The $40 million is gone. It is a sunk cost. In investing, this is called "bag holding." In life, it’s holding a depreciating asset (a boat you never use, a car that keeps breaking, a stock that is tanking) because you are anchored to the purchase price. PES 2013 taught me to be ruthless: cut the loss, take the $8 million, and buy two promising 19-year-olds. The market doesn't care what you paid yesterday.
The PES 2013 scandal also raises questions about the future of competitive gaming. As esports continues to grow in popularity, the need for robust regulations and monitoring systems becomes increasingly important. Game developers, publishers, and governing bodies must work together to promote fair play and prevent match-fixing, ensuring that competitive gaming remains a vibrant and sustainable community.
Remember the "Wage Budget" screen? You had $10 million left for salaries. You needed a left-back. You found a decent 75-rated player asking for $2 million. Then you saw a shiny 82-rated wingback asking for $9 million.
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The $40 million is gone. It is a sunk cost. In investing, this is called "bag holding." In life, it’s holding a depreciating asset (a boat you never use, a car that keeps breaking, a stock that is tanking) because you are anchored to the purchase price. PES 2013 taught me to be ruthless: cut the loss, take the $8 million, and buy two promising 19-year-olds. The market doesn't care what you paid yesterday.
The PES 2013 scandal also raises questions about the future of competitive gaming. As esports continues to grow in popularity, the need for robust regulations and monitoring systems becomes increasingly important. Game developers, publishers, and governing bodies must work together to promote fair play and prevent match-fixing, ensuring that competitive gaming remains a vibrant and sustainable community.
Remember the "Wage Budget" screen? You had $10 million left for salaries. You needed a left-back. You found a decent 75-rated player asking for $2 million. Then you saw a shiny 82-rated wingback asking for $9 million.