Astronauts are perhaps a larger group of urine recyclers. But indeed, peeing outside is a convenient way to fertilize yard plants. One’s own urine is a relatively safe substance. If collecting larger quantities, storing it for six months before use destroys harmful compounds, etc.
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These bring to mind the annual videos of “Polish Markku” (Oroco, Voxtur, Adoro), who is often criticized even on this forum, where the guy always reminds viewers that in small caps, you will ALWAYS take a massive hit at some point when the share price goes down the drain. People who join during a bull market chasing sudden multi-baggers might not necessarily handle it when those portfolio stocks drop, say, -70%.
And you can’t really prepare for it by reading books or other investors’ experiences, because you only see it in a real-life situation when losses start accumulating—whose head can handle being a small-cap investor. And of course, there’s nothing wrong with that. Not everyone can be a boxer, and for other types of people, something like clay pigeon shooting with a shotgun might be a better fit, as in that sport, there’s no risk of the clay pigeon punching you in the nose 
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Summer vacation starts now, nearly 5 weeks in a row! 
To celebrate the start of my vacation, I bought two new pairs of jeans, the same brand and model as my old ones. I was happy to notice that I can forget about the W33 waist size; from now on, it’s W32. It’s hard to say if that three-year extreme sugar avoidance plays a part, but this “shrinking” feels good. More than 10 years ago, my waist was size W34, so the direction is slow but definitely right. 
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The same thing happens to others, such as car manufacturers. You cannot have sustainable margins in CONSUMER GOODS.
Here in our home country of Finland, for example, sales points for non-essential goods are popping up like mushrooms in the rain. Margins are shrinking.
One can make the comparison—even if it’s not direct, it’s still relevant.
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@Akee Hey, who’s going to be a Remedy bull and stay optimistic with me if even you are discouraged?
In the “I bought/sold just now” thread, I’ve had a tendency to go full throttle with a “Bought more, it’s about to moon” mentality, but perhaps in the Remedy thread itself, I’ve focused more on either sharing information or just messing around.
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I am in a position where I hear about residential developers’ plans well before the general public. Now it seems that our nascent economic growth is threatening to spread into construction as well. Developers are starting to wake up from their long hibernation, and projects that didn’t interest anyone last year are now being greenlit.
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The idiomatic expression “jumping the shark”, “shark jumping” or “to jump the shark” means that a creative work or other entity has reached a point where it has exhausted its original core concept and begins introducing new ideas that are inconsistent with its original theme or purpose, or are extreme exaggerations, i.e., caricatures of it.
The phrase originated in 1985 when radio host Jon Hein used it to refer to a 1977 episode in the fifth season of the American sitcom Happy Days, in which the character Fonzie (Henry Winkler) jumps over a live shark while water-skiing.
Ladies and gentlemen. Bitcoin has now finally jumped the shark, and to be precise, it happened on May 10th when MicroStrategy CEO Michael Saylor linked this video:
https://x.com/saylor/status/2053498810316247112/video/1?s=46
Owning Bitcoin is now officially embarrassing.
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Ahem, yours truly is a Master of Science - MS, Economics, so you can call me Mr. MASTER x)
by the way, I have no idea who updates those Wikipedia articles, I don’t know anyone who does that as a hobby.
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First-hand information is not accepted as a source on Wikipedia! You need to do a new interview with Alokas now, so we can get a credible journalistic source to prove that you are indeed a Master’s graduate. Otherwise, according to the official truth, you will remain a BBA (tradenomi) in the future too 
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It has always been a mystery to me why we even have a Competition and Consumer Authority (KKV) if it doesn’t intervene in the clear lack of or restriction of competition.
Even a blind person can see that since Teboil’s departure, prices at fuel stations have risen more than the price of oil. Everyone knows that the best commercial real estate is somehow in the back pockets of S-Group or Kesko. We all understand that if Kesko keeps prices high and Lidl only operates where it happens to operate, then in small towns and certain neighborhoods, S-Group can set prices exactly where they want.
If the KKV were to intervene, we would all benefit more than we do from a bonus card. The only losers would be S-Group’s executives and the politicians sitting on their administrative boards.
