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2021 Strategy Series: Palantir Technologies - PLTR (Post 2) + Thoughts On Investing

Warning: This post is not for you if you do not have an open mind. Aside to the regulars readers, I don’t know what came over me recently. Maybe I am older now. So I am more confrontational. If I think I am right, unless proven I am wrong, then I think it is very important to stand by what I said. On my last post, there are some hate coming from various channels on my observation and opinions on Palantir. I did not expect this much hate from my current post as compared to some of my previous posts. Thus, I felt its important to clarify. But I am not trying to clarify to justify my piece. It is for (1) I think I need to record this down as a post for myself to remember and (2) I think its important to let people understand that ignorance is NOT bliss when it comes to investing. Then again, if you are don’t mind being an average, you can continue to think ignorance is bliss. And then again, if you want to be an average, why not just focus on the index funds or Ark Invest? Don...

2021 Strategy Series: Palantir Technologies - PLTR

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Vested with an initial price at US$22.25. This company came out of nowhere, went on a direct listing and caught everyone by surprise. I remember the marketing was that this company helped the US government catch terrorist . At least that was what I remembered. I was a bit turned off by it. This made me lose out on looking at this company at the initial very low prices. Nevertheless, after an extensive review on the company, I decided that this is a company that one must have for a long-term investor. Part 1 - What the Company Does? So the company is Palantir Technologies . I believe a lot of people do not invest in Palantir because they do not understand their business and product. I agree it is hard to understand the products they sell. Thus, let me use some human language to explain the company to you. I will leave the product to this extensive piece written by Sgstockmarketinvestor. On the other hand, let me explain about the company to you. It sells 2 platforms – G...