Saab might have a new model coming out, the Saab 700. Currently, the share price is around 690 SEK.
Hopefully, we won’t return to the 96 or 99 days. 900 and 9000 are more interesting 
A hilarious uncle was playing with AI again and asked it to make a fictional Inderes-310 version (target price 310 SEK).
This thread is a continuation of the comment: Inderesin kahvihuone (Osa 10) - #10503 käyttäjältä Suppilovahvero.
Previous threads:
I have to admit, I rarely do my grocery shopping at Citymarket. Every time I do, I definitely feel a pang in my heart when looking at the final total at the checkout 
EDIT: This is related to
Depending on the store, Citymarket’s advantages include the availability of local products and produce and bakery departments that are, on average, better presented than those of its competitors. However, my own shopping has been concentrated at Lidl since I stopped working as a cashier at S-Group stores over 10 years ago. But you can’t get everything there either, so I supplement my grocery shopping at domestic chains. Food costs would certainly increase significantly if I centralized my shopping at Kesko.
I’ve heard from people close to me that they are afraid to shop at Lidl because they aren’t familiar with the products. “I don’t know how to shop at Lidl,” to quote them directly, which I find odd since those chicken strip packages do say “chicken strips” (kanasuikale) on them. You also hear the “Natsisiwa” (Nazi-Siwa) comment, but those can just be ignored for what they’re worth. Back in the day, Lidl brought very welcome competition to the Finnish grocery market.
I have been outlining various milestones to make the development of our family’s portfolios more concrete. One of the clearest milestones has been for the gross returns of my and my wife’s portfolios to reach the same level as my own gross annual salary.
Now, after about 3.5 years of a volatile journey, I am pleased to say that I have reached that level, albeit as a one-off instance for now. The achievement is heartening in principle because, if achieved consistently, it would technically allow one of us to leave the workforce. I don’t feel a burning desire for FIRE (Financial Independence, Retire Early), but I like the idea of being financially independent, especially in these uncertain times.
As long as the portfolios continue to grow in euro terms, reaching this goal will naturally become easier year after year. Repeating that feat this year would require roughly 50% growth in both portfolios. I don’t believe or expect to achieve that, but at least I can enjoy this sense of lightness for a moment.
I can visit Lidl occasionally, but it lacks certain products that you can only find at S-market/Prisma/K-Supermarket/Citymarket. And I always try to favor domestic products if the price is even close to the same as a foreign one; a +10% price difference doesn’t bother me.
Edit: and as a shareholder, you have to buy Olvi or products made by Olvi 
Product shortages are a very valid point. However, Lidl products currently have a fairly high share of domestic goods.
Last year was exceptionally productive (even Helsinki was around +30%), so it’s easy, especially for a novice investor (not saying that you are one), to be blinded to reality. One must remember, however, that the average annual return is in the 7% range. But it’s nice to play with the idea; I do it myself. And then when I put realistic formulas to work, I realize that there’s still work to be done.
No worries, with 3.5 years of investing experience, I still feel like a complete beginner, and I honestly can’t name a single strength that would allow me to justify, even to myself, being an above-average investor. I started investing by destroying enough capital that I don’t think I’ll get overconfident very easily anymore. I’m mainly just enjoying a good year, the momentary tailwind it brings, and the fact that the direction has turned since my early days of investing.
As a young man in the 90s, I was on a business trip in France. I wondered quite a bit about a blue and yellow logo; I thought maybe it was a Swedish toy store. I didn’t go in because I didn’t need toys, and I chuckled to myself at the store’s name; extremely difficult to pronounce, it feels like your tongue turns inside out in your throat. Well, the “toy store” shot into Finland and expanded rapidly. And lo and behold, I am a customer of that toy store. They have quite unbelievable stuff in their everyday goods. A kitchen knife set, maybe it cost 15€—you’d be hard-pressed to find better knives. The impact wrench is a legend; it can loosen just about anything. The sneakers were a joke, though a good one. Somehow I’ve thought that people go to my local Citymarket to “be seen,” to buy shockingly expensive products that, in my opinion, aren’t any higher quality. The price difference is huge. But since I don’t want and don’t need to “be seen,” I go to the toy store. If I can’t find something, I get help. Everything works, what else do I need?
