p> Amazingly, profit margins may keep expanding, even as operating costs rise with inflation.</p><p><blockquote>令人惊讶的是，即使运营成本随着通货膨胀而上升，利润率也可能继续扩大。</blockquote></p><p> Nike shares are up about 19% so far in 2021.</p><p><blockquote>2021 年迄今为止，耐克股价上涨了约 19%。</blockquote></p><p> <b>Apple (AAPL)</b></p><p><blockquote><b>苹果（AAPL）</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b22460a66469a2da0380edd32d454c84\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>Vytautas Kielaitis/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>维陶塔斯·基莱蒂斯/Shutterstock</span></p></blockquote></p><p> Global demand for Apple’s premium-priced hardware is growing, as are adoption rates for its high-margin Apple services.</p><p><blockquote>全球对苹果高价硬件的需求正在增长，其高利润苹果服务的采用率也在增长。</blockquote></p><p> Strong brand identity, user friendliness, and a wide range of fully integrated products are powerful attributes that aren’t going away any time soon.</p><p><blockquote>强大的品牌形象、用户友好性和各种完全集成的产品都是不会很快消失的强大属性。</blockquote></p><p> Customers just can’t afford to live outside the Apple ecosystem. That gives the tech giant more freedom to play with pricing as inflation spikes.</p><p><blockquote>顾客根本无法生活在苹果生态系统之外。随着通胀飙升，这家科技巨头在定价方面有了更大的自由度。</blockquote></p><p> The company’s latest M1 chips, which will gradually replace Intel’s CPUs in every single Mac, underscore its commitment to constant innovation.</p><p><blockquote>该公司最新的 M1 芯片将逐步取代英特尔在每台 Mac 中的 CPU，这凸显了其不断创新的承诺。</blockquote></p><p> Apple’s ability to pass rising costs to a global consumer base without significant loss of sales volumes is undeniable.</p><p><blockquote>不可否认，苹果有能力将不断上涨的成本转嫁给全球消费者群体，而不会造成销量的重大损失。</blockquote></p><p> Warren Buffett has allowed Apple to grow to 40% of Berkshire Hathaway’s investments portfolio for good reason: The business just keeps growing profits through all economic cycles.</p><p><blockquote>巴菲特允许苹果在伯克希尔-哈撒韦公司投资组合中的份额增长到 40%，这是有充分理由的： 该公司在所有经济周期中都能保持利润增长。</blockquote></p><p> Apple is up about 13% year to date and trades at nearly $150 per share. But if you’re on the fence about jumping in at the current level, some apps might give you a free share of Apple just for signing up.</p><p><blockquote>苹果今年迄今已上涨约 13%，交易价格接近每股 150 美元。但是，如果你对加入目前的水平持观望态度，有些应用程序可能会因为你注册而免费分享苹果。</blockquote></p><p> <b>Levi Strauss &amp; Co. (LEVI)</b></p><p><blockquote><b>李维斯公司（列维）</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/71b31165e275a966ad050139a054c73a\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>dean bertoncelj/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>迪恩·贝尔通塞尔J/Shutterstock</span></p></blockquote></p><p> A market leader in the denim business, Levi Strauss has been firing on all cylinders of late.</p><p><blockquote>作为牛仔布行业的市场领导者，李维斯最近一直在全力以赴。</blockquote></p><p> Specifically, its well-known brand and a flexible business model have enabled management to grow the top line without sacrificing pricing power.</p><p><blockquote>具体来说，其知名品牌和灵活的商业模式使管理层能够在不牺牲定价权的情况下增长营收。</blockquote></p><p> In the most recent quarter, revenue increased 41% while adjusted gross margin improved 390 basis points to 57.5%.</p><p><blockquote>最近一个季度，收入增长了 41%，调整后毛利率提高了 390 个基点，达到 57.5%。</blockquote></p><p> In fact, management proactively started adjusting its pricing for inflation back in 2020.</p><p><blockquote>事实上，管理层早在2020年就开始根据通货膨胀主动调整定价。</blockquote></p><p> The company also sources raw materials from 24 different countries. And that kind of supply chain diversification provides Levi Strauss with plenty of flexibility during times of crisis.</p><p><blockquote>该公司还从24个不同的国家采购原材料。这种供应链多元化为李维斯在危机时期提供了足够的灵活性。</blockquote></p><p> Levi shares are up more than 30% in 2021.</p><p><blockquote>Levi 股价在 2021 年上涨超过 30%。</blockquote></p><p> <b>The ultimate 'forever asset'?</b></p><p><blockquote><b>终极“永恒资产”？</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5d520eb27cdf18f25a787cd9145eb1b\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>MNStudio/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>MNStudio/Shutterstock</span></p></blockquote></p><p> Warren Buffett once said that his favorite holding period is forever.</p><p><blockquote>沃伦·巴菲特曾经说过，他最喜欢的持有期是永远。</blockquote></p><p> But forever is a long time, and since companies rise and fall, growing your wealth by never selling a share may not be the best strategy.</p><p><blockquote>但永远是一段很长的时间，由于公司会兴衰，通过从不出售股票来增加财富可能不是最佳策略。</blockquote></p><p> But there might be one inflation safe haven that's worth holding forever — U.S. farmland.</p><p><blockquote>但可能有一个值得永远持有的通胀避风港——美国农田。</blockquote></p><p></p><p> No matter how high or fast consumer prices climb, people still need to eat. And it just so happens that Buffett’s good friend Bill Gates is America’s largest private owner of farmland.</p><p><blockquote>无论消费价格上涨多高或多快，人们仍然需要吃饭。而巴菲特的好朋友比尔-盖茨恰好是美国最大的私人农田所有者。</blockquote></p><p> These days, new platforms allow you to invest in U.S. farmland by taking stake in a farm of your choice.</p><p><blockquote>如今，新的平台允许你通过入股你选择的农场来投资美国农田。</blockquote></p><p> You’ll earn cash income from the leasing fees and crop sales. And of course, you’ll benefit from any long-term appreciation on top of that.</p><p><blockquote>您将从租赁费和农作物销售中获得现金收入。当然，除此之外，您还将从任何长期升值中受益。</blockquote></p><p> <i>This article provides information only and should not be construed as advice. It is provided without warranty of any kind.</i></p><p><blockquote><i>本文仅提供信息，不应被解释为建议。它不提供任何形式的担保。</i></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://moneywise.com/investing/stocks/warren-buffett-inflation-stocks\">MoneyWise</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","AAPL":"苹果","INTC":"英特尔","LEVI":"李维斯","NKE":"耐克","BRK.B":"伯克希尔B"},"source_url":"https://moneywise.com/investing/stocks/warren-buffett-inflation-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2180020937","content_text":"Inflation is high. You might as well profit from it.\n\nHigh inflation rates in the country have become a serious concern on Wall Street.\nBut fortunately for everyday investors, Berkshire Hathaway chief Warren Buffett has plenty of experience in navigating such an environment.\nBuffett managed a stock portfolio through periods of double-digit inflation rates in the 1970s and has plenty of advice on what to own when consumer prices spike.\nIn a 1981 letter to Berkshire shareholders, Buffett highlighted two characteristics that make a business well adapted to an inflationary environment: 1) an ability to increase prices easily, and 2) an ability to take on more business without having to spend too much in order to do it.\nIn other words, aim to invest in asset-light businesses with pricing power.\nLet’s take a quick look at three companies that fit that description. One (or all) of them might be worth purchasing with your spare pennies.\nNike (NKE)\nTY Lim/Shutterstock\nNike is a global footwear powerhouse that commands high customer loyalty.\nCustomers are willing to pay top dollar for signature gear associated with high-profile athletes like LeBron James and Michael Jordan.\nDespite inflationary pressures, Nike continues to expand gross margins and post solid returns on equity well above 30%.\nThe company is also capturing the full price of its products in an increasingly digital, direct-to-consumer business model.\nManagement believes digital sales could continue to grow from 20% of revenue currently to about 40% of the business by 2025. And price increases could kick in as early as next year.