I’m actually curious about that one as well. I would’ve expected them to just get a bailout since the government is so invested in them. I guess if the dollar itself collapses as a result then the US could be in real trouble.
I don’t understand investing very well, but Planatir’s price to earnings ratio is 587. Generally the P/E ratio of a company that investors think is going to grow a lot is around 30. NVidia is at 55. That probably means that Planatir is extremely overvalued.
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.
I’m actually curious about that one as well. I would’ve expected them to just get a bailout since the government is so invested in them. I guess if the dollar itself collapses as a result then the US could be in real trouble.
I don’t understand investing very well, but Planatir’s price to earnings ratio is 587. Generally the P/E ratio of a company that investors think is going to grow a lot is around 30. NVidia is at 55. That probably means that Planatir is extremely overvalued.
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.