

Smart Money ≠ High Returns
13 snips Nov 5, 2024
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.
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.
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.