\nAmazingly, profit margins may keep expanding, even as operating costs rise with inflation.\nNike shares are up about 19% so far in 2021.\nApple (AAPL)\nVytautas Kielaitis/Shutterstock\nGlobal demand for Apple’s premium-priced hardware is growing, as are adoption rates for its high-margin Apple services.\nStrong brand identity, user friendliness, and a wide range of fully integrated products are powerful attributes that aren’t going away any time soon.\nCustomers just can’t afford to live outside the Apple ecosystem. That gives the tech giant more freedom to play with pricing as inflation spikes.\nThe company’s latest M1 chips, which will gradually replace Intel’s CPUs in every single Mac, underscore its commitment to constant innovation.\nApple’s ability to pass rising costs to a global consumer base without significant loss of sales volumes is undeniable.\nWarren Buffett has allowed Apple to grow to 40% of Berkshire Hathaway’s investments portfolio for good reason: The business just keeps growing profits through all economic cycles.\nApple is up about 13% year to date and trades at nearly $150 per share. But if you’re on the fence about jumping in at the current level, some apps might give you a free share of Apple just for signing up.\nLevi Strauss & Co. (LEVI)\ndean bertoncelj/Shutterstock\nA market leader in the denim business, Levi Strauss has been firing on all cylinders of late.\nSpecifically, its well-known brand and a flexible business model have enabled management to grow the top line without sacrificing pricing power.\nIn the most recent quarter, revenue increased 41% while adjusted gross margin improved 390 basis points to 57.5%.\nIn fact, management proactively started adjusting its pricing for inflation back in 2020.\nThe company also sources raw materials from 24 different countries. And that kind of supply chain diversification provides Levi Strauss with plenty of flexibility during times of crisis.\nLevi shares are up more than 30% in 2021.\nThe ultimate 'forever asset'?\nMNStudio/Shutterstock\nWarren Buffett once said that his favorite holding period is forever.\nBut forever is a long time, and since companies rise and fall, growing your wealth by never selling a share may not be the best strategy.\nBut there might be one inflation safe haven that's worth holding forever — U.S. farmland.\nNo matter how high or fast consumer prices climb, people still need to eat. And it just so happens that Buffett’s good friend Bill Gates is America’s largest private owner of farmland.\nThese days, new platforms allow you to invest in U.S. farmland by taking stake in a farm of your choice.\nYou’ll earn cash income from the leasing fees and crop sales. And of course, you’ll benefit from any long-term appreciation on top of that.\nThis article provides information only and should not be construed as advice. It is provided without warranty of any kind.","news_type":1,"symbols_score_info":{"INTC":0.9,"LEVI":0.9,"NKE":0.9,"BRK.A":0.9,"AAPL":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":2546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":878124897,"gmtCreate":1637160995156,"gmtModify":1637162404074,"author":{"id":"4098931937636480","authorId":"4098931937636480","name":"timothy2809","avatar":"https://static.tigerbbs.com/6078d4b5f87c2d8ac744dca8be06d9ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098931937636480","idStr":"4098931937636480"},"themes":[],"title":"","htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/ATVI\">$Activision Blizzard(ATVI)$</a> sigh, i bought it at 78.86 and it fell the very next day. lesson learnt, should have researched more. Should I hold the stock (and hope) for their future plans? [思考] or should i dump?","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/ATVI\">$Activision Blizzard(ATVI)$</a> sigh, i bought it at 78.86 and it fell the very next day. lesson learnt, should have researched more. Should I hold the stock (and hope) for their future plans? [思考] or should i dump?","text":"$Activision Blizzard(ATVI)$ sigh, i bought it at 78.86 and it fell the very next day. lesson learnt, should have researched more. Should I hold the stock (and hope) for their future plans? [思考] or should i dump?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":8,"repostSize":2,"link":"https://laohu8.com/post/878124897","isVote":1,"tweetType":1,"viewCount":3653,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":841903858,"gmtCreate":1635865999139,"gmtModify":1635866489592,"author":{"id":"4098931937636480","authorId":"4098931937636480","name":"timothy2809","avatar":"https://static.tigerbbs.com/6078d4b5f87c2d8ac744dca8be06d9ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098931937636480","idStr":"4098931937636480"},"themes":[],"title":"","htmlText":"Nice! Guess I should buy it","listText":"Nice! Guess I should buy it","text":"Nice! Guess I should buy it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/841903858","repostId":"2180020937","repostType":4,"repost":{"id":"2180020937","kind":"news","pubTimestamp":1635846331,"share":"https://www.laohunote.com/m/news/2180020937?lang=zh_CN&edition=full","pubTime":"2021-11-02 17:45","market":"us","language":"en","title":"Warren Buffett says this is the best type of business to own when inflation spikes — in other words, what you should buy right now<blockquote>沃伦·巴菲特表示，当通货膨胀飙升时，这是最好的企业类型——换句话说，你现在应该买什么</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2180020937","media":"MoneyWise","summary":"Inflation is high. You might as well profit from it.High inflation rates in the country have become a serious concern on Wall Street.But fortunately for everyday investors, Berkshire Hathaway chief Warren Buffett has plenty of experience in navigating such an environment.Buffett managed a stock portfolio through periods of double-digit inflation rates in the 1970s and has plenty of advice on what to own when consumer prices spike.In a 1981 letter to Berkshire shareholders, Buffett highlighted tw","content":"<p>Inflation is high. You might as well profit from it.</p><p><blockquote>通货膨胀很高。你还不如从中获利。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/143c38befb27f09743294aafaffbe94a\" tg-width=\"1800\" tg-height=\"800\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> High inflation rates in the country have become a serious concern on Wall Street.</p><p><blockquote>该国的高通胀率已成为华尔街的一个严重担忧。</blockquote></p><p> But fortunately for everyday investors, Berkshire Hathaway chief Warren Buffett has plenty of experience in navigating such an environment.</p><p><blockquote>但对于普通投资者来说幸运的是，伯克希尔·哈撒韦公司首席执行官沃伦·巴菲特在应对这种环境方面拥有丰富的经验。</blockquote></p><p> Buffett managed a stock portfolio through periods of double-digit inflation rates in the 1970s and has plenty of advice on what to own when consumer prices spike.</p><p><blockquote>巴菲特在 20 世纪 70 年代两位数通货膨胀率时期管理着股票投资组合，并且对于消费者价格飙升时应该持有什么有很多建议。</blockquote></p><p> In a 1981 letter to Berkshire shareholders, Buffett highlighted two characteristics that make a business well adapted to an inflationary environment: 1) an ability to increase prices easily, and 2) an ability to take on more business without having to spend too much in order to do it.</p><p><blockquote>在 1981 年写给伯克希尔股东的一封信中，巴菲特强调了使企业能够很好地适应通货膨胀环境的两个特征：1）轻松提高价格的能力，以及 2）承接更多业务的能力，而不必花太多钱才能做到这一点。</blockquote></p><p> In other words, aim to invest in asset-light businesses with pricing power.