I don’t think you can, as these ramblings are not their own content type in the service. But if popularity grows, I’m sure @Yu_Gong will code one sometime 
While we wait, links to these ramblings and other writings will be posted in this thread - and hopefully, discussions will revolve around the themes.
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You read and hear a lot about central banks guaranteeing rises, etc.
Surely this is true, but I personally think the biggest factor here is that the situation was financed. Was it entirely thanks to central banks? I don’t know. In any case, it increased confidence and is certainly a big factor behind the sentiment.
Another point is that FAANG companies are doing well. The stock market is certainly viewed as a whole in terms of sentiment, and even though Retail or similar companies are wallowing at ATL levels, stocks are still seen as a good investment. This is the biggest difference compared to when we hit rock bottom. Back then, everyone wanted to get rid of all stocks.
I don’t personally believe that poor results from any company will trigger such an effect. And so, I don’t believe new lows will be seen as a result of these. In my opinion, it requires some kind of systemic crisis. I mainly follow the US housing market and related phenomena. For this reason, I followed the results of the first banks and reactions to them with great interest.
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Me and Sauli chatted again for a “podcast-worth” amount about corona, the economy and the stock markets:
Hopefully you enjoy it 
If you have a brilliant idea for a podcast, let us know, we’ll try to become more active with podcasts after the earnings season!
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Another absolutely brilliant podcast from @Juha_Kinnunen and @Sauli_Vilen! Personally, I’d really love an even deeper dive into the DCF model (which was touched upon in, for example, podcast number 18 “Valuation Methods,” if I recall correctly), but I’m not sure if there’s much interest for that among others) 
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Verneri could pick a topic from economic history to make an episode about with someone else. And even if this wouldn’t necessarily make everyone vastly better investors, interesting events should be plentiful.
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Thanks for the thoughts @Johannes_Sippola and @Johnnyboy! Not all podcast topics need to be “populist,” but of course, a wide potential audience would be a plus.
@Verneri_Pulkkinen could certainly be put in charge of episodes on economic history, from which we could get some anchor points for today. At the moment, I’m thinking of the Spanish Flu era and the history of central banks 
A podcast might not be the best tool for a more detailed discussion of DCF 
It might be better if there was, for example, a video from the screen where things could be shown and demonstrated. But let’s think about it anyway!
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50 shades of swans, black, white, and those countless shades of grey. As summer approaches, one could fold a tinfoil hat and, with a twinkle in their eye, delve into the effects of different types of shocks on various sectors of economic structures, both historically and in speculative future scenarios. Where to look for triggers for the next real crisis?
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I’m quoting myself from the Inderespodi thread:
I’m a heavy user of Inderespodis, and sometimes I return to certain episodes and themes again and again. Here are a few topics that quickly come to mind, @Erno_Hilvenius, that you could cover in the pod:
- Cash flow statement (there was an excellent session on the balance sheet at one point)
- Strategy, brand, and business model of the company being analyzed (e.g., good discussions about management and owners)
- Scalability (of course, partly related to the previous business models)
- Growth/small companies and the special features of investing in them
- Competitive advantages and their analysis (many competitive advantages would probably deserve their own episode)
- Products/services of the company being analyzed, their quality, and its impact on investing
It’s great that Kinnunen has chatted a bit again. I’ll probably oil the deck boards tonight, and I can listen to the chats at the same time. And then, let’s get Inderespodi production even more active between these earnings seasons. It’s truly excellent content all around, and Inderes has several good speakers who are a pleasure to listen to. Kinnunen’s chats seasoned with Vilen’s ramblings are probably my favorite pair, but Mikael, Petrit, Atte, and other partners can also visit the pod more often for my part.
And don’t worry, remote execution won’t significantly degrade the listening experience. At least pod 67 was absolutely solid, even though the gentlemen were in different locations.
Edit:
@Juha_Kinnunen, please also consider an Inderespodi pilot where a comprehensive report would be discussed in a pod-style format. A written output is always good, and pictures/graphs are illustrative. But the analyst’s way of verbally describing the case certainly adds more visibility to it, and in a Comprehensive Report pod, things could also be discussed more in a “on the one hand, on the other hand” style, which is fruitful to listen to but not very convincing in a written analysis. So, if this sounds reasonable, I think it would be a damn good addition to the catalog. One could choose whether to enjoy the comprehensive report on paper or as a relaxed discussion (perhaps interviewed and focusing on key issues) in a pod. I, of course, would consume both. 
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That would be really great! These would work well if they were, for example, half-hour sessions, mainly discussing the company’s fundamentals, history, competitive advantages, market, etc., and hardly any current valuation, so they would have value long after, like a comprehensive report. And if these were to set aside the 1-year target a bit, the focus could be a little further away, 2-3 years out.
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Same lines. Now that Kinnunen’s ramblings are in question, I’ll throw in Talenom as an example, whose podcast content could be directly picked from the table of contents:
- Company description and business model
- Investment profile
- Industry and competition
- Strategy
- Historical development and financial situation
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Very good idea. And those could also be behind a premium membership in the same place as the company report. I support it 
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We’ve discussed and brainstormed podcasting Extensive Reports before. We even tested it once, but decided not to publish it. We concluded that we couldn’t add clear value compared to the usual InderesTV format.
Would it help if we also took the videos of the extensive reports as audio to podcast environments like Spotify, iTunes, SoundCloud, etc., or if we expanded the set of questions in extensive interviews? 