I think I’ve turned into a bit of an S-group hater since I started shopping at Lidl.
As a former long-time Prisma fan, I’ve been doing about 90% of my shopping at Lidl for about a year now, and I hasn’t often felt the need to go and get something from, say, Prisma. Sure, they don’t have every single fruit or vegetable on every visit, but there are dozens of options every time, and the staples are always available. The same goes for the protein shelves and dairy products. Even tar shampoo is part of the permanent range. So, everyday shopping is handled easily and cheaply.
There are shortcomings, of course. The bread selection is weak, especially since there are practically no local products on offer. The in-store bakery also loses to Citymarkets and Prismas. And they are certainly cramped during rush hour.
But now that I’ve become “Lidl-ified,” I’ve wondered while shopping at Prisma how there never seems to be anything to justify all that floor space, at least from the perspective of the customer’s time. The same basic meats in slightly different marinades as far as the eye can see, five different pork-beef minces, dozens of nearly identical frozen potato products and macaroni. The same products in every Prisma. It feels completely irrational to waste time there when you don’t even save money or eat any more diversely.
Kesko, on the other hand, shines in exactly those areas where Lidl falls short and the “S-mafia” doesn’t pick up the slack. Plenty of local products, more specialized meats and cuts in addition to those chicken fillet strips, in-house products, and experiments. This depends on the merchant, of course, but if I have a need for something more specialized than Lidl’s basic range, I head to Citymarket 100% of the time.
There’s probably no point even mentioning the S-Group’s smaller stores here, as the price level jumps to something absurd again (cf. Lidl), and the selection doesn’t actually improve compared to K-stores.
I used to get migraines on weekends and holidays, but now I’ve diversified them into weekdays as well.
Now I’m going to lie down in a dark room. Good night, for a couple of hours at least! 
I encountered my first genuine case resembling an investment scam, or at least unauthorized investment marketing, and I thought I’d share the experience here in case anyone else has come across the same thing. I found one very similar mention of the same operator online:
I was contacted via a cold call, which I answered out of curiosity. The caller introduced himself as a representative of a company called Minerva Capital from Japan and asked for my email address so he could send more information about an investment opportunity in an unlisted AI company. I agreed to this, again out of sheer curiosity. I received a few links and a presentation via email about a company called Cerebras Systems, whose IPO had previously been canceled. At this stage, there was almost no concrete information provided about Minerva Capital itself. As a quick conclusion at this point, I somehow thought that Cerebras Systems was, for some reason, seeking additional funding through a broker since the listing had failed.
A bit later, I received another call, this time from Poland. During this call, the real nature of the operation was explained. The caller was a quite pleasant English-speaking man who explained to me that he represents an investment services firm called Minerva, which offers private investors opportunities to invest in unlisted companies “like an institutional investor.” During the call, I was directed to various websites to “verify” the company’s legitimacy. In hindsight, I regret not taking more detailed notes, as my focus was mainly on the fact that the call was conducted in fast English with a heavy accent. Some details definitely flew over my head.
The main content of the call was roughly:
So the call ended, and while I was still very skeptical, the overall package seemed quite professional at first glance. There was no pressure to make decisions, which increased trust. The company’s website was surprisingly neat and credible-looking, although the source code couldn’t be inspected, and you couldn’t even copy text. Additionally, there are real investment firms operating under the name Minerva, such as Minerva Growth Partners, which initially led me astray because the search results showed content validating this “real” Minerva.
I don’t know if I know how to search for anything in the Japanese business registry, but I certainly didn’t find this Minerva Capital there. Next, I asked an AI to help me create a checklist of what permits such an investment company should have for marketing in Europe. The AI provided a condition that an investment services firm marketing in the EU area should have at least one of the following:
I couldn’t find any evidence in my own investigations that any of these were met in the case of Minerva Capital. These two points were enough for my own conclusions, in addition to which I found that one comment about a similar experience. It had to be a scam.