</p><p><blockquote>换句话说，目标是投资具有定价权的轻资产业务。</blockquote></p><p> Let’s take a quick look at three companies that fit that description. One (or all) of them might be worth purchasing with your spare pennies.</p><p><blockquote>让我们快速了解一下符合这一描述的三家公司。其中一个（或全部）可能值得用你的闲钱购买。</blockquote></p><p> <b>Nike (NKE)</b></p><p><blockquote><b>耐克（NKE）</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a24fd7cb9b4e01313c7bb848af6da9d\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>TY Lim/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>泰·林/Shutterstock</span></p></blockquote></p><p> Nike is a global footwear powerhouse that commands high customer loyalty.</p><p><blockquote>耐克是全球鞋类巨头，拥有很高的客户忠诚度。</blockquote></p><p> Customers are willing to pay top dollar for signature gear associated with high-profile athletes like LeBron James and Michael Jordan.</p><p><blockquote>顾客愿意为勒布朗·詹姆斯和迈克尔·乔丹等知名运动员的标志性装备支付高价。</blockquote></p><p> Despite inflationary pressures, Nike continues to expand gross margins and post solid returns on equity well above 30%.</p><p><blockquote>尽管面临通胀压力，耐克仍继续扩大毛利率，并实现了远高于 30% 的稳健股本回报率。</blockquote></p><p> The company is also capturing the full price of its products in an increasingly digital, direct-to-consumer business model.</p><p><blockquote>该公司还在日益数字化、直接面向消费者的商业模式中捕捉其产品的全部价格。</blockquote></p><p> Management believes digital sales could continue to grow from 20% of revenue currently to about 40% of the business by 2025. And price increases could kick in as early as next year.</p><p><blockquote>管理层认为，到2025年，数字销售可能会继续从目前占收入的20%增长到约40%。价格上涨最早可能在明年开始。</blockquote></p><p> Amazingly, profit margins may keep expanding, even as operating costs rise with inflation.</p><p><blockquote>令人惊讶的是，即使运营成本随着通货膨胀而上升，利润率也可能继续扩大。</blockquote></p><p> Nike shares are up about 19% so far in 2021.</p><p><blockquote>2021 年迄今为止，耐克股价上涨了约 19%。</blockquote></p><p> <b>Apple (AAPL)</b></p><p><blockquote><b>苹果（AAPL）</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b22460a66469a2da0380edd32d454c84\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>Vytautas Kielaitis/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>维陶塔斯·基莱蒂斯/Shutterstock</span></p></blockquote></p><p> Global demand for Apple’s premium-priced hardware is growing, as are adoption rates for its high-margin Apple services.</p><p><blockquote>全球对苹果高价硬件的需求正在增长，其高利润苹果服务的采用率也在增长。</blockquote></p><p> Strong brand identity, user friendliness, and a wide range of fully integrated products are powerful attributes that aren’t going away any time soon.</p><p><blockquote>强大的品牌形象、用户友好性和各种完全集成的产品都是不会很快消失的强大属性。</blockquote></p><p> Customers just can’t afford to live outside the Apple ecosystem. That gives the tech giant more freedom to play with pricing as inflation spikes.</p><p><blockquote>顾客根本无法生活在苹果生态系统之外。随着通胀飙升，这家科技巨头在定价方面有了更大的自由度。</blockquote></p><p> The company’s latest M1 chips, which will gradually replace Intel’s CPUs in every single Mac, underscore its commitment to constant innovation.</p><p><blockquote>该公司最新的 M1 芯片将逐步取代英特尔在每台 Mac 中的 CPU，这凸显了其不断创新的承诺。</blockquote></p><p> Apple’s ability to pass rising costs to a global consumer base without significant loss of sales volumes is undeniable.</p><p><blockquote>不可否认，苹果有能力将不断上涨的成本转嫁给全球消费者群体，而不会造成销量的重大损失。</blockquote></p><p> Warren Buffett has allowed Apple to grow to 40% of Berkshire Hathaway’s investments portfolio for good reason: The business just keeps growing profits through all economic cycles.</p><p><blockquote>巴菲特允许苹果在伯克希尔-哈撒韦公司投资组合中的份额增长到 40%，这是有充分理由的： 该公司在所有经济周期中都能保持利润增长。</blockquote></p><p> Apple is up about 13% year to date and trades at nearly $150 per share. But if you’re on the fence about jumping in at the current level, some apps might give you a free share of Apple just for signing up.</p><p><blockquote>苹果今年迄今已上涨约 13%，交易价格接近每股 150 美元。但是，如果你对加入目前的水平持观望态度，有些应用程序可能会因为你注册而免费分享苹果。</blockquote></p><p> <b>Levi Strauss &amp; Co. (LEVI)</b></p><p><blockquote><b>李维斯公司（列维）</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/71b31165e275a966ad050139a054c73a\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>dean bertoncelj/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>迪恩·贝尔通塞尔J/Shutterstock</span></p></blockquote></p><p> A market leader in the denim business, Levi Strauss has been firing on all cylinders of late.</p><p><blockquote>作为牛仔布行业的市场领导者，李维斯最近一直在全力以赴。</blockquote></p><p> Specifically, its well-known brand and a flexible business model have enabled management to grow the top line without sacrificing pricing power.</p><p><blockquote>具体来说，其知名品牌和灵活的商业模式使管理层能够在不牺牲定价权的情况下增长营收。</blockquote></p><p> In the most recent quarter, revenue increased 41% while adjusted gross margin improved 390 basis points to 57.5%.</p><p><blockquote>最近一个季度，收入增长了 41%，调整后毛利率提高了 390 个基点，达到 57.5%。</blockquote></p><p> In fact, management proactively started adjusting its pricing for inflation back in 2020.</p><p><blockquote>事实上，管理层早在2020年就开始根据通货膨胀主动调整定价。</blockquote></p><p> The company also sources raw materials from 24 different countries. And that kind of supply chain diversification provides Levi Strauss with plenty of flexibility during times of crisis.</p><p><blockquote>该公司还从24个不同的国家采购原材料。这种供应链多元化为李维斯在危机时期提供了足够的灵活性。</blockquote></p><p> Levi shares are up more than 30% in 2021.</p><p><blockquote>Levi 股价在 2021 年上涨超过 30%。</blockquote></p><p> <b>The ultimate 'forever asset'?</b></p><p><blockquote><b>终极“永恒资产”？</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5d520eb27cdf18f25a787cd9145eb1b\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>MNStudio/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>MNStudio/Shutterstock</span></p></blockquote></p><p> Warren Buffett once said that his favorite holding period is forever.</p><p><blockquote>沃伦·巴菲特曾经说过，他最喜欢的持有期是永远。</blockquote></p><p> But forever is a long time, and since companies rise and fall, growing your wealth by never selling a share may not be the best strategy.</p><p><blockquote>但永远是一段很长的时间，由于公司会兴衰，通过从不出售股票来增加财富可能不是最佳策略。</blockquote></p><p> But there might be one inflation safe haven that's worth holding forever — U.S. farmland.</p><p><blockquote>但可能有一个值得永远持有的通胀避风港——美国农田。</blockquote></p><p></p><p> No matter how high or fast consumer prices climb, people still need to eat. And it just so happens that Buffett’s good friend Bill Gates is America’s largest private owner of farmland.</p><p><blockquote>无论消费价格上涨多高或多快，人们仍然需要吃饭。而巴菲特的好朋友比尔-盖茨恰好是美国最大的私人农田所有者。</blockquote></p><p> These days, new platforms allow you to invest in U.S. farmland by taking stake in a farm of your choice.</p><p><blockquote>如今，新的平台允许你通过入股你选择的农场来投资美国农田。</blockquote></p><p> You’ll earn cash income from the leasing fees and crop sales. And of course, you’ll benefit from any long-term appreciation on top of that.</p><p><blockquote>您将从租赁费和农作物销售中获得现金收入。当然，除此之外，您还将从任何长期升值中受益。</blockquote></p><p> <i>This article provides information only and should not be construed as advice. It is provided without warranty of any kind.</i></p><p><blockquote><i>本文仅提供信息，不应被解释为建议。它不提供任何形式的担保。</i></blockquote></p><p></p>","source":"lsy1621813427262","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett says this is the best type of business to own when inflation spikes — in other words, what you should buy right now<blockquote>沃伦·巴菲特表示，当通货膨胀飙升时，这是最好的企业类型——换句话说，你现在应该买什么</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett says this is the best type of business to own when inflation spikes — in other words, what you should buy right now<blockquote>沃伦·巴菲特表示，当通货膨胀飙升时，这是最好的企业类型——换句话说，你现在应该买什么</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">MoneyWise</strong><span class=\"h-time small\">2021-11-02 17:45</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Inflation is high. You might as well profit from it.