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A frenetic but enjoyable piece. I think the biggest counterpoint, though, is that the fundamental, supposedly-earth-shattering contradictions, hardly matter in
by rmrfrmrf 6y ago
A frenetic but enjoyable piece. I think the biggest counterpoint, though, is that the fundamental, supposedly-earth-shattering contradictions, hardly matter in the current tech/finance economy. Tech stocks at the worst are essentially savings accounts, so a viable business model has become optional.
- raziel2701 6y agoI think he acknowledges your counterpoint, if Trump stays in office and we continue our economic policy of issuing more debt to finance zombie corporations then yes, the current dislocation of fundamentals in the stock market will continue and Palantir's stock will rise. As he says, the only opposing forces to Palantir is capitalism and math, since we currently operate in a crony capitalism system full of "too big to fail" bailouts then reality will not matter and this company's valuation will increase provided the status quo is maintained.