Like, for example, the sales of Outokumpu that occurred in the same time frame at a share price of around 6 euros? And a bit earlier, sales of the same company at a price level of around 10 euros? Telia was also sold in 2018 for over half a billion euros at a share price of around 4 euros.
But of course, you can always look for the worst moments to buy or sell. And it’s the easiest thing in the world to always be there after the fact, saying when it was worth buying and when it was worth selling.
By the way, Solidium’s average purchase price for Nokia looks very reasonable. Not compared to today’s price, but surely many or most of the posters on this forum have higher acquisition prices.
During Suri’s time, a few of these visits were made when people wanted to hear explanations, and now we’re off to hear explanations again. The previous visits led to increasing the stake, I wonder how it will go this time…
The much-maligned Solidium, driven by Nokia, has beaten the index since its inception and is also wiping the floor with the model portfolio, driven by its performance in recent years!
We’ll all be Nokia millionaires soon enough with the state looking after us!
