Probably MAGMA, although I’d rather leave Microsoft out instead of Netflix 
4 Likes
Ääh, my mistake. Carry on…
These shirts do seem really high quality and appear to be sustainably made in some way, if I read the inside of the shirt correctly. They’re great for wearing and going out in, and they look good. 
And thank you for thinking I’ve earned this surprise package! 
If Plasto (Plasto) goes IPO, at least we’ll know where it ends up. 
28 Likes
The Pure Waste logo seems to be shining from the neck, and in my opinion, their products are high quality and they are at the top of Eetti’s (Finnish Association for Fair Trade) Sustainability Ranking 
4 Likes
That was a great package! Congrats, Rookie!
I’m also dreaming of my own fan package 
It would be nice if Inderes would at least set up a fan shop for us HC fans
8 Likes
A chance for Masters to buy merchandise from the lounge! An Inderes coffee mug would be great!
10 Likes
Everything is free in the lounge. You just take your own swag bag from next to the cloakroom while you wait for the driver.
19 Likes
It seems the Lounge offers the best views for buying John’s (not Sippola, but the lesser apostle) dip, even though we’re now ditching fiat money and some will starve before having to peel their own potatoes.
"If Fazer were to go public now, it would be the largest new listing on the Helsinki Stock Exchange in many years. The previous large listing was Kojamo, which went public four years ago, with a market capitalization of over two billion euros at the time of listing.
Fazer would likely fall into the category of mid-cap companies on the Helsinki Stock Exchange, or at best, just barely make it into the large-cap group, which has a lower limit of one billion euros in market capitalization.
Mid-cap companies, on the other hand, are classified as those with a market capitalization of over 150 million euros but less than one billion. Small-cap companies fall below the 150 million euro limit.
The most valuable food company on the stock exchange is the brewing company Olvi, with a market capitalization of exactly one billion euros. It could perhaps be considered a benchmark for Fazer.
According to Varis, Fazer’s market capitalization could be slightly below that, in the range of 700–800 million euros. The value of food companies can be estimated by multiplying their operating profit by a factor of 15–20. In faster-growing businesses, the multiplier would be over 20.
For loss-making growth companies, the valuation would be based on revenue instead of operating profit.
In addition, multipliers related to cash flow and other income statement figures can be used as a guide."
18 Likes
Friday was indeed an ugly day for my own portfolio, it was probably one of the weakest, if not the weakest, in euro terms. Fortunately, I’ve had the whole weekend to prepare for the bloodbath continuing on Monday, as US indices took the worst dives after Europe closed. Once again, I used my war chest too early, as I had strong faith that Sepe couldn’t just plunge through the 200-day moving average after nearly a 2-year break, but the market always surprises. Well, next week I’ll do the last top-ups and then hold on. The valuations of the companies in my portfolio are moderate enough that I’m not worried about them in the medium term, but they will still come down with the indices, and it’s always a bit frustrating when I could have filled my portfolio cheaper.
The decline has been so sharp that at least a small bounce is likely in sight; I’m certainly not moving to the bear camp yet. I think there’s an overreaction to the Fed’s tightening, which will prove to be milder than currently feared because the market is already “pre-emptively curbing” itself.
85 Likes
The insane crypto bloodbath continued until Saturday morning. At least some kind of bounce came from that bottom. It’s hard to see a similar drop next week, because even the evening paper declared a stock market crash.
11 Likes
Today, I read Seppo Saario’s book “Invest in Hyzon and get rich!!!111”, well… actually “This is how I invest in stocks - a guide for young people”. It’s Saario’s familiar quality, well-suited for a Rookie (Alokas) and even a slightly more experienced investor. This “youth version” might not offer much new to the seasoned pros and veterans, although on the other hand, if an experienced investor wants to remind themselves of the basics, why not read this. Compared to Seppo’s classic work, this version simplifies the basics more, but for a brand new investor, it certainly offers a suitable challenge.
I already know something about investing, but I still need reminders. I tend to live my investing life too much in these moments and these years, thereby forgetting history, even though history is not a guarantee of the future. I often notice that especially experienced investors tend to look at things from a distance, remembering history and at the same time perhaps being able to think instructively about what various scenarios the future might bring. Experience comes with time, but especially if you don’t have experience, reading about history, for example, is not a bad idea.
