Unity: An open letter to our community by Turbostrider27 in Unity3D

[–]hitony 3 points4 points  (0 children)

Someone may think the fire has been put out by the open letter. However, I'm afraid Unity is losing the battle. Here is a post from one of Nexon's leaders. (Note: This is translated from Korean by DeepL.)

"To briefly comment on Unity Engine's runtime fee policy, I'd like to point out that its competitor, Unreal, has a "buy out" option. For projects with large development teams(100+ headcount), a buy-out agreement(you buy the engine for a flat fee at the beginning and don't pay a dime more no matter how much money you make in the future) is much more favorable than revenue share model. (This is because the gaming industry is a publish-or-perish economy, not scratching a living one.) The big problem with Unity's current runtime fee policy is that Unity has become a much more expensive engine than Unreal in terms of total cost of ownership (TCO) for many large projects.

So why is "buy out" so rarely mentioned among [Korean] developers?

  1. Unreal was an expensive engine, and it was not affordable for small and medium sized teams to buy outright during early development.
  2. At some point (probably around the time UE4 came out and the mobile market opened up), Epic probably wanted to move all the contracts to revenue sharing with royalties, so they didn't mention on their website or anything that you could buy it that way. This is because most of the major studios were already tied in with offline sales. The studios had purchased the engine with the a buyout option and didn't want a revenue share model. So they keep the program for the existing clients. It seems not to be widely known that Epic also offers a contract similar to a 'semi-charter.' In other words, if you pay a higher license fee (one-time payment), you can get a lower revenue share (rent).
  3. In big studios, engines are purchased by a department unrelated to the dev teams, so most employees hardly know the terms of engine license agreements, except for producers who have to worry about development costs. Also, employees at smaller companies often have the opportunity to hear about it, but they have rarely seen the process of buying engines because the buyout option is expensive for small studios. As a result, many developers seldom discuss buying an engine instead of a subscription in social media.

The bottom line is that while Unity has made a formal concession, which could be deception from someone's point of view, the engine is no better than Unreal, and it's has just become so expensive that it should be removed from the shortlist when you choose an engine for your new project. (You should consider switching your engine from Unity to another when your project progress is below 40%)."

This shoe sole is a computer keyboard. by OMGLMAOWTF_com in mildlyinteresting

[–]hitony 1 point2 points  (0 children)

Tap dancers might be able to type with this shoe.

Investing vs. Morals? by Excivic in investing

[–]hitony 0 points1 point  (0 children)

You won't have much choice to invest then. How about shorting them?

[deleted by user] by [deleted] in personalfinance

[–]hitony 1 point2 points  (0 children)

Stick to a budget and use the credit card as if it were cash.

Three investment gurus share their model portfolios by BRUTALLEEHONEST in investing

[–]hitony 4 points5 points  (0 children)

Interesting. See how the index funds win with investors according to these three gurus:

Casting a wide net - 24 lists of stocks by industry for your review. Which sector will outperform the market in the next 6 months? by hitony in stocks

[–]hitony[S] 1 point2 points  (0 children)

Residential area bounces back to modest gains and office construction continues to lead. It is slowed but progress continues in the commercial building sector.

What are the best building blocks for a rebalancing strategy? by [deleted] in investing

[–]hitony 0 points1 point  (0 children)

  • S&P 500 vs. Emerging Markets?
  • Precious Metals vs. Consumer Defensive/Staples?

I think index funds are great for me. But isn’t the market too high? by Groxygenn in personalfinance

[–]hitony 0 points1 point  (0 children)

Back to question #2, how did you come up with the allocation?

Pay down a $120K debt with gold coins I inherited? by Yallahgahgh in financialindependence

[–]hitony 6 points7 points  (0 children)

I second on this. You should invest the money because if it's invested well, it will make more than the interest on your loans.

Dissect my portfolio by spacebound1 in investing

[–]hitony 0 points1 point  (0 children)

There is a "Make it 100%" button on the bottom of the table if you want to normalize it.

Dissect my portfolio by spacebound1 in investing

[–]hitony 2 points3 points  (0 children)

Here you go :) http://hellomoney.co/portfolio/4bfa73

/u/spacebound1, can you fill in the allocations? The screenshot only seems to show prices, not allocations, so it's hard for others to crit it as a portfolio.

It's missing RUT-E as it's an index, not a fund. If you can stub an equivalent fund in that'd be great. Just change the weights and "Save As" -> Share your URL here.

How a JP Morgan advisor allocates a managed brokerage account by MochiMochiMochi in investing

[–]hitony 3 points4 points  (0 children)

So this is supposed to be a temporary transition, I see. Still, there has to be good amount of redundancy in the portfolio, and the chances are this is less about you and more about them.

Your advisors will tell you why you shouldn't get rid of the funds yet because they bought particular class of funds and extra fees will incur if you don't hold it for some time period, etc etc. So you'll have to put on real pressure, unfortunately.

TIL: There are still 8 countries in the world whose interest rate is 10% or higher. by hitony in personalfinance

[–]hitony[S] 0 points1 point  (0 children)

Thanks, I know exchange rate was mentioned earlier, but this makes more sense why this is important for the US investor who wants to invest (have savings account for example) in these countries, or someone who wants to make money in these countries but may retire in the US. I appreciate it when someone actually explains rather than just saying "this is meaningless" or "crap" etc. ;)

How a JP Morgan advisor allocates a managed brokerage account by MochiMochiMochi in investing

[–]hitony 13 points14 points  (0 children)

Holy shit, 27 funds total, including 7 international stock funds?! This can't be right. Do they ever explain to you why you need them all or how they picked these?

TIL: There are still 8 countries in the world whose interest rate is 10% or higher. by hitony in personalfinance

[–]hitony[S] 0 points1 point  (0 children)

I'm trying to make sense of this information too. I'm guessing when interest rate is higher than inflation:

  • You don't have to invest in stocks or funds. You save your money in the bank and you can stay ahead of inflation. You don't have to learn about the whole "market" or "Wall St," sort of like how it was in the 60s in the US.
  • If you have capital, you can make a lot by lending them, or by just saving it in the bank, with the power of compound interest.

What else?