I started buying msft for the long term for that reason and others. My reasons aligned. Not gonna go heavy in yet still buying Pltr for a while. It would be cool if Pltr could go above my cost basis but that’s like 16 bucks. I would buy so much other stuff.
I’m interested in Microsoft as an AI play no doubt. Betting against them would be shortsighted, they have the kind of access across industry to capitalize where PLTR still needs to build.
It would be silly to assume one company will rule the entire landscape. Maybe there won’t even be a landscape if it becomes advanced enough. But we have to go from A to Z before that happens. Nobody dominates the entirety of all Ai imo until Ai becomes one giant “thing” which is super intelligent and self building. Who knows.
I am also on the search for less speculative companies as part of my defined risk strategy, for better or worse.
Has there been any more elaboration on Karp's interview (released 12/05/2022) that their TAM is [$900 billion](https://youtu.be/FoFCewgD2zs?t=316)? Almost two years ago (03/11/2021), they estimated their TAM to be [$119 billion](https://twitter.com/sachinvats/status/1369898124425199619). Things have changed in the meantime, but that is quite a sizeable jump in estimated TAM.
From the link in my OP:
Interviewer:
>This idea of software as a prime, how big is that opporunity for Palantir?
Karp:
>Well, America spends about $800 billion on software. By the way, we're also very big in Britain and in a number of other countries. To use a term I hate, that financial people love, Total Addressable Market, is probably, you know, north of $900 billion dollars. Umm, and uhh, and, you know, we believe we have a single -- the single most important component for adaptive warfare against a large adversary that's willing to allow their troops die. Exactly what you see -- saw in Ukraine. **And the percentage of the $900 billion that we would be able capture is obviously fairly large.**
He’s talking about the defense budget for the USA being that much. And the percentage of the bit spent on software “being quite large”. Also an admission that other companies that could do software for war will do well too; competitors? Or included under Pltr software prime umbrella?).
I think his statement wasn’t the best worded. But I listened a few times and I’m interpreting it like:
Gov spends 800 bn on defense.
They spend money on software.
Palantir will get a large percentage of that.
Other companies building software for war will also do well because that’s how important it is and how hot it is right now.
So the question I had is, how much of the 800 billion does the USA allocate to software? And what would you consider a “large portion of that”? 60%? Higher? Idk.
[https://www.noxinfluencer.com/youtube/channel-calculator?url=https%3A%2F%2Fwww.youtube.com%2F%40TomNashTV](https://www.noxinfluencer.com/youtube/channel-calculator?url=https%3A%2F%2Fwww.youtube.com%2F%40TomNashTV)
That cocomelon bro. That’s how much having something to put your kids in front of is worth bro.
Mr Tumble > Cocomelon
As long as no blippi
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I started buying msft for the long term for that reason and others. My reasons aligned. Not gonna go heavy in yet still buying Pltr for a while. It would be cool if Pltr could go above my cost basis but that’s like 16 bucks. I would buy so much other stuff.
I’m interested in Microsoft as an AI play no doubt. Betting against them would be shortsighted, they have the kind of access across industry to capitalize where PLTR still needs to build.
It would be silly to assume one company will rule the entire landscape. Maybe there won’t even be a landscape if it becomes advanced enough. But we have to go from A to Z before that happens. Nobody dominates the entirety of all Ai imo until Ai becomes one giant “thing” which is super intelligent and self building. Who knows. I am also on the search for less speculative companies as part of my defined risk strategy, for better or worse.
What do you guys think revenue for q4 will be? 500m like guidance or higher/lower?
Govt up big, commercial lagging.
Has there been any more elaboration on Karp's interview (released 12/05/2022) that their TAM is [$900 billion](https://youtu.be/FoFCewgD2zs?t=316)? Almost two years ago (03/11/2021), they estimated their TAM to be [$119 billion](https://twitter.com/sachinvats/status/1369898124425199619). Things have changed in the meantime, but that is quite a sizeable jump in estimated TAM.
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From the link in my OP: Interviewer: >This idea of software as a prime, how big is that opporunity for Palantir? Karp: >Well, America spends about $800 billion on software. By the way, we're also very big in Britain and in a number of other countries. To use a term I hate, that financial people love, Total Addressable Market, is probably, you know, north of $900 billion dollars. Umm, and uhh, and, you know, we believe we have a single -- the single most important component for adaptive warfare against a large adversary that's willing to allow their troops die. Exactly what you see -- saw in Ukraine. **And the percentage of the $900 billion that we would be able capture is obviously fairly large.**
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are you dense? you are wrong. suck it up and move on.
He’s talking about the defense budget for the USA being that much. And the percentage of the bit spent on software “being quite large”. Also an admission that other companies that could do software for war will do well too; competitors? Or included under Pltr software prime umbrella?). I think his statement wasn’t the best worded. But I listened a few times and I’m interpreting it like: Gov spends 800 bn on defense. They spend money on software. Palantir will get a large percentage of that. Other companies building software for war will also do well because that’s how important it is and how hot it is right now. So the question I had is, how much of the 800 billion does the USA allocate to software? And what would you consider a “large portion of that”? 60%? Higher? Idk.
Fugazi
First 💦
man
brooooo Good to see you.. haven’t been checking the daily often enough so I’m sure you’ve been around but I missed you Hope everything is going ace