</p><p><blockquote>通货膨胀很高。你还不如从中获利。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/143c38befb27f09743294aafaffbe94a\" tg-width=\"1800\" tg-height=\"800\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p><blockquote></blockquote></p><p> High inflation rates in the country have become a serious concern on Wall Street.</p><p><blockquote>该国的高通胀率已成为华尔街的一个严重担忧。</blockquote></p><p> But fortunately for everyday investors, Berkshire Hathaway chief Warren Buffett has plenty of experience in navigating such an environment.</p><p><blockquote>但对于普通投资者来说幸运的是，伯克希尔·哈撒韦公司首席执行官沃伦·巴菲特在应对这种环境方面拥有丰富的经验。</blockquote></p><p> Buffett managed a stock portfolio through periods of double-digit inflation rates in the 1970s and has plenty of advice on what to own when consumer prices spike.</p><p><blockquote>巴菲特在 20 世纪 70 年代两位数通货膨胀率时期管理着股票投资组合，并且对于消费者价格飙升时应该持有什么有很多建议。</blockquote></p><p> In a 1981 letter to Berkshire shareholders, Buffett highlighted two characteristics that make a business well adapted to an inflationary environment: 1) an ability to increase prices easily, and 2) an ability to take on more business without having to spend too much in order to do it.</p><p><blockquote>在 1981 年写给伯克希尔股东的一封信中，巴菲特强调了使企业能够很好地适应通货膨胀环境的两个特征：1）轻松提高价格的能力，以及 2）承接更多业务的能力，而不必花太多钱才能做到这一点。</blockquote></p><p> In other words, aim to invest in asset-light businesses with pricing power.</p><p><blockquote>换句话说，目标是投资具有定价权的轻资产业务。</blockquote></p><p> Let’s take a quick look at three companies that fit that description. One (or all) of them might be worth purchasing with your spare pennies.</p><p><blockquote>让我们快速了解一下符合这一描述的三家公司。其中一个（或全部）可能值得用你的闲钱购买。</blockquote></p><p> <b>Nike (NKE)</b></p><p><blockquote><b>耐克（NKE）</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a24fd7cb9b4e01313c7bb848af6da9d\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>TY Lim/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>泰·林/Shutterstock</span></p></blockquote></p><p> Nike is a global footwear powerhouse that commands high customer loyalty.</p><p><blockquote>耐克是全球鞋类巨头，拥有很高的客户忠诚度。</blockquote></p><p> Customers are willing to pay top dollar for signature gear associated with high-profile athletes like LeBron James and Michael Jordan.</p><p><blockquote>顾客愿意为勒布朗·詹姆斯和迈克尔·乔丹等知名运动员的标志性装备支付高价。</blockquote></p><p> Despite inflationary pressures, Nike continues to expand gross margins and post solid returns on equity well above 30%.</p><p><blockquote>尽管面临通胀压力，耐克仍继续扩大毛利率，并实现了远高于 30% 的稳健股本回报率。</blockquote></p><p> The company is also capturing the full price of its products in an increasingly digital, direct-to-consumer business model.</p><p><blockquote>该公司还在日益数字化、直接面向消费者的商业模式中捕捉其产品的全部价格。</blockquote></p><p> Management believes digital sales could continue to grow from 20% of revenue currently to about 40% of the business by 2025. And price increases could kick in as early as next year.</p><p><blockquote>管理层认为，到2025年，数字销售可能会继续从目前占收入的20%增长到约40%。价格上涨最早可能在明年开始。</blockquote></p><p> Amazingly, profit margins may keep expanding, even as operating costs rise with inflation.</p><p><blockquote>令人惊讶的是，即使运营成本随着通货膨胀而上升，利润率也可能继续扩大。</blockquote></p><p> Nike shares are up about 19% so far in 2021.</p><p><blockquote>2021 年迄今为止，耐克股价上涨了约 19%。</blockquote></p><p> <b>Apple (AAPL)</b></p><p><blockquote><b>苹果（AAPL）</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b22460a66469a2da0380edd32d454c84\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>Vytautas Kielaitis/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>维陶塔斯·基莱蒂斯/Shutterstock</span></p></blockquote></p><p> Global demand for Apple’s premium-priced hardware is growing, as are adoption rates for its high-margin Apple services.</p><p><blockquote>全球对苹果高价硬件的需求正在增长，其高利润苹果服务的采用率也在增长。</blockquote></p><p> Strong brand identity, user friendliness, and a wide range of fully integrated products are powerful attributes that aren’t going away any time soon.</p><p><blockquote>强大的品牌形象、用户友好性和各种完全集成的产品都是不会很快消失的强大属性。</blockquote></p><p> Customers just can’t afford to live outside the Apple ecosystem. That gives the tech giant more freedom to play with pricing as inflation spikes.</p><p><blockquote>顾客根本无法生活在苹果生态系统之外。随着通胀飙升，这家科技巨头在定价方面有了更大的自由度。</blockquote></p><p> The company’s latest M1 chips, which will gradually replace Intel’s CPUs in every single Mac, underscore its commitment to constant innovation.</p><p><blockquote>该公司最新的 M1 芯片将逐步取代英特尔在每台 Mac 中的 CPU，这凸显了其不断创新的承诺。</blockquote></p><p> Apple’s ability to pass rising costs to a global consumer base without significant loss of sales volumes is undeniable.</p><p><blockquote>不可否认，苹果有能力将不断上涨的成本转嫁给全球消费者群体，而不会造成销量的重大损失。</blockquote></p><p> Warren Buffett has allowed Apple to grow to 40% of Berkshire Hathaway’s investments portfolio for good reason: The business just keeps growing profits through all economic cycles.</p><p><blockquote>巴菲特允许苹果在伯克希尔-哈撒韦公司投资组合中的份额增长到 40%，这是有充分理由的： 该公司在所有经济周期中都能保持利润增长。</blockquote></p><p> Apple is up about 13% year to date and trades at nearly $150 per share. But if you’re on the fence about jumping in at the current level, some apps might give you a free share of Apple just for signing up.</p><p><blockquote>苹果今年迄今已上涨约 13%，交易价格接近每股 150 美元。但是，如果你对加入目前的水平持观望态度，有些应用程序可能会因为你注册而免费分享苹果。</blockquote></p><p> <b>Levi Strauss &amp; Co. (LEVI)</b></p><p><blockquote><b>李维斯公司（列维）</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/71b31165e275a966ad050139a054c73a\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>dean bertoncelj/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>迪恩·贝尔通塞尔J/Shutterstock</span></p></blockquote></p><p> A market leader in the denim business, Levi Strauss has been firing on all cylinders of late.</p><p><blockquote>作为牛仔布行业的市场领导者，李维斯最近一直在全力以赴。</blockquote></p><p> Specifically, its well-known brand and a flexible business model have enabled management to grow the top line without sacrificing pricing power.</p><p><blockquote>具体来说，其知名品牌和灵活的商业模式使管理层能够在不牺牲定价权的情况下增长营收。</blockquote></p><p> In the most recent quarter, revenue increased 41% while adjusted gross margin improved 390 basis points to 57.5%.</p><p><blockquote>最近一个季度，收入增长了 41%，调整后毛利率提高了 390 个基点，达到 57.5%。</blockquote></p><p> In fact, management proactively started adjusting its pricing for inflation back in 2020.</p><p><blockquote>事实上，管理层早在2020年就开始根据通货膨胀主动调整定价。</blockquote></p><p> The company also sources raw materials from 24 different countries. And that kind of supply chain diversification provides Levi Strauss with plenty of flexibility during times of crisis.</p><p><blockquote>该公司还从24个不同的国家采购原材料。这种供应链多元化为李维斯在危机时期提供了足够的灵活性。</blockquote></p><p> Levi shares are up more than 30% in 2021.</p><p><blockquote>Levi 股价在 2021 年上涨超过 30%。</blockquote></p><p> <b>The ultimate 'forever asset'?</b></p><p><blockquote><b>终极“永恒资产”？</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5d520eb27cdf18f25a787cd9145eb1b\" tg-width=\"1200\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>MNStudio/Shutterstock</span></p><p><blockquote><p class=\"t-img-caption\"><span>MNStudio/Shutterstock</span></p></blockquote></p><p> Warren Buffett once said that his favorite holding period is forever.