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Palantir

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Posts posted by Palantir

  1. 17% up for the year. Yay. I feel the concentrated vs diversified debate is silly. Some stocks are meant to be concentrated, if they are great compounders, others like your net-nets, spinoffs etc. should be held in basket  portfolios. If you do a core-satellite strategy, you can have your cake and eat it too!

  2. I would welcome the SEC allowing Berkshire secrecy on all big stock buys for 2+ years. Keep the copycats in the dark. Kinda like how short sellers don't have to disclose their positions.

     

    Why should the SEC give preferential treatment to Warren? Because you're a fan?

  3. I'm taking Level 2 in June. I haven't taken an exam since 2012 so hopefully I can brush off the rust.

    I definitely don't want to take Level 2 again. I need to pass in June.

     

    Any insights by people that passed Level 2 besides end of chapter cfai questions?

    One person told me ace ethics, equity and accounting and you should pass.

     

    What helped me was the "brute force" method. I read and reread every single chapter about 3x. First read through was a general read, second time in excruciating detail, then a third time to go over anything I missed, then did EOC and moved on to the next chapter. But I am dense, and a slow learner, so more intelligent people can find easier ways of studying.

  4. Anybody selling BRK? Looks to have hit 1.5xBV, which seems to be many people's estimate of FV...

     

    Certainly isn't mine ;)

     

    I think it's on a mid-teens look-through PE which given the quality of the businesses and the capital allocation is absolutely fine by me.

     

    So what is your estimate of FV?

  5. I think the move is a good idea, since the child is a toddler, it will be an easy adjustment. I think if you are doing well in your career you will be happier, and it will spill over to other parts of your life. If you are an ambitious person, then you will want to reach your full potential.

     

     

    Plus Philadelphia has really bad public schools.

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