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CapricornNoble | 1 month ago

A Palantir rep was supporting one of our exercises late last summer, and he said "Knowing what I know about how the military is going all-in on Maven....I recommend buying Palantir stock."

I picked up a few shares, but I haven't checked if Palantir's growth has been unique or part of a general military-industrial complex melt-up.

discuss

order

HillRat|1 month ago

Man, back when I was doing Big Consulting (including gov't/defense) I had to affirmatively declare every year to Legal that I wasn't directing any investment purchases or doing anything that could be construed as improper use of nonpublic knowledge. And now Palantir reps just out here pushing insider trading tips like it's nothing, smdh.

drcongo|1 month ago

Free blood money.

CapricornNoble|1 month ago

Nah, free blood money was when my General Dynamics shares went from $60->$120, then did a stock split and went from $60-> ~$100. I think that was in....2005? The Stryker (a GD product) was coming into service in Iraq, which drove my purchasing decision. I was an E-4 in Korea at the time and thought I was a defense stock-picking genius.