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What do you mean by extensive report videos here, @Erno_Hilvenius?
I somehow believe that the Extensive Report podcast would bring good added value to investors. It is, after all, a demanding concept in the sense that podcasting always takes time, and few can deliver a monologue of Jari Sarasvuo’s level. Thus, it would probably be good to have two people in the session so that an interview and challenging would take place. Of course, I have nothing against an analyst going alone into a foam booth with their extensive report and thinking aloud about their extensive report, “in their own words,” so to speak.
If I think about what kind of Extensive Report podcast I would like to hear, it would probably be one where a couple of analysts discuss the case very thoroughly in an Inderespodcast-style. The “counter-argumenter” of the session would challenge the analyst’s view and try to dig out the weaknesses and risks of the report and the case. The “counter-argumenter” could, so to speak, have a report highlighted with a marker in hand and ask what this and this point concretely means, how credible this claim is, and so on. If the counter-argumenter were an expert in the same field, a discussion could also be held on peers, the market, etc. In a way, you would be doing to the analyst what you Inderes people do to management when you interview/challenge them (cf. an older Inderespodcast where Juha and Mikael went through this).
One very appealing scenario would be one where two analysts compare companies in the same industry, relying on extensive reports completed simultaneously. Business models, strategy phase, accepted valuation multiples, etc., could be compared. But such situations are certainly rare when the stock market is so small, peers are scarce, and extensive reports are scheduled based on many different factors.
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Thanks for the insightful comments! We always cover extensive reports on InderesTV, and normally in a bit more depth (for example, the most recent one on Raisio Raisio: Terveys on kaiken A ja O - Inderes). Criticality is naturally a key part, whether it’s a video, podcast, or written report - remote interviews do make the dynamic a bit more challenging. 
We aim to open the video with the most essential things about the company, and the report itself is the actual meat.
From a production perspective, podcasts are kind of like videos without the picture, meaning that in terms of workload, instead of a separate production, it’s realistic to think about the structure of the current production. Do you think we could achieve the same result by covering companies more extensively on InderesTV and turning the videos of the extensive reports into podcasts? More in-depth coverage could be achieved with relatively little effort.
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That suggestion of a longer/more in-depth video for the extensive report, and also offering it as an audio track, is a good one. I myself already enjoy most of InderesTV’s analyst interviews, as well as Heikkilä & Vilen and similar content, almost without exception as just an audio track, and it works perfectly well for me, just like a podcast.
If this were a production-wise sensible way to implement the Extensive Report podcast, I would still encourage, even in this scenario, to significantly broaden and deepen the interview. It would be great if these videos/audio tracks followed the content of the extensive report and sometimes delved into details, even explaining things in simple terms. I understand that this might become a bit heavy when making long videos, but as an audio track only, a long duration and even a slow pace work excellently.
But to sum up: any expansion of production is a plus, and the more often one can choose whether to enjoy the output as a video or a podcast, the better.
Edit: Lest we go completely off-topic, Inderes should absolutely launch its own “Kinnunen’s ramblings” monologue for the European champion as the crown jewel of all productions. This should definitely be done in the previously mentioned Sarasvuo-style. The topics should only and exclusively be subjects that interest the speaker themselves. No trying to please the listener, but solely the European champion’s own thoughts, ideas, and interests. Those who aren’t interested can simply turn off the radio. Duration at least an hour per shot.
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@Erno_Hilvenius I support the idea of having extensive reports available as audio recordings. It would be nice to listen to these on a run, for example, via Spotify. Currently, I sometimes watch them in video format while running, so an audio track would be more pleasant to use.
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Here’s a big vote of support for the audio option as well. There’s significantly more time in the day for listening (all car trips, running and walking, putting children to sleep, etc. etc.) than there is for reading that requires concentration.
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First, my humble thanks for the flattering thought 
As a heavy consumer of podcasts (and audiobooks), I am indeed a supporter of monologues, but unfortunately, I’m no Sarasvuo. The result could be a rough stone if I were put alone in a booth to chat for an hour. I usually get tired of my own voice even during normal interview answers, and it’s almost impossible to create “dynamics” and exchange of thoughts alone, which is usually rewarding for me and presumably for the listeners.
In other words, I don’t predict a bright future for the concept, but when things calm down and a suitable topic comes to mind, I could try that too. The parachute is limited to lost time, and I guess some experience would be gained anyway. And of course, it wouldn’t be the first time my prediction would go wrong 
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This is certainly true in the sense that if you don’t enjoy the task, a monologue won’t really work out. Or at least, the topic has to be so incredibly interesting that you can manage to voice your own thoughts. But at least give this a chance and leave the quality assessment to us, your listeners.
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Now that the worst of the work rush is over, I’ve had time to write again!
So, here are the latest musings for June, where I try to unravel the secrets of the balance sheet. The task proved difficult, as a broader examination of even the first theme (activations) swelled the text like large acquisitions swell the balance sheet. Those textbooks weren’t necessarily forcibly stretched after all, as it’s essential to understand the holy trinity of the income statement, balance sheet, and cash flows for the whole picture
But there is still an overview and one more detailed examination, and the general logic might become clear through those few examples. We’ll return to the topic later for other themes, if there’s interest.
Feedback is welcome, and I’m still taking topic requests! Summer vacation is also approaching, which is a good time for inspiration. For the first week, though, I think I’ll try to wean myself off the stock market 
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