Adult women are now the largest demographic in gaming

Adult women are now the largest demographic in gaming

Congratulations, gamer girls—you’re officially at the top of the food chain when it comes to games. A new study released by the Entertainment Software Association has revealed that adult women now occupy the largest demographic in the gaming industry. Women over 18 made up a whopping 36 percent of the gaming population, followed by adult men at 35 percent.

Teenage boys, who are often stereotyped as the biggest gamers, now lag far behind their older female counterparts, making up just 17 percent of the gaming demographic.

John Schnatter on management

I don’t think you can control people. I don’t think you manage people. I think you give people a direction, you give them the resources, you lead by example. That goes from top to bottom, then I think people will manage themselves, they will motivate themselves.

John Schnatter, the founder and current CEO of Papa John’s International Inc.

What does it feel like to lose a lot of money (quickly)?

Here is a Quora question that I got in the personalized weekly newsletter.  I never had anything close to a lot of money, but I’m pretty sure that if a miracle happens and one day I do, I’ll lose them all pretty quickly.  Thus, I was vaguely interested in the answers.  However, the answer by James Altucher (most voted) was way more than I expected.

Then Internet stocks started to go down. This is ridiculous, I thought. The Internet is here to stay. I knew nothing about stocks or valuations or anything resembling rational thought. I doubled down. Then quadrupled down. Then 8-upled down.

From June 2000 until September, 2001 I probably lost $1 million a month. When anyone says, “this is ridiculous”, that’s code for, “I’m about to lose a lot of money”.

I couldn’t stop. I was an addict. I wanted to get back up to the peak.

I wanted to be loved. I wanted to have $100 million so people would love me.

I was the worst idiot. Writing this now I feel like slitting my wrists and stomach. I had 2 kids.

I felt like I was going to die. That zero equals death. I couldn’t believe how stupid I had been. I had lost all my friends. Nobody returned calls. I would go to the ATM machine and feel my blood going through my whole body when I saw how much was left. I was going to zero and nothing could stop it. There were no jobs,  there was nothing.

Read the whole thing.  It’s fascinating and impressive.