</p><p><blockquote>沃伦·巴菲特曾经说过，他最喜欢的持有期是永远。</blockquote></p><p> But forever is a long time, and since companies rise and fall, growing your wealth by never selling a share may not be the best strategy.</p><p><blockquote>但永远是一段很长的时间，由于公司会兴衰，通过从不出售股票来增加财富可能不是最佳策略。</blockquote></p><p> But there might be one inflation safe haven that's worth holding forever — U.S. farmland.</p><p><blockquote>但可能有一个值得永远持有的通胀避风港——美国农田。</blockquote></p><p></p><p> No matter how high or fast consumer prices climb, people still need to eat. And it just so happens that Buffett’s good friend Bill Gates is America’s largest private owner of farmland.</p><p><blockquote>无论消费价格上涨多高或多快，人们仍然需要吃饭。而巴菲特的好朋友比尔-盖茨恰好是美国最大的私人农田所有者。</blockquote></p><p> These days, new platforms allow you to invest in U.S. farmland by taking stake in a farm of your choice.</p><p><blockquote>如今，新的平台允许你通过入股你选择的农场来投资美国农田。</blockquote></p><p> You’ll earn cash income from the leasing fees and crop sales. And of course, you’ll benefit from any long-term appreciation on top of that.</p><p><blockquote>您将从租赁费和农作物销售中获得现金收入。当然，除此之外，您还将从任何长期升值中受益。</blockquote></p><p> <i>This article provides information only and should not be construed as advice. It is provided without warranty of any kind.</i></p><p><blockquote><i>本文仅提供信息，不应被解释为建议。它不提供任何形式的担保。</i></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://moneywise.com/investing/stocks/warren-buffett-inflation-stocks\">MoneyWise</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","AAPL":"苹果","INTC":"英特尔","LEVI":"李维斯","NKE":"耐克","BRK.B":"伯克希尔B"},"source_url":"https://moneywise.com/investing/stocks/warren-buffett-inflation-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2180020937","content_text":"Inflation is high. You might as well profit from it.\n\nHigh inflation rates in the country have become a serious concern on Wall Street.\nBut fortunately for everyday investors, Berkshire Hathaway chief Warren Buffett has plenty of experience in navigating such an environment.\nBuffett managed a stock portfolio through periods of double-digit inflation rates in the 1970s and has plenty of advice on what to own when consumer prices spike.\nIn a 1981 letter to Berkshire shareholders, Buffett highlighted two characteristics that make a business well adapted to an inflationary environment: 1) an ability to increase prices easily, and 2) an ability to take on more business without having to spend too much in order to do it.\nIn other words, aim to invest in asset-light businesses with pricing power.\nLet’s take a quick look at three companies that fit that description. One (or all) of them might be worth purchasing with your spare pennies.\nNike (NKE)\nTY Lim/Shutterstock\nNike is a global footwear powerhouse that commands high customer loyalty.\nCustomers are willing to pay top dollar for signature gear associated with high-profile athletes like LeBron James and Michael Jordan.\nDespite inflationary pressures, Nike continues to expand gross margins and post solid returns on equity well above 30%.\nThe company is also capturing the full price of its products in an increasingly digital, direct-to-consumer business model.\nManagement believes digital sales could continue to grow from 20% of revenue currently to about 40% of the business by 2025. And price increases could kick in as early as next year.\nAmazingly, profit margins may keep expanding, even as operating costs rise with inflation.\nNike shares are up about 19% so far in 2021.\nApple (AAPL)\nVytautas Kielaitis/Shutterstock\nGlobal demand for Apple’s premium-priced hardware is growing, as are adoption rates for its high-margin Apple services.\nStrong brand identity, user friendliness, and a wide range of fully integrated products are powerful attributes that aren’t going away any time soon.\nCustomers just can’t afford to live outside the Apple ecosystem. That gives the tech giant more freedom to play with pricing as inflation spikes.\nThe company’s latest M1 chips, which will gradually replace Intel’s CPUs in every single Mac, underscore its commitment to constant innovation.\nApple’s ability to pass rising costs to a global consumer base without significant loss of sales volumes is undeniable.\nWarren Buffett has allowed Apple to grow to 40% of Berkshire Hathaway’s investments portfolio for good reason: The business just keeps growing profits through all economic cycles.\nApple is up about 13% year to date and trades at nearly $150 per share. But if you’re on the fence about jumping in at the current level, some apps might give you a free share of Apple just for signing up.\nLevi Strauss & Co. (LEVI)\ndean bertoncelj/Shutterstock\nA market leader in the denim business, Levi Strauss has been firing on all cylinders of late.\nSpecifically, its well-known brand and a flexible business model have enabled management to grow the top line without sacrificing pricing power.\nIn the most recent quarter, revenue increased 41% while adjusted gross margin improved 390 basis points to 57.5%.\nIn fact, management proactively started adjusting its pricing for inflation back in 2020.\nThe company also sources raw materials from 24 different countries. And that kind of supply chain diversification provides Levi Strauss with plenty of flexibility during times of crisis.\nLevi shares are up more than 30% in 2021.\nThe ultimate 'forever asset'?\nMNStudio/Shutterstock\nWarren Buffett once said that his favorite holding period is forever.\nBut forever is a long time, and since companies rise and fall, growing your wealth by never selling a share may not be the best strategy.\nBut there might be one inflation safe haven that's worth holding forever — U.S. farmland.\nNo matter how high or fast consumer prices climb, people still need to eat. And it just so happens that Buffett’s good friend Bill Gates is America’s largest private owner of farmland.\nThese days, new platforms allow you to invest in U.S. farmland by taking stake in a farm of your choice.\nYou’ll earn cash income from the leasing fees and crop sales. And of course, you’ll benefit from any long-term appreciation on top of that.\nThis article provides information only and should not be construed as advice. It is provided without warranty of any kind.","news_type":1,"symbols_score_info":{"INTC":0.9,"LEVI":0.9,"NKE":0.9,"BRK.A":0.9,"AAPL":0.9,"BRK.B":0.9}},"isVote":1,"tweetType":1,"viewCount":2546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876330658,"gmtCreate":1637258538470,"gmtModify":1637258538587,"author":{"id":"4098931937636480","authorId":"4098931937636480","name":"timothy2809","avatar":"https://static.tigerbbs.com/6078d4b5f87c2d8ac744dca8be06d9ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098931937636480","idStr":"4098931937636480"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/ATVI\">$Activision Blizzard(ATVI)$</a>gonna hold for the long term.&nbsp;","listText":"<a href=\"https://laohu8.com/S/ATVI\">$Activision Blizzard(ATVI)$</a>gonna hold for the long term.&nbsp;","text":"$Activision Blizzard(ATVI)$gonna hold for the long term.","images":[{"img":"https://static.tigerbbs.com/a4e3e57e939976716eb5aaf7101f815f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876330658","isVote":1,"tweetType":1,"viewCount":3996,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":842203541,"gmtCreate":1636176458896,"gmtModify":1636176991063,"author":{"id":"4098931937636480","authorId":"4098931937636480","name":"timothy2809","avatar":"https://static.tigerbbs.com/6078d4b5f87c2d8ac744dca8be06d9ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098931937636480","idStr":"4098931937636480"},"themes":[],"title":"","htmlText":"Satisfied!