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Palantir

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Posts posted by Palantir

  1. I did just that and haven't got that credential from them as of yet, im in Canada...  so i wasn't going to risk not being able to get in so i haven't booked anything...

     

    but i also just learned that apparently if you get the annual report you can just request the credentials at the door...

     

    Gary

     

    Don't do that...they take more than a week...book your stuff. Apparently it's not hard to get credentials.

  2. At the end of the day you can argue polar opposite answers to this question with a lot of intellectual underpinning for either side. I'm someone who believes the markets would probably be just as good at turning the wheels of capitalism with a lot less liquidity/volume and that a marginal value investor (or marginal 10,000 value investors) should probably not credit themselves for being responsible for more efficient pricing.

     

    I do it because I like it, but I believe it doesn't add a damn thing to society. You can believe something different and rationalize it all kinds of intelligent ways. To each their own.

     

    This.

     

     

     

    Just to stir the pot ..

     

    If you just buy/sell paper you contribute squat. You may win or lose, but it is a zero sum game.

     

    If you buy new paper/stock you do something useful. Your $ got spent generating some economic activity.

     

    If you used wealth to build something you did something useful. That new mine in what was a cow pasture.

     

    But if you work on Wall Street, 90% of you add zero value  :D .... except to maybe some fine clothes sellers.

    If you have the brains to be a top analyst or quant, you also have the brains to set up/run companies or design new & better products. So why did you settle for being a waiter, & reliance on a bonus (tip).

     

    Needless to say .. not a terribly popular view!

     

    SD

     

    This too. I think it is natural for investors to attribute a "higher purpose" to their work, sometimes its healthy, but sometimes it borders on narcissim where you elevate your field because you see yourself in it, like Mr. Blankfein, "I'm doing God's work", or Larry Page, "Better give money to Musk than charity". Why? Because he sees himself in Musk, no surprise giving it to Musk is a great idea.  :)

     

    *runs away and hides* :-X

  3. You may not individually provide for this, but by being an intelligent investor, you become part of a system that makes this possible. Otherwise, companies like Google and Walmart would have to rely on money that they were able to raise privately which probably wouldn't have been nearly enough for them to have generated the scale that they've achieved.

     

    When has Google raised equity after its IPO though? I do not believe their IPO was driven by need for cash either...but the fact that you have to become a public company once the number of shareholders reaches a certain point.

     

     

    Furthermore, value investors are not really investing in these fast growing young tech companies.

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