David Meier, a keen analyst, shares insights on Palantir's remarkable performance and how it's influencing market trends. He discusses the edge individual investors have over institutions and the mixed results of Harvard’s endowment. The conversation highlights the Rule of 40 for evaluating tech firms, as well as the shift towards rational optimism in unpredictable times. They also touch on Vertex Pharmaceuticals' innovative painkiller and the promising future of AI across sectors.
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Palantir and Ferrari
Palantir helped Ferrari improve their data analysis, especially in real-time.
This allowed for in-race adjustments, incrementally improving lap times and win probability.
insights INSIGHT
Palantir's Bull Case
Palantir's bull case suggests their ability to integrate AI with data is unmatched.
They argue that while AI and data gathering may be commoditized, workflow processes are not.
volunteer_activism ADVICE
Rule of 40
The Rule of 40 helps investors evaluate software companies by combining revenue growth and margin.
A score above 40 suggests strong performance, regardless of company maturity.
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Published in 1949, '1984' is a cautionary tale by George Orwell that explores the dangers of totalitarianism. The novel is set in a dystopian future where the world is divided into three super-states, with the protagonist Winston Smith living in Oceania, ruled by the mysterious and omnipotent leader Big Brother. Winston works at the Ministry of Truth, where he rewrites historical records to conform to the Party's ever-changing narrative. He begins an illicit love affair with Julia and starts to rebel against the Party, but they are eventually caught and subjected to brutal torture and indoctrination. The novel highlights themes of government surveillance, manipulation of language and history, and the suppression of individual freedom and independent thought.
The Rational Optimist
How Prosperity Evolves
Matt Ridley
In 'The Rational Optimist', Matt Ridley presents a bold and provocative interpretation of economic history, arguing that the innate human tendency to trade goods and services, along with specialization, is the source of modern human civilization. The book covers the entire sweep of human history from the Stone Age to the Internet, highlighting how life is improving at an accelerating rate through increased food availability, income, and life span, while disease, child mortality, and violence are decreasing globally. Ridley emphasizes the role of free trade, individual rights, and innovation in enhancing human prosperity and natural biodiversity despite potential setbacks[2][4][5].
A red hot software company is continuing to impress investors.
(00:21) Ricky Mulvey and David Meier offer up some counter programming for election night. They discuss:
- Palantir’s impressive results.
- Harvard’s “just ok” endowment returns.
- Why individuals have advantages over institutional investors.
- Stories causing them to be rationally optimistic.
Motley Fool Money 
