Ticker Tape bought Palantir at $10 a share. About 10 months after the company went public, Tom sold. Some investors called when the stock had slipped back below $10 and asked what to do. He told them to sell and take the loss. Several of them, thankfully, didn’t listen.
Palantir later traded around $200 a share. The investors who held on could have made something like 18 times their money, while Tom got out at about three times. He was out in 10 months and could put the capital into other deals, including SpaceX. You can’t really keep score on who got the better outcome. Entry price matters, but so do your time horizon, your conviction and when you decide to sell.
Key points
- Ticker Tape bought Palantir at $10 a share and Tom sold about 10 months after the IPO, at roughly three times his money.
- Some investors who didn’t sell, even after a drop back below $10, later saw much larger gains as the stock rose toward $200.
- Exiting earlier freed up capital for other deals, including SpaceX.
- A profitable sale is not the same thing as the best possible result; horizon and exit strategy matter too.
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