Recently, this third call came, and I ended it by saying that too many alarm bells were ringing and that not enough trust had been built. After a few short words, they hung up, and there hasn’t been a call since. I think it was interesting how few experiences I’ve heard about these. On the other hand, I was a little surprised at myself for how, at one point, I half-believed this random guy from the other side of the world.
Did anyone count how many landmines were hit following BUY recommendations last year?
Now that the state-owned company VR has expanded into Sweden, it’s no longer clear whether the passenger numbers they report are just for Finland or if they include Sweden as well.
In the future, an even larger share of their revenue will be coming from Sweden.
How did it come to this? We are seeing far too many of these similar news stories. How CAN it be possible that all the dignity of eventually passing away in peace, surrounded by familiar, loved people and love, in a welfare state—has now become dying alone, tied to a chair. Someone tell me, how did we get to this point? It is scary to grow old when you don’t know if this is just going to keep getting crazier. I am deeply saddened.
Lidl has its certain place in my own shopping as well. I use it for impulse fruit purchases – as you can often get slightly more exotic fruits (lychees, pomegranates, prickly pears, etc.) from Lidl significantly cheaper than from K or S stores. On the other hand, you can’t count on everything being available all the time; some days the selection might even be quite poor, but often you find something nice to liven things up.
We use quite a lot of fruit at home, so we’re semi-sensitive to the price per kilo. The local Citymarket does have a good selection, but the prices are sometimes absolutely outrageous once you go beyond the basics.
It’s likely going to get even crazier. The aging of the population guarantees that resources will be even scarcer in the future. We’ll have to hope for AI and humanoid robots to help out 
Population aging is not a temporary phenomenon
Finland’s retirement-age population will continue its rapid growth throughout the forecast period, including the 2040s. In the 2050s, about 1.5 million people of retirement age will live in Finland, and by 2050, every seventh Finn will be over 74 years old.
Throughout the forecast period, the number of the oldest individuals, those over 84, will increase. It will grow particularly fast starting from the early 2030s, and the growth will continue strongly until the 2050s.
– While long-term population forecasts involve significant uncertainties, the strong growth of the elderly population in particular is inevitable in all regions of Finland, emphasizes Rasmus Aro, a leading expert at MDI who prepared the population forecast.
– This major demographic shift will challenge the service production of both municipalities and wellbeing services counties in the future.
The share of the working-age population, i.e., 20–64-year-olds, of the total population will decrease, and the number of retirees relative to the working-age population will increase.
Hasn’t Esperi Care already distinguished itself once before in the area of negligence leading to a client’s death, so it’s a wonder their operating license even still exists.
Hi from the night shift.
I’ll try to explain something in as plain language as possible. I’ve worked in elderly care for about 15+ years. A large portion of residents have some form of memory disease. For some it’s mild, but a large part don’t know if it’s Christmas or Midsummer. Night or day. The year 1930 or 2026.
About restraints and “tying down.”
There are different types of restraints. For example, keeping bed rails up, hygiene jumpsuits, and, say, that “tying.”
When people talk about tying, it’s usually about a client being “secured” to, for example, a G-chair with a T-belt (groin strap). A bit like the belt used in a child’s car seat. By talking about “tying,” people—either intentionally (clickbait) or unintentionally—make the matter sound much more violent than it actually is. The idea is, for example, to prevent a person from constant wandering, falling, and other confusion. A belt can be used, for instance, to keep the client in place during a meal. Or so that they can sit with others watching TV or listening to a sermon from a visiting priest, etc.
Bed rails are raised for the resident’s own safety. So they don’t fall and break themselves. So they don’t go off walking alone looking for their father, mother, horse, or head out at 03:25 to the bank, the blueberry forest, the pharmacy, etc.
