Having traveled for work every week - sometimes several times a week - for years, this guy gets it and he’s absolutely right.

Ruotsin hallitus perusti tuhlauskomission (”slöserikommission”). Sen tehtävänä on perata valtionhallintoa ja tehdä ehdotuksia tehottomien menojen karsimiseksi. Ensimmäinen osaraportti tammikuussa 2027. Seurataan mitä ruotsalaiset löytävät. svt.se/nyheter/inrikes/tidop…

Recent Lync-type anecdotes continue to reinforce why I remain bearish on $Kamux, even after its ~90% decline from the ATH: I recently visited the Kamux store at Lempäälä Ideapark. Interestingly, its main used-car competitors: K-Auto and Rinta-Jouppi (with Saka also nearby), operate under the same roof. I spent around 20 minutes looking at the cars, and here are my takeaways: 1) Zero engagement from Kamux’s sales staff One salesperson was helping a customer, but the others made no effort to engage with me while I was browsing the selection, which mainly consisted of mid-priced (€20k–35k), less than 5y old cars. 2) Very similar offering across competitors The selection looked broadly similar across all dealers, with no meaningful differentiation in either the cars or the financing offers (around 9% interest across providers), despite financing being where much of the higher-margin profit is generated. So where is the competitive advantage? I don’t see it. Kamux certainly has advantages over fragmented private sellers, but how does it differentiate itself from competitors like Saka? This is especially relevant given the continued focus on the still-unprofitable international operations in Sweden and Germany. If customers see little difference and the sales experience isn’t superior, the business risks becoming a commodity. That’s rarely a recipe for attractive long-term returns.