&nbsp;","listText":"Satisfied!&nbsp;","text":"Satisfied!","images":[{"img":"https://static.tigerbbs.com/85374acd528053eb6d80b52abfbb554e","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842203541","isVote":1,"tweetType":1,"viewCount":2071,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":846679669,"gmtCreate":1636081501374,"gmtModify":1636081501477,"author":{"id":"4098931937636480","authorId":"4098931937636480","name":"timothy2809","avatar":"https://static.tigerbbs.com/6078d4b5f87c2d8ac744dca8be06d9ce","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4098931937636480","idStr":"4098931937636480"},"themes":[],"title":"","htmlText":"literally 1 day after buying, it fell. how unlucky.","listText":"literally 1 day after buying, it fell. how unlucky.","text":"literally 1 day after buying, it fell. how unlucky.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846679669","repostId":"1176588625","repostType":2,"repost":{"id":"1176588625","kind":"news","pubTimestamp":1636010158,"share":"https://www.laohunote.com/m/news/1176588625?lang=zh_CN&edition=full","pubTime":"2021-11-04 15:15","market":"us","language":"en","title":"Activision Blizzard Stock Had Its Worst Day Since 2008. Game Delays Caught Wall Street Off Guard.<blockquote>动视暴雪股价经历了 2008 年以来最糟糕的一天。游戏延迟让华尔街措手不及。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1176588625","media":"Barrons","summary":"Activision Blizzard stock had its worst day since November 2008 on Wednesday as Wall Street tempered","content":"<p>Activision Blizzard&nbsp;stock had its worst day since November 2008 on Wednesday as Wall Street tempered expectations for the coming quarters. Delays for games <i>Overwatch 2</i> and <i>Diablo IV</i> caught Wall Street off guard.</p><p><blockquote>周三，由于华尔街降低了对未来几个季度的预期，动视暴雪股价遭遇了自 2008 年 11 月以来最糟糕的一天。游戏延迟<i>守望先锋2</i>和<i>暗黑破坏神IV</i>让华尔街措手不及。</blockquote></p><p> The company (ticker: ATVI) joined a swath of videogame firms that have pushed back the release of key titles amid the pandemic. Activision Blizzard said it’s not planning for material contributions from <i>Diablo IV</i> and <i>Overwatch 2</i> in 2022.</p><p><blockquote>该公司（股票代码：ATVI）加入了一系列视频游戏公司的行列，这些公司在疫情期间推迟了关键游戏的发行。动视暴雪表示，不打算接受来自<i>暗黑破坏神IV</i>和<i>守望先锋2</i>2022年。</blockquote></p><p> Shares of the videogame firm fell about 14%, to $66.75, on Wednesday, the stock’s worst single-day percentage drop since it fell 15.6% on Nov. 14, 2008, according to Dow Jones Market Data. The&nbsp;S&amp;P 500&nbsp;rose 0.6%, and the&nbsp;Nasdaq&nbsp;rose 1% on Wednesday.</p><p><blockquote>根据道琼斯市场数据，这家视频游戏公司的股价周三下跌约 14%，至 66.75 美元，这是该股自 2008 年 11 月 14 日下跌 15.6% 以来的最大单日百分比跌幅。标普500周三上涨0.6%，纳斯达克上涨1%。</blockquote></p><p> Baird analyst Colin Sebastian titled his Wednesday note “Q3 Recap: Should Have Known Better.”</p><p><blockquote>贝尔德分析师科林-塞巴斯蒂安（Colin Sebastian）在周三的报告中题为 “第三季度回顾： 本应更清楚”。</blockquote></p><p> “While shares will trade lower embedding the push-out of revenues and earnings, compounding already frayed management credibility, we’d remind investors that it’s not unusual for Blizzard to delay new releases, and that other competing console/PC titles were pushed out at least a year, reflecting work-from-home issues,” Sebastian wrote.</p><p><blockquote>“塞巴斯蒂安写道：”虽然由于收入和盈利的挤出，暴雪的股价将会走低，这加剧了本已受损的管理层信誉，但我们要提醒投资者，暴雪推迟新发售并不罕见，其他竞争的游戏机/个人电脑游戏也至少推迟了一年，这反映出在家工作的问题。</blockquote></p><p> For Activision Blizzard, Sebastian notes that the company is also experiencing internal disruptions following months of headlines and complaints from employees about the firm’s workplace culture.</p><p><blockquote>对于动视暴雪，塞巴斯蒂安指出，在几个月来头条新闻和员工对公司工作场所文化的抱怨之后，该公司也在经历内部混乱。</blockquote></p><p> Executives said during the company’s earnings call that Jen Oneal, who became Blizzard’s co-leader in August along with Mike Ybarra, plans to depart at the end of the year. The company cited leadership changes when discussing the delays.</p><p><blockquote>高管们在公司财报看涨期权上表示，今年 8 月与 Mike Ybarra 一起成为暴雪联席领导人的 Jen Oneal 计划在年底离职。该公司在讨论延误时提到了领导层的变动。</blockquote></p><p> Activision Blizzard is responding to employee concerns that were brought to investors’ attention when the California Department of Fair Employment and Housing filed&nbsp;a civil lawsuit in July. The agency alleged that the company “fostered a pervasive ‘frat boy’ workplace culture.” The firm also disclosed that the Securities and Exchange Commission was looking into disclosures related to workplace issues.</p><p><blockquote>动视暴雪正在回应加州公平就业和住房部在 7 月份提起民事诉讼时引起投资者注意的员工担忧。该机构称，该公司 “助长了一种无处不在的'兄弟会'职场文化”。该公司还透露，美国证券交易委员会正在调查与工作场所问题相关的披露。</blockquote></p><p> Following an employee walkout, CEO Bobby Kotick recently said he’d cut his salary to the minimum allowed under California law. He also pledged that the company would take actions like investing $250 million toward opportunities for people from under-represented groups and increasing the percentage of women and non-binary people in its workforce by 50% within the next five years.</p><p><blockquote>在员工罢工后，首席执行官鲍比-科蒂克（Bobby Kotick）最近表示，他将把自己的工资降至加州法律允许的最低工资。他还承诺，公司将采取行动，如投资2.5亿美元，为来自代表性不足的群体的人创造机会，并在未来五年内将员工中女性和非二元性别者的比例提高50%。</blockquote></p><p> “Activision Blizzard is currently under investigation regarding accusations of workplace harassment,” Sebastian wrote, when discussing environmental, social, and governance considerations for the stock. “Clearly this will cast a shadow on the company’s social and governance efforts at least for the nearterm.”</p><p><blockquote>“塞巴斯蒂安在讨论动视暴雪的环境、社会和治理考虑因素时写道：”动视暴雪目前正因涉嫌工作场所骚扰而接受调查。“显然，至少在短期内，这将对公司的社会和治理工作蒙上阴影”。</blockquote></p><p> MKM Partners analyst Eric Handler cut his rating to Neutral from Buy and his price target to $75 from $108 in a note on Wednesday. He pointed to the delays, ongoing personnel turnover, and his belief that not all the bad news is out of the way.</p><p><blockquote>MKM Partners 分析师 Eric Handler 在周三的一份报告中将评级从买入下调至中性，并将目标价从 108 美元下调至 75 美元。他指出了延误、持续的人员流动，以及他相信并非所有坏消息都已消除。</blockquote></p><p> “With increased uncertainty towards the every-other-year release of a [World of Warcraft] Modern expansion pack and for the various mobile titles currently in development, the 2022 projected growth curve has substantially flattened from our prior view,” Handler wrote.</p><p><blockquote>“汉德勒写道：”随着每隔一年发布的[魔兽世界]现代资料片以及目前正在开发的各种手机游戏的不确定性增加，2022 年的预计增长曲线与我们之前的观点相比已经大大趋平。</blockquote></p><p> Wedbush analyst Michael Pachter, who cut his price target to $98 from $125 but maintained an Outperform rating, noted that he suspected <i>Overwatch 2</i> could slip into 2023 when the game’s previous director Jeff Kaplan left the company in April.</p><p><blockquote>Wedbush 分析师 Michael Pachter 将目标价从 125 美元下调至 98 美元，但维持跑赢大盘评级，他指出，他怀疑<i>守望先锋2</i>该游戏的前任总监杰夫-卡普兰（Jeff Kaplan）在今年 4 月离开公司时，可能会滑到 2023 年。</blockquote></p><p> The analyst added that for the sequel, players will compete on teams of five, rather than the six in the current <i>Overwatch</i> game—a change that necessitated an overhaul of how the game is played. Still, comments from developers about the game’s progress as recently as two months ago seemingly signaled to Pachter that the game was on track for a 2022 release.</p><p><blockquote>这位分析师补充说，在续作中，玩家将以五人一组进行比赛，而不是目前的六人一组<i>守望先锋</i>游戏——一个需要彻底改变游戏玩法的变化。不过，就在两个月前，开发者对游戏进展的评论似乎向 Pachter 发出信号，表明游戏有望在 2022 年发布。