Darntons Profile picture
Nov 4 β€’ 10 tweets β€’ 3 min read
Top 8 CONTRARIAN views from Peter Thiel:

EVERYONE must read:

These views will blow your mind & make you think differently.

This first point is CRAZY: πŸ‘‡

#peterthiel $PLTR #investing Image
0-to-1 refers to a new way of doing things. Creating something brand new.

Globalisation is an example of copying - China is the culmination of this.

Technology, however, is a new way of doing things.
Bubbles are a collapse of belief.

The DOTCOM bubble has left scars within the minds of investors and innovators.

After DOCOM, there has been irrational fear of the future.

People can be rational individually. However, in crowds – irrationality prevails.
In business, perfect competition is terrible.

Perfect competition leads to all profits being competed away.

In perfect competition there is a range of competitors selling undifferentiated products.

Perfect competition = the market decides the price, instead of the company.
Monopolies should not be bullies, monopolies should no be illegal, but monopolies should be companies in which provide a service or product that can not be replicated.

The product or service is so good that no other company can replicate.

That is the ideal monopoly.
In perfectly competitive markets, companies, there is no innovation, because these companies don’t make money.

Perfectly competitive companies are bad for the future.

Airlines = perfect competition

There is an incentive for monopolies to improve and innovation, or they fail.
Monopolies are a condition of every successful company.

All monopolies have:

- EOS
- 10X better TECH
- Network effects
- Branding
Looking at quarterly targets can results in one ignoring the fundamental features of the company.

The most vital question to ask: will the business in question be around in 10 years.
Within your own life, you must not diversify. Instead, you must specialise.

Diversification is a method of β€œspray-and-pray”. Diversification is a method of leaving the future to chance.

One must be deterministic about the future. One must take control of their life.
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More from @DarntonsMedia

Nov 7
Palantir Technologies Inc. (NYSE:PLTR)

Full Q3 2022 Presentation Image
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Read 28 tweets
Nov 7
Letter to shareholders of $PLTR

By Alex Karp

πŸ”† HIGHLIGHTS πŸ”†

πŸ‘‡πŸ‘‡πŸ‘‡ Image
We are in the early stages of a significant transformation.
Our company is emerging as a dominant provider of foundational data platforms, generating approximately half a billion dollars in revenue every quarter.
We have crossed the billion-dollar mark in the United States market alone, more than doubling our business in two years.

In the twelve months that ended September 30, 2019, we generated $253 million of revenue in the United States.
Read 16 tweets
Nov 6
PALANTIR EARNINGS:

A few metrics to look out for πŸ‘‡

Palantir is looking to report Q322 earnings on November 7th, before the market opens.

$PLTR Image
The Governmental business for Palantir has been weak within the past few quarters.

However, as we know, this is not due to poor-product-market-fit, or a displacement of the Palantir solution within the Government, but instead the cyclical spending apparent in the Government.
Just to explain briefly, we know that within Governments, due to the inherently flawed structure and poor human organisational skills, this often leads to incredibly inefficient and prolonged decision-making periods.
Read 16 tweets
Nov 5
7 principles to UNDERSTAND the power of investing that made us MILLIONS!

1) It takes time for the compounding effect to kick in.

Might take few years to get your first $100k. But each subsequent $100k is faster and faster. Image
When you are starting to invest, your contributions matter, 50% gain on $5k portfolio is only $2.5k.

As your portfolio matures, the gains matter more. 10% gain on $200k portfolio is $20k!!! Image
The stock price and true value of a company rarely cross. Most of the time the stock is undervalued or overvalued relative to the business performance.

By disciplined regular buying over time, your cost basis gets close to the true value. Image
Read 8 tweets
Nov 4
The INSANE Economics of the Tesla Semi.

The Tesla Semi is going to start deliveries this year! 🚚

Let's take a look at how it will DISRUPT traditional trucking!πŸ”‹

1/x 🧢 Image
Tesla semi will start shipping this year and it will have 500 miles of range. ⚑

This is after many delays, but Tesla is finally ready to start delivering it to customers. In Elon's Master Plan, Part 2, he made reference to building an electric semi. Image
The first customer of the Tesla semi is not known to the public yet. Some think it will be PepsiCo because they pl ace an order for 100 electric semi-trucks. πŸ₯‚ Image
Read 7 tweets
Nov 4
All investors must understand the concept of Wright's Law: πŸ˜€

This is fundamental towards understanding innovation, and how exponential growth curves can occur.

Read for a contrarian view on investing: πŸ‘‡

This applies to $PLTR $TLSA & all innovative companies!

#Investing Image
Wright’s Law is a hypotheses that there is a β€œ20% reduction in cost, when production doubles”.

In so far as 1000 units have been produced, the cost per-unit decrease by 20% when production reaches 2000 units.

And, so on and so forth. Image
Whilst innovation by definition is unpredictable and unexpected:

if we can predict to some extent the level of innovation, and the areas of innovation in the future, this will have major benefits from a societal point of view.
Read 8 tweets

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