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Comment by 10xDev | Hacker News Reader

PLTR stock peaked at $200 last year and has been going back up so far this year. People are investing in CCP style tech and don't care.

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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.

Free blood money.

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.

I had to pull out of US stocks/market completely last year after I felt dirty just having money in a country sliding into authoritarianism. Interesting where different people draw different lines :)

Same. I was actually disappointed to find out my "excluding US" fund had 0.93% exposure to the US. I want it to nil.

They're both free blood money, I won't allow these deflections to go uncontested.

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.

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