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.
Yeah that’s my understanding of the situation. For all intents and purposes it’s a government owned shop that does mass surveillance for the three letter agencies.
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.
Yeah that’s my understanding of the situation. For all intents and purposes it’s a government owned shop that does mass surveillance for the three letter agencies.