I wonder if it works the other way around as well—meaning if you realize more gains than the system assumes, do you get them tax-free? 
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Finnish companies quite often claim that a share buyback program cannot be initiated because they cannot buy enough shares from the stock exchange. Smartcraft shows how it’s done if the will is really there:
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Bureaucratic Finland struck. The situation itself is quite understandable; the spread of diseases is a threat to Finland’s nature, and the rules aren’t pointless. However, you can’t help but think this is total absurdity.
Processed timber is being imported to Finland. The product is from the USA, and let’s just say it’s a storage container made of hardwood.
In Finland, there are specific ports where timber can be imported. Naantali is not one of them. The forwarding agent messed up, and the goods arrived at the wrong port. The damn things even made it onto wheels and from there to the importer’s yard.
The Customs decision: the goods must be burned under customs supervision 
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Listened to Verneri and Antti’s InderesPod 249. Top episode, top guys on the mic. Unfortunately, my conclusion from the content is that in the end, my only assets will be a barrel and suspenders
Everything is expensive, way too expensive except maybe emerging markets, but there ownership rights are eventually wiped out completely.
And I’m certainly not blaming the messengers for the good historical breakdown; nothing you can do about the facts 
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And they still claim the system is lax! That’ll teach importers to behave that way.
The sentiment for Faron is starting to look right; the thread says the stock is worthless, they’re hoping the CEO gets fired, and they’re dreaming of it being taken private. Also, there are a lot of posts in the thread but very little substance. Usually, these have been good buy signals on the forum.
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Euroclear recently published a report on share ownership in Finland. The report is based on statistics from Euroclear Finland’s book-entry system for the year 2025.
Here are a few highlights, along with a couple of my own comments below the actual content. At the end, there is also a link if anyone wants to order the report (for free) themselves.
Share Ownership in Finland 2025
Share investing has become established in Finland. At the beginning of 2025, the milestone of one million shareholders was surpassed. There were approximately 2.5 million book-entry accounts, and at the end of 2025, there were 443,672 equity savings accounts. The average wealth in equity savings accounts was about 6,700 euros per account, and wealth grows clearly with age.
- This indeed corresponds to the general distribution of financial assets: the elderly are the wealthiest, as they have had more time to accumulate wealth than the younger population.
Of the shareholders, 64.8% are men and 35.2% are women. Men’s average account wealth is significantly higher than women’s, but on the other hand, for example, the number of women’s equity savings accounts and their wealth grew slightly faster than men’s in 2025. In accounts for minors, gender differences are small, meaning that share saving for children, which happens mostly through parents, is not tied to gender.
- A great trend regarding minors. It may help balance the gender distribution of ownership in the future.
In shareholder numbers, there seems to be at least some level of negative correlation between a share price decline and the change in the number of shareholders: shareholder numbers often increased in companies whose prices had fallen, which suggests value-based behavior among retail investors.
- Here, I recommend taking a look at the graph found in the report itself. Visually, a downward regression line could indeed be fitted to it, with the change in shareholder count and market value as variables.
Foreign ownership in the Helsinki Stock Exchange is growing: The share of foreign investors in the total value of the Helsinki Stock Exchange rose to about 54%. Foreign ownership was particularly concentrated in technology and biotechnology companies.
Regional differences in ownership remain large: Share investing is most common in Åland, where 34.3% of the population owns shares, while in Eastern and Northern Finland, the figure often remains at 10–11%. Regional differences seem to change slowly and reflect demographic structure, income levels, and the concentration of business activity. For example, in Uusimaa, the share is about 20.5%.
The report can be ordered here: https://www.euroclear.com/finland/fi/Osakeomistaminen-Suomessa.html
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This seems to be a recurring theme in several company threads, such as Optomed and Qt. Many bio, pharma, and health sector companies have taken a ~-20% hit right at the start of the new year. It would be a shame if, following these disappointments, companies were bought out from the Finnish stock exchange because people didn’t have the patience to look toward the future.
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Owning shares in loss-making small-cap pharmaceutical companies, much like in small mining companies, is investing with negative expected value, and if you are buying lottery tickets, even a small win is always an excellent thing. That is why, in these companies, practically any deal or the sale of the firm abroad would be clearly positive news for investors. It is hard to imagine an acquisition or partnership agreement so bad that it could actually destroy shareholder value.
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ByteDance has created a couple of fight scenes using AI: Tom vs. Pitt. Quite a disruption might hit the film industry as well.
Screenwriter Rhett Reese, who wrote all three Deadpool movies and Now You See Me: Now You Don’t , shared the first videowith an alarmed message. “I hate to say it. It’s likely over for us,” he lamented.
https://ew.com/viral-ai-video-tom-cruise-fighting-brad-pitt-leaves-hollywood-flabbergasted-11906898
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Week 7 was the weakest of the early year and a continuation of the portfolio slump that has now lasted for a month; why did I go and touch that health tech crap, at least looking at it from this dark side of life. It’s starting to look strongly like this year could develop into a mirror image of last year… tomorrow SSH is out with its financial statement release, and they already gave a negative revenue warning on the very first trading day of the year, so if the cooperation with Leonardo doesn’t go as smoothly as expected in advance, it will mean a rough ride for my portfolio… hrrrrr. 
Note: The new Year of the Fire Horse begins tomorrow in Vietnam (and other Asian countries following the lunar calendar, such as the largest and most important of them, China, meaning their stock markets are closed all week).
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The product is from the USA, and let’s just say it’s a storage container made of hardwood.
I’m guessing an oak bourbon barrel 
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I wonder when I’ll dare to go into the dividend thread and ask why people talk about share buybacks as a distribution of profit, when it’s clearly an investment in the company’s current business, just as acquisitions are an investment in another company’s business—and that’s not a distribution of profit either.
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@Omavaraisuushaaste aka Esa Juntunen is switching to index investing 
As I reviewed at the beginning of the year, I didn’t reach my goal, nor did I beat (or even keep up with) my benchmark indices over the last six years.
This leads to only one conclusion – it’s time for me too to switch to being an index investor.
I haven’t made a strategy for index investing yet, but today I’ll analyze why I wasn’t able to beat the indices. And how I plan to make the transition from stock picker to index investor and why.
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Europe’s ten largest companies by market capitalization
https://x.com/BrianFeroldi/status/2023428767285158280
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The UK is apparently not included. 
At least AstraZeneca (€269 bn) and HSBC (€247 bn) from there should be on the list (Switzerland is included, however, so the list is not intended to be an EU-only list).
Edit: Additionally, Novartis has been forgotten from that list of Swiss companies.
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This is truly sad. It means a lot to me that the people on screen are real, but it’s absolutely certain that everything that can be done cheaper and easier will happen, in movies as well as in music. Human creativity and appreciation are being put to the test.
Maybe one has to go to a real theater.
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In a few years, Optimuses will be acting in theaters and human actors will have been given the boot…
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This video and also the amazing Darth Vader videos found on YouTube are many times better than what Hollywood, which has drifted into woke madness, has offered for a long time. Hollywood has mostly produced very cheap and poor goyim slop intended for consumers.
This is where true storytelling and great video art can begin when power is taken away from certain movie studio owners—those fond of shekels.
Perhaps GOT will get a sensible ending since the fat old man GRRM couldn’t get it done…
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Today is once again a bit of a thriller as Eero and Ilkka chase a medal in the Nordic combined.
11:00 AM Men’s Nordic combined, large hill: Eero Hirvonen , Ilkka Herola , Wille Karhumaa
2:45 PM Men’s Nordic combined 10 km: Eero Hirvonen , Ilkka Herola , Wille Karhumaa
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