Inderes Coffee Room (Part 10)

Is it a bug or a feature that Nordnet’s own search doesn’t find some stocks, but they can be found via Google, for example? They don’t appear on the watchlist either.

  • Imperial Brands: found in England, not Germany
  • Energy Fuels: found in Canada, not USA
  • SSAB: found in both Finland and Sweden
  • Nordea: found 4 different

You didn’t buy it in the heat of the moment, did you? Today someone crashed the Veho Airport’s Smart #5 Brabus.

Well, yes, they have insurance, so the one who crashed it doesn’t actually have to buy it.

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The otherwise excellent list of allowed activities was missing nose picking. Attached is a book recommendation on proper digging technique:

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Blackstone to invest 500 billion in Europe over the next 10 years (vs. 350 billion over the last 25 years):

https://www.tipranks.com/news/blackstone-bx-bets-big-on-europe-with-a-500-billion-power-play

Apollo 100 billion in Germany:

https://www.cnbc.com/2025/06/10/apollo-eyes-100bn-german-investment-as-private-capital-swerves-us.html

→ Europe’s golden age is approaching :money_mouth_face:

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Verneri apparently used a slightly broader rounding in the summer quarter. These things apparently happen even in better circles, so one can be more forgiving to oneself if big numbers sometimes go a bit wrong :slight_smile:

This is data dug up from Bloomberg, where the market value of all public companies in the world has indeed been combined, and it is currently about 130 trillion dollars, or about one hundred thirty thousand (130,000) dollars

Isn’t it said that smaller numbers are easier to understand :wink:

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In the FIRE thread, children are already being made to deliver mail so that parents can stop working.

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What do you reckon: did anyone learn anything from this saga, or will we see more of these in the future?

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Is it normal for a renovation company to charge 300e for “start-up costs” for picking up paint, gathering tools, and putting on their pants? I can, of course, refuse the offer, I’m just wondering if it’s a so-called industry practice. I could also charge my employer for not coming to work naked and having my tools with me.

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A fair renovator doesn’t charge unnecessarily; usually, for small jobs, a brief look at what the customer wants and what is roughly needed is enough, then just get to work and bill by the hour. This only works if it’s an honest renovator. The builder in the example probably charges for closing down the worksite. Some include a worksite setup cost in their pricing; could that be the case here?

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I haven’t offered renovation work, but in my offers, I do take into account the time spent on preparations, especially if they take several hours. Assembling equipment, packing, etc., however, is mandatory time to be spent on the project to be able to depart for the field.

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Many people bill for coming to work naked, and their tools are conveniently hanging along.

Startup costs for fetching goods are appropriate, otherwise not. Some itemize them on the bill, others don’t, but you pay for them anyway.

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It’s hard to say without knowing the details. Setting up a larger worksite can be a day or two’s work. Setting up a fence painting station is an hour’s work, including travel time and unloading materials at the site and setting up painting trestles. A house painting project involves protecting floors and other furniture indoors, and building scaffolding and possibly protecting walls or windows outdoors. This can take an experienced person from a couple of hours to a day, depending on what needs to be done. Everything takes time.

Additionally, it can depend on whether it’s hourly work or a fixed-price contract. In a fixed-price contract, these start-up and close-down tasks are included, but in hourly work, the company’s workers also pay the employer for the setup time before they can start doing the “actual work.” Perhaps this start-up cost has clarified to customers that the paid work includes more than just the painting itself, which is paid hourly. Perhaps not all customers have been willing to pay hourly for the protection of the work area and other necessary preparations when the actual project hasn’t even begun?

I would say it’s worth comparing the total costs if they are known. Start-up costs can be perfectly fine within reasonable limits and with a good explanation, but you shouldn’t pay for a carpenter to carry a hammer from the car and start tapping a nail already in the wall.

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787 Dreamliner crashed in India. The plane was en route to London. Unfortunately, no one survived the accident. Boeing flies from one crisis to another.

The stock price is naturally heavily in the red in pre-market.

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These cases come to mind first. As far as I recall, according to one source, at least 400 parts rejected in inspection were installed at the Spirit factory into Boeing aircraft, which are still flying in the world’s skies today. I don’t know if they have since been traced or if anything has been done about it. These were discussed in the Boeing thread a few years ago. I also cannot assess whether that accident in India is related to these events from years past, but it is probably not ruled out at this stage.

John Barnett claimed the firm tried to “eliminate” quality inspections at a plant that makes 787 planes.

He suggested that there had been “countless” occasions on which paperwork had been falsified, and agreed with his lawyer’s suggestion that each violation of procedure amounted to a “criminal offense and felony”.

Mr Paredes made the allegations against Spirit in an exclusive interview with the BBC and the American network CBS, in which he described what he said he experienced while working at the firm between 2010 and 2022.

He was accustomed to finding “anywhere from 50 to 100, 200” defects on fuselages - the main body of the plane - that were due to be shipped to Boeing, he said.

“I was finding a lot of missing fasteners, a lot of bent parts, sometimes even missing parts.”

Fortunately, Finnair’s fleet was mainly Airbus aircraft. :+1:

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Doesn’t this company use Finnish raw materials anymore??

It doesn’t say anything about the country of origin of the raw material. The product itself is made in Germany, but the raw material could still be from Finland. My own guess, however, is that the raw materials are from near the manufacturer.

The finance trio reviewed their amateurishly performing model portfolio in a recent video. :slight_smile:

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Well, I doubt anyone will learn anything from that, unless Samppa is disciplined, then he would learn.
It’s nice to write down others’ peculiarities…

Samla Capital writes down the ownerships and investments of the funds it manages, which are related to a hotel located in Kruununhaka, Helsinki. In addition to Samla Hotels, the Samla Asunnot and Samla Toimitilat II funds suffer from the write-downs of the funds.

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The hotel project was, of course, started before the full-scale phase of the war in Ukraine = the assumption was that it would be full of new rich Russians.

Money just slipped into the hotel’s money pit from where it shouldn’t have.

When will we hear: “I would have returned it, but”.

Samppa apparently completely sold the provincial folk 100-0. In Helsinki, no one even knows what sport Nordic combined is.

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