Here is a good article; Arhi Kivilahti suggested that wholesale and retail operations could be separated. This would allow us to get the benefits of a large logistics chain and tight competition at the same time.
Well, I suppose these would be quite big undertakings for the KKV; it’s easier to just wag a finger at berry pickers so it at least looks like they’re doing something, without having to anger anyone who actually has power and money.
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Good grief, the second-hand embarrassment from that was intense.
Strategy’s share price also seems to have dropped by over a third since this “stroke of genius.”
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Now I’m getting curious. Let’s do an anonymous poll. Who admits to having updated at least one Wikipedia article?
- I haven’t updated a single article, and I won’t!
- I have updated 1-10 articles
- I have updated 11-50 articles
- I have updated 51 - 100 articles
- I have updated over 100 articles
0
äänestäjää
However, the salts should be removed from it. So we can’t exactly just spray piss onto the fields. But of course, that’s not a problem…
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Yep, as an “owner” who shops at S-Group companies less and less frequently, the image of “ownerless houses” and companies distancing themselves from their customers is further strengthened. The prices are high compared to competitors (restaurants, fuel, hotels, etc., etc.) while the quality really doesn’t match those prices. Those mentioned ABC lunch prices are one thing that causes astonishment: even a weekday lunch is typically already €16, and the food quality invariably makes me consider other options and service providers. I wonder if that green card is really so magical that people are willing to buy sub-par quality at overprices because of it?
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Tax-free restaurants certainly offer better value for money. And after reading a book on modern slavery, it’s somehow difficult to go to a Nepalese restaurant anymore. So perhaps with those S-Group places, it’s a case of it costing what it costs if you do it according to the rules.
Pitkä vuoro : Kuinka moderni orjuus juurtui Suomeen – Paavo Teittinen
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To put it a bit bluntly, Helsinki-listed small-cap companies are also, on average, of rather poor quality and far from the global elite. Secondly, the lack of liquidity itself limits that efficiency. Just try dumping or opening even a 100,000 euro position…
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If you’re making €100k lump-sum trades, then your investment assets are likely substantial enough that investing in the “hot dog stands” (micro-caps) of the Helsinki Stock Exchange might not even be worth it, except perhaps as a hobby. Alternatively, one can always buy in smaller tranches. With positions of that size, you really need to know what you’re doing anyway, as the exit can be just as laborious.
That’s certainly one way to look at it, but if you use something like the Huili rest stops as a benchmark, they are on a completely different level than ABC; significantly lower prices and much better food quality. And being owned by Tradeka, they’re unlikely to be operating in the gray areas of the law. But to each their own, as the saying goes…
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I personally started investing in Finnish small-caps in 2018 when Harvia went public. It was quite something; Harvia’s trading volume was very low at times and the valuation multiple was low (if I recall correctly, the P/E hovered around 12–14). When I bought more shares, I sometimes accounted for a surprisingly large portion of the daily volume, even though the sums were small.
Since then, the company gained broader investor awareness during the small-cap boom, and the trading volume rose significantly. The share price rose during the small-cap hype, fell sharply during the “small-cap hangover,” and has since risen again as the company has delivered profitable growth.
I personally believe that the market is more inefficient in small-caps than in large-caps for many reasons, but in the long run, the market corrects the small-cap’s share price in line with profitability and growth. (Of course, if the company doesn’t grow or remain profitable, the share price usually doesn’t perk up much either. )
I have a few small-caps on the Helsinki Stock Exchange under loose observation, and at some point, I might buy some of them. It is a very interesting market for a “DIY investor”; you can make some great finds.
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And there it is—the main reason why I’ve personally stayed away from “Hesuli” (Helsinki Stock Exchange) small caps. Generally, they are pretty crappy companies; of course, there are exceptions, and a skilled, diligent investor can take advantage of them. The best Finnish small-caps are in the hands of private equity or foreign owners. If a company is on the First North list, my first thought is always “I wonder what’s wrong with this one.” There’s not much you can do about that perception once it’s been formed. I’d rather turn my gaze toward the Nasdaq index, for example.
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