Even though I don’t have a lot of knowledge in my head yet, I sometimes fall into the trap of overthinking and perhaps thinking about too small details, even when I don’t always have the big picture under control. Realizing this again and again, I focus on the very basics by reading, for example, Inderes’ Investment School articles.
In the Investment Psychology thread, I discussed how I used to check Nordnet’s overview too often, which caused stress and no significant benefits. My main goal in investing is very long-term, so why would I stress about a single investment year or get nervous by constantly glancing at stock charts. Listening to Seppo and other experienced investors always makes you realize the importance of time, especially when it comes to investing. This knowledge always brings me a certain peace.
Here are a few thoughts that I think about more and more often, which came back to mind while reading that book. I have improved my thinking a lot, but there is still a lot to do regarding the basics. I also think that if one day I have the basics really well under control, and I manage my emotions and rely less on gut feelings, then in the long run I will certainly do well. 
It really was, the family was already admiring it, and thank you for the congratulations.
41 Likes
I posted a query about this in the “Buyouts from the Stock Exchange” thread 22 days ago.
No one wiser bothered to compose an answer for me. 
(But at least the poll results are there.)
1 Like
I’d like to be bullish on crypto, but a voice in my head says, “don’t get too excited.” I can’t say I don’t trust crypto, but I have a theory that we’ll see a lot of movement in crypto over the next 10 years. A lot needs to be done for Marjut, 64, in Finland to get into crypto in her daily life in terms of reliability. I mean, even though crypto is more popular than ever (as far as I know…?), it should start appearing more in everyday life. In banks, shops, etc., so that people who are not interested in technology can get a grip on the scene. Marjut, 64, might even have problems using a computer, so getting her interested in crypto after basic PC adoption requires more everyday news and information. How could Bitcoin be used in everyday life? How could, say, Iotex be used at work or in leisure time?
How to bring crypto into everyday life? How to weave crypto into shopping trips and bus rides…
5 Likes
I thought I’d highlight a forum thread that I can recommend everyone read. This thread is like a mix of an art gallery and a think tank, and the result is both an entertaining and thought-provoking reading experience for investors.
When it comes to companies to hold for a long time, there’s a surprisingly large number of different choices written into the thread. On the one hand, it’s fun to read what kind of stocks fellow investors have come to trust in the long run, and what kind of stories are behind the stocks. One has held a stock more for ideological reasons, another has inherited a company that has been in the family for a long time, and a third has decided to enjoy dividends until the very end - the reasons are endless. The variety of companies and justifications is very pleasant to read through.
The other side is then more educational. Everyone surely has their own idea of what kind of stocks should be held for a long time and what “long” even means. Reading the thread exposes you to different thoughts and views that are useful to go through. Why does this guy want to hold a dividend stock when it doesn’t even grow? How does he trust the pharmaceutical sector so strongly? Well, just like people, investors and owners are also different. Sometimes it gets forgotten in the market turmoil, when too much focus is put on why some broker sells stock X or why some stock is priced the way it is. We’re all on different pages.
Inderes certainly has more long-term investors on average, for whom the comments and justifications found in the messages of that thread will not be new things. But it is still a good refresher on what it’s like to be a long-term owner - and why it ultimately pays off.
25 Likes
You have a card that currently uses the euro as its payment currency. It’s no more complicated than replacing the euro with some cryptocurrency. Physical cryptocurrency makes no sense, because it could perhaps be tracked, and thus a large user base would disappear.
Perhaps someday when crypto comes under some kind of regulation, we can start to think that it would be a proper medium of exchange. For now, when anyone can set up their own meme coin (meemikolikko) for buying JPEGs, I don’t see fiat currency disappearing very quickly.
2 Likes
Here I am mainly thinking about the technology behind coins and its utilization in everyday life.
Today’s must-dos are done: skiing and voting. Others, go do them too.
24 Likes
I disagree with this. As long as you don’t sell anything, you haven’t lost anything. Or do you mean that the stock prices will never rise above the purchase price again?
9 Likes
As long as you don’t sell anything, you haven’t won any money either.
2 Likes