Inderes Coffee Room (Part 10)

When man flu hits, your back aches, and the bottom of the whiskey bottle is in sight, you can always count on AI’s positivity in interpreting numbers :hugs:

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Hesuli Stonks Exchange

Tracking index, of course, ^HESE

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Sometimes you can forget about companies’ balance sheets and focus on weaving beautiful ryijy (tapestries) from your experiences, which you then hang on social media :smiling_face_with_three_hearts:

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image

EDIT: Pakko käyttää kuvaa, kiitos tekokääntäjä! :face_exhaling:

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I got fooled again, I didn’t realize the US stock market already closed at ten. :melting_face:

If SoFi beats estimates many times over and closes tomorrow at $75, I’m a genius and foresaw it. If it drops by twenty percent, I went into earnings with a full position just because of time zone confusion.

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As buying from Temu is increasingly frowned upon, I have decided to open an alternative store. I can sell cheaply because I don’t advertise, I don’t keep inventory, and I don’t maintain a product catalog or price list. I use Temu’s catalog; the price is simply 3x Temu’s price + shipping costs + a small invoice fee. Delivery time is as fast as possible, payment in advance. It’s worth ordering from me because then you don’t have to order from Temu, and the world will be saved. At least 2/3 of the price of all products originates from the home country, so all are blue-cross flag products.

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Amateurs don’t realize that you don’t get good things cheaply. :smiling_face_with_sunglasses:

Even Jeppez can’t achieve 10,000x returns, at least not in such a short time. :cowboy_hat_face:

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I don’t know if I’m more disappointed or surprised that this Wincapita crowd seems so ready to believe a good story about a magical stock market strategy that produces astronomical returns, and completely automatically at that!

I’ll have to read the article on my work computer tomorrow as I can’t see past the paywall on my phone, but I realized the existence of the person in question last week from Nordnet’s Investor of the Year poll, and watched his investment podcast episode and a few clips found on YouTube from small foreign trading-themed channels. I was a bit confused by how his answers to questions sounded so much like a fabrication, but I couldn’t find any more serious questioning discussion about him (apart from a few comments). There are pictures circulating online of him socializing with known penny stock scammers, which also doesn’t inspire confidence. I was going to post a question in the algorithmic trading thread. I didn’t feel like starting a debate about something that is very difficult to clarify, but I guess I’ll have to think about it more when, based on the intro at least, even Finland’s number one financial media has been quite easily convinced by an incredible claim :upside_down_face:

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All, with the exception of Jukurit, are potential teams for the A-series. Good clubs will inevitably remain in a lower series.

The majority of small clubs in the league company has led to an unfair revenue distribution model for the less numerous large clubs. Now the large clubs are seizing power back through undemocratic means.

Behind all this is also the upcoming breakdown of the betting monopoly and sponsorship money. The majority of small clubs would force the League into a solidarity-based revenue distribution model also regarding gambling money. This has certainly been discussed, and the outcome has not pleased everyone.

In addition, of course, Jokerit. Jokerit must be brought into the league surely and quickly. The hurry is great, they shouldn’t fail sportingly for many years. I expect that an infallible sporting exhibition promotion path will be built, one where failure is impossible, and which structurally produces turnover between league levels.

That would be something, if Jokerit were promoted directly from Mestis to the major teams’ top league. When Jokerit left for Russia back then, something in the SM-Liiga permanently broke. With such a return scenario, the League would in a way also be destroyed on its way back. Chaos in every direction.

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You’re not alone: I don’t believe that myself, and I’ll consider them a fraud until proven otherwise.

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Sijoituskästi/STNX is doing quite well, I’m a bit jealous :slight_smile: :backhand_index_pointing_down:

https://x.com/STNXfi/status/1982905179860349287



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The compensation received from investment industry advertisements is many times higher compared to the ad revenues of channels on other topics. They have apparently started to capitalize on that excess profit by bringing interviewees from other fields into the studio under the same genre.

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They indeed have various advertisers, even from the investment sector. In addition, they receive compensation for, among other things, company analyses and other things. :slight_smile:

Some of their YouTube videos have about 300,000 viewers, and the channel also has about 65,000 subscribers. :slight_smile:

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Perhaps you should follow the tax information, and you will get rid of your doubts. The gentleman himself has said that those who doubt can check things from the next taxation and even the one after that. I have not the slightest doubt that the gentleman in question would be lying.

The guy has held reasonably good positions at Neste for the past 7 years. Served in the renewable energy management team. Having followed all those videos, I am convinced that the guy is speaking/writing the truth.. data analysis is his strength. How many would come with their own face to talk nonsense? If the goal is to do something other than ‘documenting decline’ for the next few years on social media. .

