Aug. 28 at 2:44 PM
$PLTR By the bears’ logic, why is gold approaching
$5,000 an ounce? It must be “overvalued” and pricing in the next 20 years, right?
If you cannot understand why, the market will teach you an expensive lesson.
A company’s value cannot be determined solely by its financial statements or a valuation formula. You must consider the scarcity of its products and its key geopolitical importance.
Why did
$INTC rise nearly eightfold from around
$18 last July? Because Intel is the only U.S. company capable of developing and manufacturing leading-edge logic chips at scale. That is scarcity. That is strategic value.
The same applies to
$PLTR. Palantir has become a critical technology partner to the U.S. military and intelligence establishment. You cannot value a strategically indispensable company by applying the multiple of any software business.
If you cannot see that and keep shorting
$PLTR because it “looks expensive,” don’t be surprised when you lose money.
$ORCL $NVDA
