Tuesday, February 06, 2024

PALANTIR

I have been around the stock market for a long time.   I seldom mention any stocks I own.

Palantir I have owned for a long time.  

I have no clue what they do.   Long ago I used an old technique to help me understand stocks.  It was simple.  If I couldn't explain what the company did on the back of a napkin I probably didn't want to own it.

This is what Palantir does:      Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations.

I don't know Alex Karp, one of the guys who started the company.

If I did I would buy him a hairbrush and a comb.  

Congratulations to all of the owners of PALANTIR today.

  

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