Inderes Coffee Room (Part 6)

Beginner’s luck has already lasted for 20 years. I started investing in 2002. This year is looking good too, YTD +7%

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At the end, there’s always a rush like…
Well, you probably know.. :face_without_mouth:

It’s pathetic watching these Finnish current affairs programs. The interviewer just asks questions straight from their notes and doesn’t actually challenge what the interviewee says. :tired_face: :imp:

I estimate that since you have beaten the index by 10-20% annually as you say, you have, at the very minimum, at least 20-folded your initial capital since 2002. This is assuming that the benchmark index is just the OMX Helsinki without dividends and that you would have outperformed the index by only 10% per year.

Great job, an extremely strong performance.

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What kind of margins do green energy companies typically operate with? I want to create a brief overview of green energy companies in the Nordic countries.

At least considerably weaker if the windfall tax materializes

Here’s a Spanish company:

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@Pohjolan_Eka Moving part of the QT thread here. I have previously suspected Kamux, among others, of this “revenue/profit optimization,” or at least I personally can’t think of why all internal revenue wouldn’t be eliminated:

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Musk is apparently capable of self-irony. This year we will see whether the investment goes up in flames or back into Musk’s pockets. :thinking:

https://twitter.com/elonmusk/status/1628117788857405461?t=-ImHnVrUA2HRyZSZH3IsDQ&s=19

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I wonder if it really is self-irony.

Musk is not the first ultra-rich person who feels they are missing something. Twitter was never a financial investment. Musk has clearly had influence through Twitter. It has been visible in both the Tesla and Dogecoin prices. He still has influence and 44 billion dollars’ worth of real power.

Twitter is a media outlet where the owner has a lot of power. So it’s no wonder Musk was hanging out in the Super Bowl stands with Rupert Murdoch. Murdoch is known for advancing his political agenda through the media he owns and sometimes even using effective means to influence public opinion. The political orientation of the men seems quite similar… An apprentice?

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Maybe I just have the Alokas golden touch nowadays? :sunglasses:

Kesla announced yesterday that it is postponing the release of its 2022 financial statement bulletin by a month. According to the company, there is no drama involved; it is merely a technical arrangement.

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A solution for Mäkynen.
https://twitter.com/Jrvinen_J/status/1628097015996448768
It’s that simple. Productivity will see brisk growth at the same time.

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Oh, a “technical reason” indeed, when they notice just a day before the release that the financial statements aren’t ready after all. The dog ate the financial statements? :joy:

When the auditor changes, there might be a few aggressive negotiations over previously recorded discretionary items :wink:

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You really are Northern Negative. :frowning:

Kesla is a good company if:

and the other downsides. :cowboy_hat_face:

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I don’t deny this, because with a concentrated portfolio, you really have to be acutely aware of the risks; if a risk blows up in your face, the portfolio drops by double-digit percentages. Although “false positives” occur frequently and many good investment opportunities are missed, so far every major hit to the portfolio could have been avoided if eyes and ears had been wide open. You shouldn’t be making B-grade investments anyway; you should only jump in when there is a lot of money on the table with the lowest possible risk :wink:

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Imagine what kind of exciting experiences you would have had with Hyzon, for example, if you ignored the negatives like I do and only saw the opportunities and the positives. :smiling_face_with_three_hearts:

I have to say, cryptos are the ones that really provide the thrills, and they make up about 0.4% of my total wealth. Although I haven’t touched them in a long time and don’t really know how they’re doing. :smiley:

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You inevitably get tired of watching a sinking row of losses and waiting for the final crash at some point :cowboy_hat_face:

Truck Crash GIF - Truck Crash Test - Discover & Share GIFs

You’re talking to a guy who was once 100% invested in Talvivaara. I think I even made a profit on that investment, at least according to my own memories. I’ve definitely had my fill of the thrill of unnecessary risks for the rest of my life! :rofl:

@Pavel
This reminded me of a classic risk for Finnish investors: Beavers

Additionally, sometimes it rains too much in Finland :angry:

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FYI: The greedy dockworkers are still on strike, stalling 90% of Finland’s exports and imports.

https://twitter.com/InvestmentTraps/status/1628038467551735808

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