☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.mlEnglish · 1 month agoMichael Burry (the guy who predicted the 2008 economic crisis) returns with two big shorts: Palantir and Nvidiawww.wsj.comexternal-linkmessage-square9linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkMichael Burry (the guy who predicted the 2008 economic crisis) returns with two big shorts: Palantir and Nvidiawww.wsj.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to US News@lemmygrad.mlEnglish · 1 month agomessage-square9linkfedilink
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkarrow-up0·1 month agoMakes sense, so I guess from investor perspective it’s risky cause it’s value could drop even if the company itself is safe.
minus-squareloathsome dongeater@lemmygrad.mllinkfedilinkEnglisharrow-up0·1 month agoThe problem I see is that this bubble is insulated from reality because palantir is a monopoly-monopsony situation where palantir does not have a real competition and they mostly have one buyer (US govt) who are happy to funnel money into them.
Makes sense, so I guess from investor perspective it’s risky cause it’s value could drop even if the company itself is safe.
The problem I see is that this bubble is insulated from reality because palantir is a monopoly-monopsony situation where palantir does not have a real competition and they mostly have one buyer (US govt) who are happy to funnel money into them.