He trades, although nowadays algorithms reportedly handle all the trading, and one can focus on other things.

career includes:

Career: 2013–2017 in numerous roles at Cembrit, 2017–2024 in Neste’s renewable products production management team, responsible for developing and optimizing production processes and operations for the Rotterdam, Singapore, and Porvoo refineries.

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Do you mean that the journalist hasn’t done any background research for the story? Well, I guess that’s possible nowadays too, but usually a journalist checks such matters, for example, by making information requests to the tax authorities and by discussing with experts.

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Oh dear, the success of these companies is quite concentrated then. I believe this extremely well :upside_down_face: :

To put this differently, ~97% of all stocks have barely contributed to long-term shareholder wealth creation.

https://x.com/KobeissiLetter/status/1982969988114964991


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He does say that, but Finnish tax information doesn’t really show anything. See, for example, the Juhapekka Piiroinen case a couple of years ago. Of course, no one owes anyone explanations, but I personally wouldn’t believe claims without an auditor’s audit.

Well, this is what largely bothered me in the investment podcast episode. For example, the part of the interview about a “quant coder,” where he describes his setup with his business partner. Sampsa describes how he has a quant coder working for him, who downloads data for him from the Polygon network API, and Sampsa then performs analyses on this data in Excel(!!). He has a commendable work history, but that doesn’t say anything about the realism of the claims.

This also grated on my ears, as people who actually engage in algorithmic trading usually don’t claim that they can just play golf while the machine crunches, but rather the algorithm is usually monitored like one’s own child in case of an IT outage, etc., which might leave a position open or similar.

My initial thought was that perhaps this is a person who is on a century-long streak with a heavily leveraged portfolio and poor risk management, which would be entirely possible, but he himself describes his strategy as based on shorting penny stocks, which, quite frankly, is the most unrealistic claim. For him to generate that kind of return by shorting nano-cap stocks, he practically has to use a margin account and leverage, and frankly, only a foolish person would short nano-cap stocks with leverage. When they take off, no stop-loss works; the price simply sweeps right over it, and the margin account easily goes into the negative.

I will conclude by reiterating the fact that Sampsa appears online with known penny stock scammers (such as Timothy Sykes). If you are legitimate, why would you associate with those who clearly are not? He has also repeatedly praised Centerpoint Securities (https://nitter.net/Jeppez420/search?f=tweets&q=%40centerpointsec&since=&until=&near=) on Twitter, a broker that advertises known trading influencer types on its site, such as Kristjan Kullamägi (who has previously been caught using a scam broker) and Madaz Money, who sells courses (i.e., the traditional scam). So I wouldn’t fully trust this broker, even though it is FINRA-registered, because FINRA is not an administrative body but that famous self-regulation, and the internet is full of FINRA brokers’ abuses.

I didn’t originally want to bring Sampsa up because, as I noted, it’s difficult to get clarity, but in Sampsa’s case, there are quite a few red flags in his own statements and in his company, so I wonder how this has been accepted so uncritically. Perhaps it’s because he has the stamp of Finland’s trusted broker Nordnet (and now even Kauppalehti), and people trust that entity too much. I myself have already moved most of my money to another broker for other reasons, but because of this, I do intend to close the entire account.

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And if you can’t wait for the tax information, then as far as I know, he has at least sometimes publicly disclosed his trades on Twitter/X.

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This was really good. Nicely written, putting today’s morality into words :flexed_biceps:t2:

I think one of the biggest things for those dreaming of manual jobs is that the work stays at the workplace. Secondly, when the work is more manual, your mind is free for your own use. You can think and plan your own things in your head all day while doing work and even studying different things by listening to podcasts. With laptop jobs, none of that happens; work is interrupted immediately. The best multitasking you can do is, for example, walking on a treadmill.

Treatment is often unfortunately worse than in white-collar jobs, although feedback comes immediately even in those if you don’t agree with your supervisor on every matter. And if they don’t like you, jobs can become very difficult, where you’d have to be able to interpret management’s thoughts from a crystal ball.

Sometimes I dreamed of buying cheaper apartments, learning to renovate them, and selling them for a small profit. Indoor work, on my own schedule, and accountable only to myself. This learning period should have been done years before the daily life with small children.

Let’s continue the comparison a bit, based on my own experiences. As a white-collar worker, sick leave mainly means that you do the same work later. Also, the threshold for taking sick leave is much higher; after all, with a head full of snot and a slight fever, you can sit remotely in a chair just as well as lie on the couch. This is largely driven by the fact that the same tasks await after sick leave, often with the exact same deadlines. Beyond a certain point, it’s a foolish way to think, I admit. In manual jobs, you didn’t even have to think about this; of course, having a head full of snot in a dusty and cool hall was a completely different matter anyway.

One thing is missed from manual jobs: continuous concrete successes and seeing the results of your work. Things usually have a beginning and an end. With a laptop, it’s more like a continuous rush with several different projects simultaneously, making such experiences not as easily generated.

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