Hygiene jumpsuits. An overall-like outfit with a zipper in the back. This is to prevent the person from digging into their diapers and soaking their bed. And from eating their own feces. Yes, you read that right. It’s not just one or two who have “tasted some chocolate” or rolled a fun ball or painted the bed rails.
For every restraint measure, a separate permit is sought from a doctor. Individually for every single client. Nurses do not have the authority to restrain clients on their own. The doctor decides. Nurses present and justify the cases, and the doc has the final say.
Restraints are not done out of spite. No. They are done for the resident’s own benefit and safety. Guess if it frustrates nurses when this process has been taken so far that every single time you, for example, lower the bed rails during morning washes, it has to be logged into the computer. And when you raise the rails back up, it must be logged. Every single time. It’s completely “useless logging,” that time could be spent on something sensible, but this is what it’s come to. On the other hand, it’s good for things like the legal protection of the nurses.
I don’t know the specific case in Turku. It’s possible that an official T-belt wasn’t used there. I don’t know. It might be that something more unofficial was used. I’m not defending or condemning the nurses, but I doubt they acted wrongly on purpose, or out of malice.
Memory diseases are something truly terrible. A doctor once stated in a training session: -Memory disease is a fatal illness for which there is no cure. Memory diseases absolutely suck.
It is very common for a 90-year-old lady to look for her mother all night long. What do we do? Let the lady wander into other residents’ rooms and wake up the whole house? Medicate her into a stupor? Raise the bed rails to secure the sleep of the resident and other clients? Tell the wandering grandma that her mother died decades ago? Wait for her to fall and break her hip after wandering every night for a few months? Should a nurse follow this lady 24/7 and leave everyone else unattended? Isn’t it easy…
This is just one everyday example from the real world. Everyone should go and see for themselves in these institutions what this work is and what kind of situations and decisions have to be made. I say this neutrally and with all due respect. This is how it is. All sorts of things can happen and do happen. On the side of disability care, there are even more types of restraints. I don’t know that world well. I do know, however, that some wear, for example, a hockey helmet with a cage. Simply so they won’t bite chunks out of themselves.
This is how it is. Unfortunately. I don’t know who to blame, nor can I think of anyone. Actually, the most significant culprit is the increased human lifespan. In the old days, people died at 50 in some smoke hut. Nowadays, 90+ or 100+ is quite normal. People walk the halls with their pants on their heads for years. The engine is running, but no one is in the cockpit. All the sawdust has gotten wet.
I’m telling you straight what it’s like. With over a decade of experience. I won’t sugarcoat it. There is nothing beautiful about a mother not recognizing her child, or a child no longer recognizing their mother. Now maybe someone realizes why you can’t bring toxic flowers to the ward. Why every place is locked. Even dishwasher tablets have been tasted somewhere. What it’s like when someone has a memory disease. It is brutally inhuman crap. There is a time and place for restraint measures.
EDIT: I don’t know much about investing or stock picking, but I know at least something about the care sector. I started reminiscing about the past during my incontinence care round. If all internships and everything are counted, I’ve seen the daily life of over ten different nursing homes. Private, municipal, and foundations. I don’t recall a single blatant overreach regarding restraints. Not even smaller ones, really. Some restraints are, however, subject to interpretation, depending on who is thinking about it and from what angle. If we think about, say, a T-belt vs. sedatives. Certain medications are also a restraint, by the way. But I haven’t come across anything egregious. Ever.
And sometimes restraints are even discontinued. For example, in a situation where a client used to be prone to digging in their diapers, but due to their physical decline, they no longer have the strength to mess with their waste, the hygiene jumpsuits are removed from use.
And some words of comfort: I guarantee and assure you that people have generally received very good basic care in every single place I have worked or interned. Everything cannot be treated or cured. There isn’t enough time for everything. There simply isn’t a correct procedure or instruction for everything. Often, various compromises have to be made. But for the most part, all care and restraints can withstand scrutiny and are implemented in the way that resources and current care guidelines (Käypä hoito) allow.
-Suppis-