</blockquote></p><p> “We think that Activision’s multi -channel distribution strategy for its games (premium, mobile, free-to-play and ongoing in-game monetization for premium) will ultimately pay large dividends, but the stock price suggests that investors have tired of waiting,” Pachter wrote.</p><p><blockquote>“帕切特写道：”我们认为，动视游戏的多渠道发行战略（高级游戏、移动游戏、免费游戏和高级游戏持续的游戏内货币化）最终将带来丰厚的红利，但股价表明投资者已经厌倦了等待。</blockquote></p><p> Oppenheimer analyst Martin Yang cut his target to $85 from $100, noting that game delays are among the least challenging issues the company will face in the next year. He points to a leadership vacuum and concerns about talent retention.</p><p><blockquote>奥本海默分析师马丁·杨将目标价从 100 美元下调至 85 美元，并指出游戏延迟是该公司明年将面临的最具挑战性的问题之一。他指出了领导真空和对人才保留的担忧。</blockquote></p><p> “We believe Blizzard faces the long-term challenges of repairing its brand and attracting new talent, at a time when demand for talent is greater than ever, and funding/infrastructure supporting experienced developers/artists to start their own studios is abundant,” Yang wrote.</p><p><blockquote>“我们认为，暴雪面临着修复品牌和吸引新人才的长期挑战，而此时对人才的需求比以往任何时候都大，支持经验丰富的开发者/艺术家创办自己的工作室的资金/基础设施也很充足，”杨写道。</blockquote></p><p> In the meantime, Yang says investors still have a company with a strong balance sheet and cash flows, and the durable strength of its <i>Call of Duty</i> franchise and its King mobile games segment.</p><p><blockquote>与此同时，杨表示，投资者仍然拥有一家拥有强劲资产负债表和现金流的公司，以及其持久实力<i>值班看涨期权</i>特许经营及其国王手机游戏部门。</blockquote></p><p></p><p> “While Blizzard has major challenges ahead, it is not a lost cause,” Yang wrote.</p><p><blockquote>“虽然暴雪未来面临着重大挑战，但这并不是一个失败的事业，”杨写道。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Activision Blizzard Stock Had Its Worst Day Since 2008. Game Delays Caught Wall Street Off Guard.<blockquote>动视暴雪股价经历了 2008 年以来最糟糕的一天。游戏延迟让华尔街措手不及。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nActivision Blizzard Stock Had Its Worst Day Since 2008. Game Delays Caught Wall Street Off Guard.<blockquote>动视暴雪股价经历了 2008 年以来最糟糕的一天。游戏延迟让华尔街措手不及。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-11-04 15:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Activision Blizzard&nbsp;stock had its worst day since November 2008 on Wednesday as Wall Street tempered expectations for the coming quarters. Delays for games <i>Overwatch 2</i> and <i>Diablo IV</i> caught Wall Street off guard.</p><p><blockquote>周三，由于华尔街降低了对未来几个季度的预期，动视暴雪股价遭遇了自 2008 年 11 月以来最糟糕的一天。游戏延迟<i>守望先锋2</i>和<i>暗黑破坏神IV</i>让华尔街措手不及。</blockquote></p><p> The company (ticker: ATVI) joined a swath of videogame firms that have pushed back the release of key titles amid the pandemic. Activision Blizzard said it’s not planning for material contributions from <i>Diablo IV</i> and <i>Overwatch 2</i> in 2022.</p><p><blockquote>该公司（股票代码：ATVI）加入了一系列视频游戏公司的行列，这些公司在疫情期间推迟了关键游戏的发行。动视暴雪表示，不打算接受来自<i>暗黑破坏神IV</i>和<i>守望先锋2</i>2022年。</blockquote></p><p> Shares of the videogame firm fell about 14%, to $66.75, on Wednesday, the stock’s worst single-day percentage drop since it fell 15.6% on Nov. 14, 2008, according to Dow Jones Market Data. The&nbsp;S&amp;P 500&nbsp;rose 0.6%, and the&nbsp;Nasdaq&nbsp;rose 1% on Wednesday.</p><p><blockquote>根据道琼斯市场数据，这家视频游戏公司的股价周三下跌约 14%，至 66.75 美元，这是该股自 2008 年 11 月 14 日下跌 15.6% 以来的最大单日百分比跌幅。标普500周三上涨0.6%，纳斯达克上涨1%。</blockquote></p><p> Baird analyst Colin Sebastian titled his Wednesday note “Q3 Recap: Should Have Known Better.”</p><p><blockquote>贝尔德分析师科林-塞巴斯蒂安（Colin Sebastian）在周三的报告中题为 “第三季度回顾： 本应更清楚”。</blockquote></p><p> “While shares will trade lower embedding the push-out of revenues and earnings, compounding already frayed management credibility, we’d remind investors that it’s not unusual for Blizzard to delay new releases, and that other competing console/PC titles were pushed out at least a year, reflecting work-from-home issues,” Sebastian wrote.</p><p><blockquote>“塞巴斯蒂安写道：”虽然由于收入和盈利的挤出，暴雪的股价将会走低，这加剧了本已受损的管理层信誉，但我们要提醒投资者，暴雪推迟新发售并不罕见，其他竞争的游戏机/个人电脑游戏也至少推迟了一年，这反映出在家工作的问题。</blockquote></p><p> For Activision Blizzard, Sebastian notes that the company is also experiencing internal disruptions following months of headlines and complaints from employees about the firm’s workplace culture.</p><p><blockquote>对于动视暴雪，塞巴斯蒂安指出，在几个月来头条新闻和员工对公司工作场所文化的抱怨之后，该公司也在经历内部混乱。</blockquote></p><p> Executives said during the company’s earnings call that Jen Oneal, who became Blizzard’s co-leader in August along with Mike Ybarra, plans to depart at the end of the year. The company cited leadership changes when discussing the delays.</p><p><blockquote>高管们在公司财报看涨期权上表示，今年 8 月与 Mike Ybarra 一起成为暴雪联席领导人的 Jen Oneal 计划在年底离职。该公司在讨论延误时提到了领导层的变动。</blockquote></p><p> Activision Blizzard is responding to employee concerns that were brought to investors’ attention when the California Department of Fair Employment and Housing filed&nbsp;a civil lawsuit in July. The agency alleged that the company “fostered a pervasive ‘frat boy’ workplace culture.” The firm also disclosed that the Securities and Exchange Commission was looking into disclosures related to workplace issues.</p><p><blockquote>动视暴雪正在回应加州公平就业和住房部在 7 月份提起民事诉讼时引起投资者注意的员工担忧。该机构称，该公司 “助长了一种无处不在的'兄弟会'职场文化”。该公司还透露，美国证券交易委员会正在调查与工作场所问题相关的披露。</blockquote></p><p> Following an employee walkout, CEO Bobby Kotick recently said he’d cut his salary to the minimum allowed under California law. He also pledged that the company would take actions like investing $250 million toward opportunities for people from under-represented groups and increasing the percentage of women and non-binary people in its workforce by 50% within the next five years.</p><p><blockquote>在员工罢工后，首席执行官鲍比-科蒂克（Bobby Kotick）最近表示，他将把自己的工资降至加州法律允许的最低工资。他还承诺，公司将采取行动，如投资2.5亿美元，为来自代表性不足的群体的人创造机会，并在未来五年内将员工中女性和非二元性别者的比例提高50%。</blockquote></p><p> “Activision Blizzard is currently under investigation regarding accusations of workplace harassment,” Sebastian wrote, when discussing environmental, social, and governance considerations for the stock. “Clearly this will cast a shadow on the company’s social and governance efforts at least for the nearterm.”</p><p><blockquote>“塞巴斯蒂安在讨论动视暴雪的环境、社会和治理考虑因素时写道：”动视暴雪目前正因涉嫌工作场所骚扰而接受调查。“显然，至少在短期内，这将对公司的社会和治理工作蒙上阴影”。</blockquote></p><p> MKM Partners analyst Eric Handler cut his rating to Neutral from Buy and his price target to $75 from $108 in a note on Wednesday. He pointed to the delays, ongoing personnel turnover, and his belief that not all the bad news is out of the way.</p><p><blockquote>MKM Partners 分析师 Eric Handler 在周三的一份报告中将评级从买入下调至中性，并将目标价从 108 美元下调至 75 美元。他指出了延误、持续的人员流动，以及他相信并非所有坏消息都已消除。</blockquote></p><p> “With increased uncertainty towards the every-other-year release of a [World of Warcraft] Modern expansion pack and for the various mobile titles currently in development, the 2022 projected growth curve has substantially flattened from our prior view,” Handler wrote.</p><p><blockquote>“汉德勒写道：”随着每隔一年发布的[魔兽世界]现代资料片以及目前正在开发的各种手机游戏的不确定性增加，2022 年的预计增长曲线与我们之前的观点相比已经大大趋平。</blockquote></p><p> Wedbush analyst Michael Pachter, who cut his price target to $98 from $125 but maintained an Outperform rating, noted that he suspected <i>Overwatch 2</i> could slip into 2023 when the game’s previous director Jeff Kaplan left the company in April.</p><p><blockquote>Wedbush 分析师 Michael Pachter 将目标价从 125 美元下调至 98 美元，但维持跑赢大盘评级，他指出，他怀疑<i>守望先锋2</i>该游戏的前任总监杰夫-卡普兰（Jeff Kaplan）在今年 4 月离开公司时，可能会滑到 2023 年。</blockquote></p><p> The analyst added that for the sequel, players will compete on teams of five, rather than the six in the current <i>Overwatch</i> game—a change that necessitated an overhaul of how the game is played. Still, comments from developers about the game’s progress as recently as two months ago seemingly signaled to Pachter that the game was on track for a 2022 release.</p><p><blockquote>这位分析师补充说，在续作中，玩家将以五人一组进行比赛，而不是目前的六人一组<i>守望先锋</i>游戏——一个需要彻底改变游戏玩法的变化。不过，就在两个月前，开发者对游戏进展的评论似乎向 Pachter 发出信号，表明游戏有望在 2022 年发布。</blockquote></p><p> “We think that Activision’s multi -channel distribution strategy for its games (premium, mobile, free-to-play and ongoing in-game monetization for premium) will ultimately pay large dividends, but the stock price suggests that investors have tired of waiting,” Pachter wrote.</p><p><blockquote>“帕切特写道：”我们认为，动视游戏的多渠道发行战略（高级游戏、移动游戏、免费游戏和高级游戏持续的游戏内货币化）最终将带来丰厚的红利，但股价表明投资者已经厌倦了等待。</blockquote></p><p> Oppenheimer analyst Martin Yang cut his target to $85 from $100, noting that game delays are among the least challenging issues the company will face in the next year. He points to a leadership vacuum and concerns about talent retention.</p><p><blockquote>奥本海默分析师马丁·杨将目标价从 100 美元下调至 85 美元，并指出游戏延迟是该公司明年将面临的最具挑战性的问题之一。他指出了领导真空和对人才保留的担忧。</blockquote></p><p> “We believe Blizzard faces the long-term challenges of repairing its brand and attracting new talent, at a time when demand for talent is greater than ever, and funding/infrastructure supporting experienced developers/artists to start their own studios is abundant,” Yang wrote.</p><p><blockquote>“我们认为，暴雪面临着修复品牌和吸引新人才的长期挑战，而此时对人才的需求比以往任何时候都大，支持经验丰富的开发者/艺术家创办自己的工作室的资金/基础设施也很充足，”杨写道。</blockquote></p><p> In the meantime, Yang says investors still have a company with a strong balance sheet and cash flows, and the durable strength of its <i>Call of Duty</i> franchise and its King mobile games segment.</p><p><blockquote>与此同时，杨表示，投资者仍然拥有一家拥有强劲资产负债表和现金流的公司，以及其持久实力<i>值班看涨期权</i>特许经营及其国王手机游戏部门。</blockquote></p><p></p><p> “While Blizzard has major challenges ahead, it is not a lost cause,” Yang wrote.</p><p><blockquote>“虽然暴雪未来面临着重大挑战，但这并不是一个失败的事业，”杨写道。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/activision-blizzard-stock-worst-day-game-delays-51635971518?mod=hp_LATEST\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/activision-blizzard-stock-worst-day-game-delays-51635971518?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176588625","content_text":"Activision Blizzard stock had its worst day since November 2008 on Wednesday as Wall Street tempered expectations for the coming quarters. Delays for games Overwatch 2 and Diablo IV caught Wall Street off guard.\nThe company (ticker: ATVI) joined a swath of videogame firms that have pushed back the release of key titles amid the pandemic. Activision Blizzard said it’s not planning for material contributions from Diablo IV and Overwatch 2 in 2022.\nShares of the videogame firm fell about 14%, to $66.75, on Wednesday, the stock’s worst single-day percentage drop since it fell 15.6% on Nov. 14, 2008, according to Dow Jones Market Data. The S&P 500 rose 0.6%, and the Nasdaq rose 1% on Wednesday.\nBaird analyst Colin Sebastian titled his Wednesday note “Q3 Recap: Should Have Known Better.”\n“While shares will trade lower embedding the push-out of revenues and earnings, compounding already frayed management credibility, we’d remind investors that it’s not unusual for Blizzard to delay new releases, and that other competing console/PC titles were pushed out at least a year, reflecting work-from-home issues,” Sebastian wrote.\nFor Activision Blizzard, Sebastian notes that the company is also experiencing internal disruptions following months of headlines and complaints from employees about the firm’s workplace culture.\nExecutives said during the company’s earnings call that Jen Oneal, who became Blizzard’s co-leader in August along with Mike Ybarra, plans to depart at the end of the year. The company cited leadership changes when discussing the delays.\nActivision Blizzard is responding to employee concerns that were brought to investors’ attention when the California Department of Fair Employment and Housing filed a civil lawsuit in July. The agency alleged that the company “fostered a pervasive ‘frat boy’ workplace culture.” The firm also disclosed that the Securities and Exchange Commission was looking into disclosures related to workplace issues.\nFollowing an employee walkout, CEO Bobby Kotick recently said he’d cut his salary to the minimum allowed under California law. He also pledged that the company would take actions like investing $250 million toward opportunities for people from under-represented groups and increasing the percentage of women and non-binary people in its workforce by 50% within the next five years.\n“Activision Blizzard is currently under investigation regarding accusations of workplace harassment,” Sebastian wrote, when discussing environmental, social, and governance considerations for the stock. “Clearly this will cast a shadow on the company’s social and governance efforts at least for the nearterm.”\nMKM Partners analyst Eric Handler cut his rating to Neutral from Buy and his price target to $75 from $108 in a note on Wednesday. He pointed to the delays, ongoing personnel turnover, and his belief that not all the bad news is out of the way.\n“With increased uncertainty towards the every-other-year release of a [World of Warcraft] Modern expansion pack and for the various mobile titles currently in development, the 2022 projected growth curve has substantially flattened from our prior view,” Handler wrote.\nWedbush analyst Michael Pachter, who cut his price target to $98 from $125 but maintained an Outperform rating, noted that he suspected Overwatch 2 could slip into 2023 when the game’s previous director Jeff Kaplan left the company in April.\nThe analyst added that for the sequel, players will compete on teams of five, rather than the six in the current Overwatch game—a change that necessitated an overhaul of how the game is played. Still, comments from developers about the game’s progress as recently as two months ago seemingly signaled to Pachter that the game was on track for a 2022 release.\n“We think that Activision’s multi -channel distribution strategy for its games (premium, mobile, free-to-play and ongoing in-game monetization for premium) will ultimately pay large dividends, but the stock price suggests that investors have tired of waiting,” Pachter wrote.\nOppenheimer analyst Martin Yang cut his target to $85 from $100, noting that game delays are among the least challenging issues the company will face in the next year. He points to a leadership vacuum and concerns about talent retention.\n“We believe Blizzard faces the long-term challenges of repairing its brand and attracting new talent, at a time when demand for talent is greater than ever, and funding/infrastructure supporting experienced developers/artists to start their own studios is abundant,” Yang wrote.\nIn the meantime, Yang says investors still have a company with a strong balance sheet and cash flows, and the durable strength of its Call of Duty franchise and its King mobile games segment.\n“While Blizzard has major challenges ahead, it is not a lost cause,” Yang wrote.","news_type":1,"symbols_score_info":{"ATVI":0.9}},"isVote":1,"tweetType":1,"viewCount":2072,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}